LSI Industries (NASDAQ:LYTS) CEO James Anthony Clark Sells 23,706 Shares

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 23,706 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $20.09, for a total transaction of $476,253.54. Following the transaction, the chief executive officer directly owned 609,641 shares in the company, valued at approximately $12,247,687.69. This represents a 3.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

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

LSI Industries Trading Down 1.8%

Shares of NASDAQ LYTS traded down $0.38 during trading on Wednesday, hitting $20.27. 495,662 shares of the company traded hands, compared to its average volume of 350,959. The firm has a market capitalization of $744.11 million, a P/E ratio of 30.25 and a beta of 0.56. 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 company has a 50-day moving average price of $24.40 and a 200-day moving average price of $22.66. LSI Industries Inc. has a 1 year low of $17.20 and a 1 year high of $27.36.

LSI Industries (NASDAQ:LYTS) last issued its earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.03. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%.The business had revenue of $234.62 million for the quarter, compared to analyst estimates of $222.78 million. On average, equities analysts predict that LSI Industries Inc. will post 1.18 EPS for the current year.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 31st will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, August 31st. LSI Industries’s dividend payout ratio (DPR) is 29.85%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LYTS. Wall Street Zen downgraded shares of LSI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings cut shares of LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Oppenheimer decreased their price objective on shares of LSI Industries from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. HC Wainwright reissued a “buy” rating on shares of LSI Industries in a research note on Friday, August 21st. Finally, Morgan Stanley set a $30.00 target price on shares of LSI Industries in a report on Friday, August 21st. 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

Trending Headlines about LSI Industries

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

• Positive Sentiment: Long-term earnings outlook improved: HC Wainwright maintained its “Buy” rating and raised its EPS forecasts for fiscal 2028 to $1.55 from $1.52, fiscal 2029 to $2.04 from $1.96, and fiscal 2030 to $2.54 from $2.45. The firm projects EPS could reach $3.16 by fiscal 2031, compared with the current-year consensus of $1.18, supporting the growth thesis for LSI Industries.
• Positive Sentiment: Insider buying provides a confidence signal: Director Ernest Marshall Jr. purchased 2,000 shares at $19.73, increasing his position by 7.51%. Insider Buying: LSI Industries Director Buys 2,000 Shares
• Positive Sentiment: Recent results beat expectations: LSI Industries reported quarterly EPS of $0.38 versus the $0.35 consensus and revenue of $234.62 million versus estimates of $222.78 million. The earnings call characterized the past year as transformational, potentially reinforcing confidence in the company’s strategic progress. LSI Industries Earnings Call Highlights Transformational Year
• Neutral Sentiment: Shareholder returns remain modest: The company declared a quarterly dividend of $0.05, or $0.20 annually, representing an approximately 1% yield and a payout ratio near 30%.
• Neutral Sentiment: Short-interest data offers little insight: Reported short interest was zero shares, so there is no meaningful short-covering or short-squeeze factor affecting the stock.
• Negative Sentiment: Mixed analyst signals and technical weakness may be weighing on sentiment: Oppenheimer reduced its price target to $29 from $30, while some firms maintain Hold ratings. LYTS is also trading below both its 50-day and 200-day moving averages, indicating near-term selling pressure despite the longer-term earnings optimism.

Institutional Investors Weigh In On LSI Industries

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

About LSI Industries

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.