LSI Industries (NASDAQ:LYTS) CEO James Anthony Clark Sells 23,706 Shares of Stock

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 23,706 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $20.09, for a total value of $476,253.54. Following the completion of the sale, the chief executive officer owned 609,641 shares of the company’s stock, valued at $12,247,687.69. This represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, August 24th, James Anthony Clark sold 23,340 shares of LSI Industries stock. The shares were sold at an average price of $19.78, for a total transaction of $461,665.20.

LSI Industries Stock Down 1.8%

Shares of NASDAQ:LYTS opened at $20.27 on Thursday. LSI Industries Inc. has a 52 week low of $17.20 and a 52 week high of $27.36. The company has a market capitalization of $744.11 million, a PE ratio of 30.25 and a beta of 0.56. 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 company has a 50 day moving average price of $24.29 and a two-hundred day moving average price of $22.65.

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 analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The business had revenue of $234.62 million during the quarter, compared to analysts’ expectations of $222.78 million. Analysts forecast that LSI Industries Inc. will post 1.13 earnings per share for the current year.

LSI Industries Dividend Announcement

The firm 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. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, August 31st. LSI Industries’s payout ratio is 29.85%.

Key LSI Industries News

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

• Positive Sentiment: Analysts remain optimistic about long-term earnings growth. HC Wainwright reiterated its “Buy” rating and raised its EPS forecasts for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively. It projects fiscal 2031 EPS of $3.16, compared with the current-year consensus of $1.18.
• Positive Sentiment: Recent financial results exceeded expectations. LSI Industries reported quarterly EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million topped estimates of $222.78 million. The company also declared a quarterly dividend of $0.05, equivalent to a 1.0% annualized yield.
• Positive Sentiment: Director buying provides a modest confidence signal. Director Ernest Marshall Jr. purchased 2,000 shares for approximately $39,460, increasing his holdings by 7.51%.
• Neutral Sentiment: Investor attention is also focused on the company’s earnings call. LSI Industries characterized the period as a “transformational year,” but the available headline does not provide additional operating details. LSI Industries Earnings Call Highlights Transformational Year
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark sold 47,046 shares for approximately $937,919 across August 24–25. CFO James E. Galeese sold 16,410 shares worth about $327,153, and EVP Thomas A. Caneris sold 11,034 shares worth roughly $219,976. Although each executive retains a sizable position, the coordinated sales may undermine investor confidence and are the clearest near-term negative catalyst.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On LSI Industries

Large investors have recently made changes to their positions in the company. California State Teachers Retirement System lifted its holdings 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 purchasing an additional 979,650 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in LSI Industries in the 2nd quarter valued at $31,000. AXQ Capital LP grew its holdings in LSI Industries by 117.7% in the 2nd quarter. AXQ Capital LP now owns 24,007 shares of the construction company’s stock valued at $638,000 after buying an additional 12,979 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in LSI Industries by 17.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,610 shares of the construction company’s stock valued at $1,106,000 after buying an additional 6,273 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in LSI Industries by 5.4% during the 2nd quarter. Wellington Management Group LLP now owns 1,372,841 shares of the construction company’s stock worth $36,490,000 after buying an additional 70,033 shares during the period. Institutional investors 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.