James Galeese Sells 8,141 Shares of LSI Industries (NASDAQ:LYTS) Stock

LSI Industries Inc. (NASDAQ:LYTS) CFO James Galeese sold 8,141 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $19.78, for a total transaction of $161,028.98. Following the completion of the transaction, the chief financial officer owned 199,009 shares in the company, valued at $3,936,398.02. This trade represents a 3.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

LSI Industries Stock Performance

LYTS opened at $20.17 on Friday. The company’s 50 day moving average is $24.17 and its 200 day moving average is $22.63. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 0.58. The company has a market cap of $740.48 million, a price-to-earnings ratio of 30.10 and a beta of 0.56. LSI Industries Inc. has a 12-month low of $17.20 and a 12-month high of $27.36.

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

LSI Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 31st will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. LSI Industries’s dividend payout ratio (DPR) is currently 29.85%.

Institutional Investors Weigh In On LSI Industries

Large investors have recently made changes to their positions in the company. North Star Investment Management Corp. lifted its position in shares of LSI Industries by 40.7% in the first quarter. North Star Investment Management Corp. now owns 276,463 shares of the construction company’s stock worth $5,142,000 after buying an additional 80,000 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in LSI Industries in the 1st quarter worth approximately $2,107,000. Diamond Hill Capital Management LLC Investment Advisor bought a new stake in LSI Industries in the 2nd quarter worth approximately $5,324,000. Globeflex Capital L P purchased a new stake in shares of LSI Industries during the 2nd quarter worth approximately $5,194,000. Finally, AltraVue Capital LLC boosted its position in shares of LSI Industries by 8.0% during the 4th quarter. AltraVue Capital LLC now owns 1,445,833 shares of the construction company’s stock valued at $26,488,000 after acquiring an additional 106,693 shares during the last quarter. 73.91% of the stock is owned by institutional investors.

Trending Headlines about LSI Industries

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.

Wall Street Analyst Weigh In

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