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

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

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

• On Tuesday, August 25th, James Anthony Clark sold 23,706 shares of LSI Industries stock. The shares were sold at an average price of $20.09, for a total value of $476,253.54.

LSI Industries Stock Performance

LSI Industries stock traded down $0.38 during mid-day trading on Wednesday, hitting $20.27. 495,662 shares of the company’s stock traded hands, compared to its average volume of 350,959. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86. The firm has a 50 day simple moving average of $24.40 and a two-hundred day simple moving average of $22.66. LSI Industries Inc. has a fifty-two week low of $17.20 and a fifty-two week high of $27.36. The stock has a market cap of $744.11 million, a price-to-earnings ratio of 30.25 and a beta of 0.56.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings data on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. On average, research analysts expect that LSI Industries Inc. will post 1.18 EPS for the current fiscal year.

LSI Industries Dividend Announcement

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

LSI Industries News Roundup

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.

Institutional Investors Weigh In On LSI Industries

Several institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its position 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 worth $28,000 after buying an additional 1,031 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of LSI Industries by 57.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock valued at $31,000 after acquiring an additional 625 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of LSI Industries during the 2nd quarter worth $31,000. Strs Ohio acquired a new stake in shares of LSI Industries during the 1st quarter worth $34,000. Finally, New York State Teachers Retirement System bought a new position in shares of LSI Industries in the fourth quarter worth $36,000. 73.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LYTS. HC Wainwright restated a “buy” rating on shares of LSI Industries in a report on Friday, August 21st. Wall Street Zen cut LSI Industries from a “buy” rating to a “hold” rating in a report 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. Morgan Stanley set a $30.00 price target on LSI Industries in a research note on Friday, August 21st. Finally, Oppenheimer decreased their price objective on LSI Industries from $30.00 to $29.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, LSI Industries presently has an average rating of “Moderate Buy” and a consensus target price 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.