Insider Selling: LSI Industries (NASDAQ:LYTS) CFO Sells 8,141 Shares of Stock

LSI Industries Inc. (NASDAQ:LYTS) CFO James Galeese sold 8,141 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $19.78, for a total value of $161,028.98. Following the transaction, the chief financial officer directly owned 199,009 shares in the company, valued at $3,936,398.02. The trade was a 3.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

LSI Industries Stock Down 1.8%

Shares of LYTS stock traded down $0.38 on Wednesday, hitting $20.27. The stock had a trading volume of 495,662 shares, compared to its average volume of 350,959. 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 business has a 50 day moving average price of $24.40 and a 200 day moving average price of $22.66. The company has a market cap of $744.11 million, a PE ratio of 30.25 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.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings data on Thursday, August 20th. The construction company reported $0.38 earnings per share 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 analyst estimates of $222.78 million. Research analysts anticipate that LSI Industries Inc. will post 1.18 earnings per share for the current fiscal year.

LSI Industries Dividend Announcement

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

Institutional Trading of LSI Industries

A number of institutional investors have recently modified their holdings of LYTS. Ameritas Advisory Services LLC purchased a new position in shares of LSI Industries in the 2nd quarter worth approximately $31,000. Northwestern Mutual Wealth Management Co. purchased a new stake in LSI Industries during the second quarter valued at approximately $41,000. PenderFund Capital Management Ltd. acquired a new stake in LSI Industries in the second quarter valued at approximately $41,000. Rockefeller Capital Management L.P. boosted its stake in 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 valued at $31,000 after acquiring an additional 625 shares in the last quarter. Finally, New York State Teachers Retirement System acquired a new position in shares of LSI Industries during the fourth quarter worth $36,000. 73.91% of the stock is currently owned by institutional investors.

Key Headlines Impacting 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.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LYTS shares. Wall Street Zen downgraded shares of LSI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. HC Wainwright restated a “buy” rating on shares of LSI Industries in a report on Friday, August 21st. Morgan Stanley set a $30.00 target price on LSI Industries in a research report on Friday, August 21st. Oppenheimer cut their price target on LSI Industries from $30.00 to $29.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Finally, Weiss Ratings lowered LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.00.

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.