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

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 23,340 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $19.78, for a total value of $461,665.20. Following the completion of the sale, the chief executive officer owned 633,347 shares in the company, valued at approximately $12,527,603.66. This trade represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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 stock was sold at an average price of $20.09, for a total value of $476,253.54.

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. The stock has a market capitalization of $744.11 million, a P/E ratio of 30.25 and a beta of 0.56. The firm’s fifty day simple moving average is $24.40 and its 200-day simple moving average is $22.66. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48. LSI Industries Inc. has a 1-year low of $17.20 and a 1-year high of $27.36.

LSI Industries (NASDAQ:LYTS) last released 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. The firm had revenue of $234.62 million during the quarter, compared to the consensus estimate of $222.78 million. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%. As a group, analysts expect that LSI Industries Inc. will post 1.18 EPS for the current fiscal year.

LSI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors 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%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Morgan Stanley set a $30.00 price target on shares of LSI Industries in a research note on Friday, August 21st. Wall Street Zen downgraded LSI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. HC Wainwright reiterated a “buy” rating on shares of LSI Industries in a report on Friday, August 21st. Weiss Ratings cut LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Finally, Oppenheimer decreased their price target 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. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, LSI Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

Key Stories Impacting 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.

Institutional Trading of LSI Industries

A number of large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of 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 acquiring an additional 1,031 shares during the period. Rockefeller Capital Management L.P. raised its holdings 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 valued at $31,000 after purchasing an additional 625 shares during the period. Ameritas Advisory Services LLC acquired a new stake in LSI Industries in the 2nd quarter valued at about $31,000. Strs Ohio bought a new position in LSI Industries during the first quarter worth about $34,000. Finally, New York State Teachers Retirement System acquired a new position in LSI Industries during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 73.91% of the company’s stock.

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.