Lsb Industries (NYSE:LXU) CFO Cheryl Maguire Sells 1,550 Shares of Stock

Lsb Industries Inc. (NYSE:LXUGet Free Report) CFO Cheryl Maguire sold 1,550 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $10.00, for a total transaction of $15,500.00. Following the completion of the sale, the chief financial officer owned 199,169 shares of the company’s stock, valued at $1,991,690. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Cheryl Maguire also recently made the following trade(s):

  • On Wednesday, January 14th, Cheryl Maguire sold 7,551 shares of Lsb Industries stock. The shares were sold at an average price of $10.00, for a total value of $75,510.00.

Lsb Industries Stock Performance

Shares of NYSE:LXU opened at $9.60 on Friday. The firm’s 50 day simple moving average is $8.99 and its 200-day simple moving average is $8.53. The firm has a market cap of $690.62 million, a PE ratio of -960.00 and a beta of 0.75. Lsb Industries Inc. has a one year low of $4.88 and a one year high of $10.04. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.63 and a current ratio of 2.84.

Lsb Industries (NYSE:LXUGet Free Report) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The company had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%. As a group, equities analysts predict that Lsb Industries Inc. will post -0.18 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in Lsb Industries by 7.4% in the first quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock valued at $257,000 after purchasing an additional 2,692 shares during the period. Empowered Funds LLC purchased a new position in shares of Lsb Industries in the 1st quarter valued at about $697,000. Rhumbline Advisers grew its position in shares of Lsb Industries by 5.2% during the first quarter. Rhumbline Advisers now owns 88,188 shares of the conglomerate’s stock worth $581,000 after buying an additional 4,334 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Lsb Industries by 1.1% during the second quarter. Geode Capital Management LLC now owns 1,261,020 shares of the conglomerate’s stock worth $9,838,000 after buying an additional 14,313 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Lsb Industries by 22.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 178,493 shares of the conglomerate’s stock worth $1,392,000 after acquiring an additional 32,516 shares in the last quarter. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Zacks Research raised Lsb Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Royal Bank Of Canada boosted their price target on shares of Lsb Industries from $9.00 to $10.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. UBS Group restated a “neutral” rating and set a $9.75 price objective (up from $9.50) on shares of Lsb Industries in a research report on Monday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Lsb Industries presently has a consensus rating of “Moderate Buy” and an average target price of $9.92.

View Our Latest Research Report on LXU

More Lsb Industries News

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

  • Negative Sentiment: CFO Cheryl Maguire sold 7,551 shares at an average of $10.00 on Jan. 14 (≈ $75,510). CFO 7,551-share sale
  • Negative Sentiment: CFO Cheryl Maguire sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500), reducing her position modestly. CFO 1,550-share sale
  • Negative Sentiment: SVP Kristy Carver sold 19,550 shares at ~$9.99 on Jan. 14 (≈ $195,304.50), representing a large 27% reduction in her stake. SVP 19,550-share sale
  • Negative Sentiment: Director Barry H. Golsen sold 15,600 shares at $10.00 on Jan. 14 (≈ $156,000), cutting his holding by ~15%. Director 15,600-share sale
  • Negative Sentiment: Director Barry H. Golsen sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500). Director 1,550-share sale

About Lsb Industries

(Get Free Report)

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.

Further Reading

Insider Buying and Selling by Quarter for Lsb Industries (NYSE:LXU)

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