LSB Industries, Inc. (NYSE:LXU) Director Richard S. Sanders, Jr. sold 1,250 shares of the stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $8.17, for a total transaction of $10,212.50. Following the completion of the sale, the director now owns 22,778 shares of the company’s stock, valued at approximately $186,096.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE LXU opened at $7.97 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 1.13. LSB Industries, Inc. has a twelve month low of $4.75 and a twelve month high of $10.05.

LSB Industries (NYSE:LXU) last announced its quarterly earnings results on Wednesday, October 24th. The conglomerate reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.80) by ($0.42). The business had revenue of $79.78 million for the quarter. LSB Industries had a negative return on equity of 14.79% and a negative net margin of 15.65%.

Separately, ValuEngine upgraded shares of LSB Industries from a “hold” rating to a “buy” rating in a research note on Monday, August 20th.

A number of institutional investors and hedge funds have recently made changes to their positions in LXU. BlackRock Inc. lifted its stake in LSB Industries by 1.2% during the first quarter. BlackRock Inc. now owns 2,637,893 shares of the conglomerate’s stock worth $16,171,000 after purchasing an additional 31,643 shares during the period. JPMorgan Chase & Co. lifted its stake in LSB Industries by 119.1% during the first quarter. JPMorgan Chase & Co. now owns 31,492 shares of the conglomerate’s stock worth $192,000 after purchasing an additional 17,120 shares during the period. California Public Employees Retirement System lifted its stake in LSB Industries by 42.8% during the first quarter. California Public Employees Retirement System now owns 36,269 shares of the conglomerate’s stock worth $222,000 after purchasing an additional 10,869 shares during the period. Engineers Gate Manager LP bought a new position in LSB Industries during the second quarter worth about $108,000. Finally, Bank of New York Mellon Corp lifted its stake in LSB Industries by 3.4% during the second quarter. Bank of New York Mellon Corp now owns 235,881 shares of the conglomerate’s stock worth $1,250,000 after purchasing an additional 7,800 shares during the period. Hedge funds and other institutional investors own 54.94% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “LSB Industries, Inc. (LXU) Director Sells $10,212.50 in Stock” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.thecerbatgem.com/2018/11/10/lsb-industries-inc-lxu-director-sells-10212-50-in-stock.html.

About LSB Industries

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

See Also: Trading Strategy Methods for Individual Investors

Receive News & Ratings for LSB Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSB Industries and related companies with MarketBeat.com's FREE daily email newsletter.