LSI Industries (NASDAQ:LYTS) CFO Sells 8,269 Shares of Stock

LSI Industries Inc. (NASDAQ:LYTS) CFO James Galeese sold 8,269 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $20.09, for a total transaction of $166,124.21. Following the completion of the transaction, the chief financial officer owned 190,740 shares of the company’s stock, valued at approximately $3,831,966.60. This trade represents a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

LSI Industries Trading Down 1.8%

LYTS traded down $0.38 during trading on Wednesday, reaching $20.27. 495,662 shares of the company’s stock were exchanged, compared to its average volume of 350,959. LSI Industries Inc. has a one year low of $17.20 and a one year high of $27.36. 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 stock has a market capitalization of $744.11 million, a PE ratio of 30.25 and a beta of 0.56. The firm has a fifty day moving average price of $24.40 and a two-hundred day moving average price of $22.66.

LSI Industries (NASDAQ:LYTS) last released its quarterly 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. The firm had revenue of $234.62 million during 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%. As a group, equities research analysts forecast that LSI Industries Inc. will post 1.18 earnings per share for the current fiscal 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 given a dividend of $0.05 per share. This represents a $0.20 annualized dividend 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%.

Key LSI Industries News

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.

Analyst Ratings Changes

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

Institutional Trading of LSI Industries

Institutional investors have recently bought and sold shares of the company. North Star Investment Management Corp. grew its position in shares of LSI Industries by 40.7% during the 1st 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 during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of LSI Industries during the 1st quarter valued at $2,107,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in LSI Industries during the second quarter worth $5,324,000. Globeflex Capital L P bought a new position in LSI Industries during the second quarter worth $5,194,000. Finally, AltraVue Capital LLC grew its holdings in LSI Industries by 8.0% in the fourth quarter. AltraVue Capital LLC now owns 1,445,833 shares of the construction company’s stock worth $26,488,000 after purchasing an additional 106,693 shares during the period. Institutional investors own 73.91% of the company’s stock.

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.