LSI Industries (NASDAQ:LYTS) CFO James Galeese Sells 4,778 Shares of Stock

LSI Industries Inc. (NASDAQ:LYTSGet Free Report) CFO James Galeese sold 4,778 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $20.28, for a total value of $96,897.84. Following the sale, the chief financial officer owned 185,962 shares of the company’s stock, valued at approximately $3,771,309.36. This represents a 2.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

LSI Industries Stock Down 0.5%

LYTS stock traded down $0.10 on Thursday, hitting $20.17. 443,960 shares of the company’s stock were exchanged, compared to its average volume of 351,525. LSI Industries Inc. has a 12-month low of $17.20 and a 12-month high of $27.36. The firm has a 50 day moving average price of $24.29 and a two-hundred day moving average price of $22.65. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48. The stock has a market cap of $740.44 million, a P/E ratio of 30.10 and a beta of 0.56.

LSI Industries (NASDAQ:LYTSGet Free Report) last announced 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. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%.The company had revenue of $234.62 million for the quarter, compared to analyst estimates of $222.78 million. As a group, equities research analysts expect that LSI Industries Inc. will post 1.13 EPS for the current fiscal year.

LSI Industries Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have weighed in on LYTS shares. Wall Street Zen downgraded shares of LSI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Oppenheimer decreased their price target on shares of LSI Industries from $30.00 to $29.00 and set an “outperform” rating for the company in a report on Friday, August 21st. HC Wainwright reiterated a “buy” rating on shares of LSI Industries in a research note on Friday, August 21st. Weiss Ratings lowered shares of 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 target price on LSI Industries in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, LSI Industries currently has an average rating of “Moderate Buy” and an average target price of $29.00.

View Our Latest Report on LYTS

More LSI Industries News

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

  • Positive Sentiment: HC Wainwright retained its Buy rating and raised long-term earnings forecasts. The firm increased its EPS estimates for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively, and projects $3.16 in fiscal 2031. These forecasts suggest confidence in LSI Industries’ longer-term transformation and growth potential.
  • Positive Sentiment: Recent quarterly results exceeded expectations. LSI Industries reported EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million surpassed the $222.78 million estimate. The company also declared a quarterly dividend of $0.05 per share, equal to a 1.0% annualized yield. LSI Industries financial results
  • Neutral Sentiment: Management characterized the earnings call as a “transformational year.” The headline is potentially encouraging, but the available report provides limited detail about specific initiatives, financial targets or operating trends. LSI Industries Earnings Call Highlights Transformational Year
  • Negative Sentiment: HC Wainwright sharply cut its fiscal 2027 EPS forecast. The estimate fell to $0.72 from $1.33, below the current full-year consensus of $1.13. Its $0.03 second-quarter forecast also points to potentially weak near-term earnings momentum, despite the continued Buy rating.
  • Negative Sentiment: Several senior executives sold shares. CEO James Anthony Clark sold approximately 47,046 shares, CFO James E. Galeese sold 16,410 shares, and EVP Thomas Caneris sold 11,034 shares in transactions conducted August 24–25. Each executive retained a substantial position, but coordinated selling by top management can undermine investor confidence. LSI Industries insider selling

Institutional Investors Weigh In On LSI Industries

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in LSI Industries in the 2nd quarter worth approximately $72,118,000. California State Teachers Retirement System raised its position in LSI Industries by 3,782.7% during the 2nd quarter. California State Teachers Retirement System now owns 1,005,548 shares of the construction company’s stock worth $26,727,000 after buying an additional 979,650 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in LSI Industries by 70.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 742,592 shares of the construction company’s stock valued at $13,604,000 after acquiring an additional 306,864 shares during the period. Bank of New York Mellon Corp acquired a new stake in LSI Industries during the 2nd quarter valued at approximately $6,232,000. Finally, Juniper Investment Company LLC boosted its holdings in shares of LSI Industries by 211.0% in the 4th quarter. Juniper Investment Company LLC now owns 341,504 shares of the construction company’s stock valued at $6,256,000 after acquiring an additional 231,693 shares during the last quarter. Hedge funds and other institutional investors own 73.91% of the company’s stock.

LSI Industries Company Profile

(Get Free Report)

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.

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