LSI Industries (NASDAQ:LYTS) EVP Sells $108,275.72 in Stock

LSI Industries Inc. (NASDAQ:LYTS) EVP Thomas Caneris sold 5,474 shares of LSI Industries stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $19.78, for a total transaction of $108,275.72. Following the sale, the executive vice president owned 81,839 shares of the company’s stock, valued at approximately $1,618,775.42. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

LSI Industries Price Performance

Shares of NASDAQ:LYTS opened at $19.71 on Friday. The company’s fifty day moving average price is $24.03 and its 200-day moving average price is $22.61. The firm has a market capitalization of $723.55 million, a price-to-earnings ratio of 29.42 and a beta of 0.56. LSI Industries Inc. has a one year low of $17.20 and a one year high of $27.36. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86.

LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings data on Thursday, August 20th. The construction company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The company had revenue of $234.62 million during the quarter, compared to the consensus estimate of $222.78 million. On average, equities research analysts anticipate that LSI Industries Inc. will post 0.82 earnings per share for the current fiscal year.

LSI Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 annualized dividend and a yield of 1.0%. LSI Industries’s payout ratio is 29.85%.

Hedge Funds Weigh In On LSI Industries

Large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in LSI Industries in the second quarter valued at approximately $72,118,000. California State Teachers Retirement System grew its holdings in shares of LSI Industries by 3,782.7% in the second quarter. California State Teachers Retirement System now owns 1,005,548 shares of the construction company’s stock worth $26,727,000 after purchasing an additional 979,650 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of LSI Industries by 70.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 742,592 shares of the construction company’s stock worth $13,604,000 after purchasing an additional 306,864 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of LSI Industries in the second quarter worth $6,232,000. Finally, Juniper Investment Company LLC raised its holdings in LSI Industries by 211.0% during the 4th quarter. Juniper Investment Company LLC now owns 341,504 shares of the construction company’s stock valued at $6,256,000 after buying an additional 231,693 shares during the last quarter. 73.91% of the stock is owned by hedge funds and other institutional investors.

Key LSI Industries News

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Fourth-quarter results beat estimates. LSI reported fiscal fourth-quarter revenue of $234.6 million, up 51% year over year and above the $222.8 million consensus estimate. Adjusted EPS rose to $0.38 from $0.34 and exceeded expectations of $0.35, with acquisition activity—particularly Royston—contributing to growth. LSI Industries Fourth-Quarter Results
• Positive Sentiment: Analyst coverage remains constructive. HC Wainwright maintained its Buy rating, while Morgan Stanley and Oppenheimer have price targets of $30 and $29, respectively. LSI also declared a quarterly dividend of $0.05 per share, equivalent to a $0.20 annualized payout and approximately a 1% yield.
• Neutral Sentiment: Growth quality remains a key investor question. Although reported sales grew substantially, investors are assessing how much of the increase came from acquisitions and whether organic growth can accelerate as those benefits moderate.
• Negative Sentiment: HC Wainwright sharply reduced its fiscal 2027 EPS forecast. The firm cut its estimate to $0.72 from $1.33 and expects only $0.03 EPS in the second quarter. While it retained a Buy rating, the reduction points to weaker near-term earnings momentum and is below the broader current-year consensus of $1.13. HC Wainwright LSI Industries Earnings Forecast
• Negative Sentiment: Several senior executives sold shares. CEO James Anthony Clark, CFO James E. Galeese and EVP Thomas Caneris collectively sold shares worth roughly $1.5 million in transactions dated August 24–26. Each executive retained a substantial stake, but the concentration of sales can weigh on sentiment and reinforce concerns after the earnings outlook reduction. LSI Industries Insider Selling

Analyst Upgrades and Downgrades

LYTS has been the topic of a number of research reports. Oppenheimer decreased their price objective on LSI Industries from $30.00 to $29.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Morgan Stanley set a $30.00 price target on shares of LSI Industries in a research report on Friday, August 21st. HC Wainwright reissued a “buy” rating on shares of LSI Industries in a research note on Friday, August 21st. Weiss Ratings lowered shares of LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Finally, Wall Street Zen cut shares of LSI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, LSI Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.00.

LSI Industries Company Profile

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.