LSI Industries Inc. (NASDAQ:LYTS) VP James E. Galeese purchased 7,641 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average price of $6.54 per share, for a total transaction of $49,972.14. Following the purchase, the vice president now owns 2,379 shares in the company, valued at $15,558.66. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of LSI Industries Inc. (LYTS) traded down $0.05 on Friday, hitting $6.53. 86,623 shares of the stock traded hands, compared to its average volume of 60,169. LSI Industries Inc. has a 52 week low of $4.99 and a 52 week high of $10.68. The firm has a market cap of $168.42, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 1.31 and a beta of 1.68. The company has a current ratio of 2.64, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36.

LSI Industries (NASDAQ:LYTS) last posted its earnings results on Thursday, October 26th. The construction company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. LSI Industries had a negative net margin of 4.02% and a positive return on equity of 3.27%. The business had revenue of $87.47 million for the quarter, compared to analyst estimates of $82.45 million. During the same period last year, the business posted $0.06 EPS. LSI Industries’s revenue was up 3.9% compared to the same quarter last year. research analysts anticipate that LSI Industries Inc. will post 0.2 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Investors of record on Monday, November 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 3.06%. LSI Industries’s payout ratio is presently -38.46%.

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in LSI Industries by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 945,777 shares of the construction company’s stock valued at $9,543,000 after buying an additional 32,383 shares during the last quarter. Geode Capital Management LLC grew its stake in LSI Industries by 1.9% in the 1st quarter. Geode Capital Management LLC now owns 190,663 shares of the construction company’s stock valued at $1,922,000 after buying an additional 3,593 shares during the last quarter. Systematic Financial Management LP acquired a new position in LSI Industries in the 2nd quarter valued at $5,914,000. Dimensional Fund Advisors LP grew its stake in LSI Industries by 3.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,827,862 shares of the construction company’s stock valued at $16,542,000 after buying an additional 55,073 shares during the last quarter. Finally, Chartwell Investment Partners LLC grew its stake in LSI Industries by 1.7% in the 3rd quarter. Chartwell Investment Partners LLC now owns 1,587,655 shares of the construction company’s stock valued at $10,494,000 after buying an additional 26,372 shares during the last quarter. Institutional investors and hedge funds own 73.18% of the company’s stock.

Several research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of LSI Industries from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a research note on Wednesday, November 1st. Roth Capital set a $6.00 price target on shares of LSI Industries and gave the stock a “hold” rating in a research note on Friday, October 6th. Finally, Canaccord Genuity restated a “buy” rating and set a $9.00 price target on shares of LSI Industries in a research note on Thursday, October 26th.

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LSI Industries Company Profile

LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.

Insider Buying and Selling by Quarter for LSI Industries (NASDAQ:LYTS)

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