James Anthony Clark Sells 23,340 Shares of LSI Industries (NASDAQ:LYTS) Stock

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 23,340 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $19.78, for a total transaction of $461,665.20. Following the completion of the sale, the chief executive officer directly owned 633,347 shares of the company’s stock, valued at $12,527,603.66. The trade was a 3.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Wednesday, August 26th, James Anthony Clark sold 13,907 shares of LSI Industries stock. The shares were sold at an average price of $20.28, for a total transaction of $282,033.96.
• On Tuesday, August 25th, James Anthony Clark sold 23,706 shares of LSI Industries stock. The stock was sold at an average price of $20.09, for a total transaction of $476,253.54.

LSI Industries Price Performance

Shares of NASDAQ LYTS opened at $20.17 on Friday. LSI Industries Inc. has a twelve month low of $17.20 and a twelve month high of $27.36. The stock’s 50 day moving average price is $24.17 and its 200-day moving average price is $22.63. The company has a market capitalization of $740.48 million, a PE ratio of 30.10 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.

LSI Industries (NASDAQ:LYTS) last released its earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The company had revenue of $234.62 million during the quarter, compared to analyst estimates of $222.78 million. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%. On average, equities analysts anticipate that LSI Industries Inc. will post 0.82 EPS for the current year.

LSI Industries Dividend Announcement

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

Wall Street Analyst Weigh In

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

LSI Industries News Summary

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

• Positive Sentiment: Fourth-quarter results exceeded expectations. Fiscal fourth-quarter sales rose 51% year over year to $234.6 million, helped by the Royston acquisition, while adjusted diluted EPS increased to $0.38 from $0.34 and topped the $0.35 consensus estimate. LSI Industries Fourth-Quarter Results
• Positive Sentiment: Longer-term analyst projections remain favorable. HC Wainwright reiterated its Buy rating and raised its EPS forecasts for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively, while projecting $3.16 for fiscal 2031. The company also declared a quarterly dividend of $0.05 per share, or $0.20 annualized.
• Neutral Sentiment: Management characterized the period as transformational. The earnings call emphasized LSI Industries’ ongoing transformation, but investors appear focused on whether the reported sales growth can continue as acquisition benefits fade. LSI Industries Earnings Call Highlights
• Negative Sentiment: Near-term earnings expectations were cut sharply. HC Wainwright reduced its fiscal 2027 EPS estimate to $0.72 from $1.33 and expects only $0.03 EPS in the second quarter. Although the firm maintained its Buy rating, the reduction signals weaker near-term momentum and is below the current full-year consensus estimate of $1.13.
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark, CFO James E. Galeese and EVP Thomas A. Caneris collectively sold tens of thousands of shares in transactions from August 24–26, worth roughly $1.5 million. Each retained a substantial position, but the cluster of sales may undermine investor confidence.

Institutional Investors Weigh In On LSI Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in LSI Industries by 205.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,534 shares of the construction company’s stock valued at $28,000 after purchasing an additional 1,031 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of 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 worth $31,000 after purchasing an additional 625 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of LSI Industries in the second quarter worth about $31,000. Strs Ohio bought a new stake in shares of LSI Industries in the first quarter valued at approximately $34,000. Finally, New York State Teachers Retirement System bought a new stake in shares of LSI Industries in the fourth quarter valued at approximately $36,000. 73.91% of the stock is currently owned by 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.