LSI Industries (NASDAQ:LYTS) CFO Sells $166,124.21 in Stock

LSI Industries Inc. (NASDAQ:LYTS) CFO James Galeese sold 8,269 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $20.09, for a total transaction of $166,124.21. Following the transaction, the chief financial officer directly owned 190,740 shares in the company, valued at $3,831,966.60. This trade represents a 4.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

LSI Industries Stock Down 1.8%

LSI Industries stock traded down $0.38 during midday trading on Wednesday, reaching $20.27. The stock had a trading volume of 495,662 shares, compared to its average volume of 350,959. LSI Industries Inc. has a 12 month low of $17.20 and a 12 month high of $27.36. The company has a market capitalization of $744.11 million, a P/E ratio of 30.25 and a beta of 0.56. The company has a fifty day moving average price of $24.40 and a two-hundred day moving average price of $22.66. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 0.58.

LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%.The business had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. As a group, equities analysts expect that LSI Industries Inc. will post 1.18 EPS for the current fiscal year.

LSI Industries Announces Dividend

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 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 yield of 1.0%. LSI Industries’s dividend payout ratio is presently 29.85%.

Trending Headlines about LSI Industries

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

• Positive Sentiment: Long-term earnings outlook improved: HC Wainwright maintained its “Buy” rating and raised its EPS forecasts for fiscal 2028 to $1.55 from $1.52, fiscal 2029 to $2.04 from $1.96, and fiscal 2030 to $2.54 from $2.45. The firm projects EPS could reach $3.16 by fiscal 2031, compared with the current-year consensus of $1.18, supporting the growth thesis for LSI Industries.
• Positive Sentiment: Insider buying provides a confidence signal: Director Ernest Marshall Jr. purchased 2,000 shares at $19.73, increasing his position by 7.51%. Insider Buying: LSI Industries Director Buys 2,000 Shares
• Positive Sentiment: Recent results beat expectations: LSI Industries reported quarterly EPS of $0.38 versus the $0.35 consensus and revenue of $234.62 million versus estimates of $222.78 million. The earnings call characterized the past year as transformational, potentially reinforcing confidence in the company’s strategic progress. LSI Industries Earnings Call Highlights Transformational Year
• Neutral Sentiment: Shareholder returns remain modest: The company declared a quarterly dividend of $0.05, or $0.20 annually, representing an approximately 1% yield and a payout ratio near 30%.
• Neutral Sentiment: Short-interest data offers little insight: Reported short interest was zero shares, so there is no meaningful short-covering or short-squeeze factor affecting the stock.
• Negative Sentiment: Mixed analyst signals and technical weakness may be weighing on sentiment: Oppenheimer reduced its price target to $29 from $30, while some firms maintain Hold ratings. LYTS is also trading below both its 50-day and 200-day moving averages, indicating near-term selling pressure despite the longer-term earnings optimism.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On LSI Industries

A number of institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in LSI Industries by 205.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,534 shares of the construction company’s stock valued at $28,000 after buying an additional 1,031 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of LSI Industries by 57.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock worth $31,000 after buying an additional 625 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of LSI Industries in the 2nd quarter worth approximately $31,000. Strs Ohio bought a new position in shares of LSI Industries in the first quarter valued at approximately $34,000. Finally, New York State Teachers Retirement System bought a new position in shares of LSI Industries in the fourth quarter valued at approximately $36,000. 73.91% of the stock is owned by institutional investors.

LSI Industries Company Profile

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.