James Anthony Clark Sells 13,907 Shares of LSI Industries (NASDAQ:LYTS) Stock

Key Points

• CEO James Anthony Clark sold 13,907 LSI Industries shares for approximately $282,034, reducing his ownership by 2.28% to 595,734 shares. He also sold more than 47,000 shares across transactions during the preceding days.
• LSI Industries reported better-than-expected quarterly results, with EPS of $0.38 versus the $0.35 consensus and revenue of $234.62 million versus $222.78 million expected. The company declared a quarterly dividend of $0.05 per share, representing a 1.0% annualized yield.
• Shares recently traded near $20.17, while analysts maintained a generally positive view: three rate the stock Buy and two Hold, producing a “Moderate Buy” consensus and an average price target of $29.

LSI Industries Inc. (NASDAQ:LYTS - Get Free Report) CEO James Anthony Clark sold 13,907 shares of the company's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $20.28, for a total transaction of $282,033.96. Following the transaction, the chief executive officer owned 595,734 shares in the company, valued at $12,081,485.52. The trade was a 2.28% decrease in their ownership of the stock. The sale 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 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 transaction of $476,253.54.
• On Monday, August 24th, James Anthony Clark sold 23,340 shares of LSI Industries stock. The stock was sold at an average price of $19.78, for a total transaction of $461,665.20.

LSI Industries Trading Down 0.5%

Shares of NASDAQ:LYTS traded down $0.10 during trading hours on Thursday, hitting $20.17. 443,960 shares of the company's stock traded hands, compared to its average volume of 351,525. The firm has a market capitalization of $740.44 million, a P/E ratio of 30.10 and a beta of 0.56. The business has a fifty day moving average price of $24.29 and a 200-day moving average price of $22.65. LSI Industries Inc. has a 1 year low of $17.20 and a 1 year high of $27.36. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86.

LSI Industries (NASDAQ:LYTS - Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.03. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%.The firm had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. Equities analysts expect that LSI Industries Inc. will post 1.13 earnings per share for the current year.

LSI Industries Dividend Announcement

The company also recently disclosed 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 of this dividend is Monday, August 31st. This represents a $0.20 annualized dividend and a yield of 1.0%. LSI Industries's dividend payout ratio is 29.85%.

Analyst Ratings Changes

Several research analysts recently commented on LYTS shares. Wall Street Zen lowered shares of LSI Industries from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Oppenheimer decreased their target price on LSI Industries from $30.00 to $29.00 and set an "outperform" rating on the stock in a research report on Friday, August 21st. Morgan Stanley set a $30.00 price target on LSI Industries in a report on Friday, August 21st. Weiss Ratings lowered shares of LSI Industries from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 18th. 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 company's stock. According to MarketBeat, LSI Industries presently has an average rating of "Moderate Buy" and an average target price of $29.00.

Key Stories Impacting LSI Industries

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

• Positive Sentiment: HC Wainwright retained its Buy rating and raised long-term earnings forecasts. The firm increased its EPS estimates for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively, and projects $3.16 in fiscal 2031. These forecasts suggest confidence in LSI Industries’ longer-term transformation and growth potential.
• Positive Sentiment: Recent quarterly results exceeded expectations. LSI Industries reported EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million surpassed the $222.78 million estimate. The company also declared a quarterly dividend of $0.05 per share, equal to a 1.0% annualized yield. LSI Industries financial results
• Neutral Sentiment: Management characterized the earnings call as a “transformational year.” The headline is potentially encouraging, but the available report provides limited detail about specific initiatives, financial targets or operating trends. LSI Industries Earnings Call Highlights Transformational Year
• Negative Sentiment: HC Wainwright sharply cut its fiscal 2027 EPS forecast. The estimate fell to $0.72 from $1.33, below the current full-year consensus of $1.13. Its $0.03 second-quarter forecast also points to potentially weak near-term earnings momentum, despite the continued Buy rating.
• Negative Sentiment: Several senior executives sold shares. CEO James Anthony Clark sold approximately 47,046 shares, CFO James E. Galeese sold 16,410 shares, and EVP Thomas Caneris sold 11,034 shares in transactions conducted August 24–25. Each executive retained a substantial position, but coordinated selling by top management can undermine investor confidence. LSI Industries insider selling

Institutional Investors Weigh In On LSI Industries

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of LSI Industries during the second quarter worth approximately $72,118,000. California State Teachers Retirement System lifted its position in shares of 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 valued at $26,727,000 after acquiring an additional 979,650 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in LSI Industries by 70.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 742,592 shares of the construction company's stock worth $13,604,000 after purchasing an additional 306,864 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of LSI Industries in the second quarter worth approximately $6,232,000. Finally, Juniper Investment Company LLC raised its stake in LSI Industries by 211.0% during the 4th quarter. Juniper Investment Company LLC now owns 341,504 shares of the construction company's stock valued at $6,256,000 after purchasing an additional 231,693 shares during the period. 73.91% of the stock is currently owned by hedge funds and other institutional investors.

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.

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