LSI Industries (NASDAQ:LYTS) CFO Sells $96,897.84 in Stock

Key Points

• CFO James Galeese sold 4,778 LSI Industries shares at an average price of $20.28, totaling $96,897.84 and reducing his ownership by 2.5%. He retained 185,962 shares after the transaction.
• LSI Industries reported quarterly EPS of $0.38, beating the $0.35 consensus, while revenue of $234.62 million exceeded estimates of $222.78 million. The company also declared a $0.05 quarterly dividend, representing a 1.0% annualized yield.
• Analysts maintain a Moderate Buy consensus with an average price target of $29, despite mixed rating changes. Shares recently traded near $20.17, and institutional investors own 73.91% of the company.

LSI Industries Inc. (NASDAQ:LYTS - Get Free Report) CFO James Galeese sold 4,778 shares of LSI Industries stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $20.28, for a total value of $96,897.84. Following the sale, the chief financial officer directly owned 185,962 shares of the company's stock, valued at approximately $3,771,309.36. This trade represents a 2.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

LSI Industries Stock Down 0.5%

Shares of LYTS stock traded down $0.10 during mid-day trading on Thursday, hitting $20.17. The stock had a trading volume of 443,960 shares, compared to its average volume of 351,525. LSI Industries Inc. has a 12-month low of $17.20 and a 12-month 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. The firm's 50-day moving average is $24.29 and its two-hundred day moving average is $22.65. The firm has a market capitalization of $740.44 million, a P/E ratio of 30.10 and a beta of 0.56.

LSI Industries (NASDAQ:LYTS - Get Free Report) last announced its quarterly earnings results 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 analyst estimates of $222.78 million. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%. On average, analysts predict that LSI Industries Inc. will post 1.13 earnings per share 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. Shareholders 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 yield of 1.0%. The ex-dividend date is Monday, August 31st. LSI Industries's dividend payout ratio is presently 29.85%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LYTS shares. HC Wainwright reaffirmed a "buy" rating on shares of LSI Industries in a research report on Friday, August 21st. Morgan Stanley set a $30.00 price objective on shares of LSI Industries in a report on Friday, August 21st. Weiss Ratings downgraded shares of LSI Industries from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 18th. Oppenheimer lowered their target price 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 LSI Industries from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, LSI Industries currently has a consensus rating of "Moderate Buy" and an average target price of $29.00.

Hedge Funds Weigh In On LSI Industries

A number of large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its position in shares of LSI Industries by 3,782.7% during the second quarter. California State Teachers Retirement System now owns 1,005,548 shares of the construction company's stock valued at $26,727,000 after buying an additional 979,650 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of LSI Industries during the 2nd quarter worth approximately $31,000. AXQ Capital LP raised its stake in shares of LSI Industries by 117.7% during the 2nd quarter. AXQ Capital LP now owns 24,007 shares of the construction company's stock worth $638,000 after acquiring an additional 12,979 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in LSI Industries by 17.8% during the second 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 acquiring an additional 6,273 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in LSI Industries by 5.4% during the second quarter. Wellington Management Group LLP now owns 1,372,841 shares of the construction company's stock valued at $36,490,000 after acquiring an additional 70,033 shares during the last quarter. 73.91% of the stock is currently owned by institutional investors.

Key Headlines 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

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.

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