LCI Industries (NYSE:LCII) CEO Sells $4,350,900.00 in Stock

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 30,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $145.03, for a total value of $4,350,900.00. Following the transaction, the chief executive officer owned 344,973 shares of the company’s stock, valued at approximately $50,031,434.19. This trade represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Jason Lippert also recently made the following trade(s):

• On Tuesday, February 24th, Jason Lippert sold 10,000 shares of LCI Industries stock. The stock was sold at an average price of $142.76, for a total transaction of $1,427,600.00.
• On Friday, February 20th, Jason Lippert sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $148.01, for a total transaction of $1,480,100.00.

LCI Industries Stock Down 0.5%

NYSE:LCII traded down $0.65 during mid-day trading on Tuesday, reaching $141.25. The stock had a trading volume of 261,985 shares, compared to its average volume of 375,308. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 18.71 and a beta of 1.32. LCI Industries has a 1-year low of $72.31 and a 1-year high of $159.66. The stock’s 50 day simple moving average is $138.56 and its two-hundred day simple moving average is $115.17.

LCI Industries (NYSE:LCII) last released its earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. The company had revenue of $932.70 million for the quarter, compared to the consensus estimate of $913.04 million. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.During the same quarter last year, the business posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Equities analysts anticipate that LCI Industries will post 6.76 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LCII shares. Loop Capital reissued a “hold” rating and issued a $149.00 price target on shares of LCI Industries in a report on Thursday, January 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. Zacks Research upgraded shares of LCI Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, LCI Industries presently has an average rating of “Hold” and an average target price of $156.67.

Hedge Funds Weigh In On LCI Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. M&T Bank Corp lifted its position in shares of LCI Industries by 8,419.2% during the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock valued at $89,686,000 after acquiring an additional 730,453 shares during the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of LCI Industries during the fourth quarter worth $27,142,000. Bank of Montreal Can lifted its holdings in shares of LCI Industries by 70.4% during the second quarter. Bank of Montreal Can now owns 435,844 shares of the company’s stock valued at $39,745,000 after purchasing an additional 180,060 shares during the last quarter. Bridgeway Capital Management LLC acquired a new position in shares of LCI Industries in the 2nd quarter valued at $15,633,000. Finally, Frontier Capital Management Co. LLC boosted its position in shares of LCI Industries by 47.0% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 504,761 shares of the company’s stock valued at $46,029,000 after purchasing an additional 161,472 shares during the period. Institutional investors own 99.71% of the company’s stock.

About LCI Industries

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.