LSI Industries (NASDAQ:LYTS) CEO James Anthony Clark Sells 13,907 Shares

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 13,907 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $20.28, for a total transaction of $282,033.96. Following the sale, the chief executive officer directly owned 595,734 shares in the company, valued at approximately $12,081,485.52. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

James Anthony Clark also recently made the following trade(s):

• On Tuesday, August 25th, James Anthony Clark sold 23,706 shares of LSI Industries stock. The stock was sold at an average price of $20.09, for a total transaction of $476,253.54.
• On Monday, August 24th, James Anthony Clark sold 23,340 shares of LSI Industries stock. The stock was sold at an average price of $19.78, for a total transaction of $461,665.20.

LSI Industries Stock Performance

NASDAQ LYTS opened at $20.17 on Friday. The company’s 50 day moving average is $24.17 and its 200-day moving average is $22.63. LSI Industries Inc. has a 12-month low of $17.20 and a 12-month high of $27.36. The company has a quick ratio of 0.86, a current ratio of 1.48 and a debt-to-equity ratio of 0.58. The firm has a market cap of $740.48 million, a P/E ratio of 30.10 and a beta of 0.56.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings data on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, topping the consensus estimate 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. Sell-side analysts predict that LSI Industries Inc. will post 0.82 earnings per share for the current year.

LSI Industries Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LYTS. HC Wainwright reiterated a “buy” rating on shares of LSI Industries in a research report on Friday, August 21st. Oppenheimer dropped 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 target price on LSI Industries in a research note on Friday, August 21st. Weiss Ratings lowered LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Finally, Wall Street Zen lowered LSI Industries from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, LSI Industries presently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of LSI Industries by 205.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,534 shares of the construction company’s stock valued at $28,000 after purchasing an additional 1,031 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of LSI Industries by 57.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock worth $31,000 after buying an additional 625 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of LSI Industries in the second quarter worth $31,000. Strs Ohio purchased a new stake in shares of LSI Industries in the first quarter worth $34,000. Finally, New York State Teachers Retirement System bought a new stake in LSI Industries during the fourth quarter valued at $36,000. 73.91% of the stock is owned by institutional investors.

LSI Industries News Summary

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

• Positive Sentiment: Fourth-quarter results exceeded expectations. Fiscal fourth-quarter sales rose 51% year over year to $234.6 million, helped by the Royston acquisition, while adjusted diluted EPS increased to $0.38 from $0.34 and topped the $0.35 consensus estimate. LSI Industries Fourth-Quarter Results
• Positive Sentiment: Longer-term analyst projections remain favorable. HC Wainwright reiterated its Buy rating and raised its EPS forecasts for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively, while projecting $3.16 for fiscal 2031. The company also declared a quarterly dividend of $0.05 per share, or $0.20 annualized.
• Neutral Sentiment: Management characterized the period as transformational. The earnings call emphasized LSI Industries’ ongoing transformation, but investors appear focused on whether the reported sales growth can continue as acquisition benefits fade. LSI Industries Earnings Call Highlights
• Negative Sentiment: Near-term earnings expectations were cut sharply. HC Wainwright reduced its fiscal 2027 EPS estimate to $0.72 from $1.33 and expects only $0.03 EPS in the second quarter. Although the firm maintained its Buy rating, the reduction signals weaker near-term momentum and is below the current full-year consensus estimate of $1.13.
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark, CFO James E. Galeese and EVP Thomas A. Caneris collectively sold tens of thousands of shares in transactions from August 24–26, worth roughly $1.5 million. Each retained a substantial position, but the cluster of sales may undermine investor confidence.

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.