Lsb Industries (NYSE:LXU) SVP Kristy Carver Sells 19,550 Shares

Lsb Industries Inc. (NYSE:LXU) SVP Kristy Carver sold 19,550 shares of Lsb Industries stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $9.99, for a total transaction of $195,304.50. Following the transaction, the senior vice president directly owned 52,613 shares in the company, valued at approximately $525,603.87. This represents a 27.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Lsb Industries Stock Performance

LXU stock opened at $9.60 on Friday. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89. The firm has a market cap of $690.62 million, a PE ratio of -960.00 and a beta of 0.75. The business has a 50 day moving average of $8.99 and a 200-day moving average of $8.53. Lsb Industries Inc. has a 12-month low of $4.88 and a 12-month high of $10.04.

Lsb Industries (NYSE:LXU) last issued its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%.The business had revenue of $155.43 million for the quarter, compared to analyst estimates of $138.30 million. As a group, sell-side analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Lsb Industries News Roundup

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

• Negative Sentiment: CFO Cheryl Maguire sold 7,551 shares at an average of $10.00 on Jan. 14 (≈ $75,510). CFO 7,551-share sale
• Negative Sentiment: CFO Cheryl Maguire sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500), reducing her position modestly. CFO 1,550-share sale
• Negative Sentiment: SVP Kristy Carver sold 19,550 shares at ~$9.99 on Jan. 14 (≈ $195,304.50), representing a large 27% reduction in her stake. SVP 19,550-share sale
• Negative Sentiment: Director Barry H. Golsen sold 15,600 shares at $10.00 on Jan. 14 (≈ $156,000), cutting his holding by ~15%. Director 15,600-share sale
• Negative Sentiment: Director Barry H. Golsen sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500). Director 1,550-share sale

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LXU shares. Royal Bank Of Canada increased their price target on shares of Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. UBS Group reiterated a “neutral” rating and issued a $9.75 target price (up from $9.50) on shares of Lsb Industries in a research note on Monday. Zacks Research upgraded shares of Lsb Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $9.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its position in shares of Lsb Industries by 7.4% in the first quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock worth $257,000 after buying an additional 2,692 shares in the last quarter. Empowered Funds LLC bought a new position in Lsb Industries in the 1st quarter worth about $697,000. Rhumbline Advisers raised its holdings in shares of Lsb Industries by 5.2% in the 1st quarter. Rhumbline Advisers now owns 88,188 shares of the conglomerate’s stock valued at $581,000 after acquiring an additional 4,334 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Lsb Industries by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 1,261,020 shares of the conglomerate’s stock valued at $9,838,000 after acquiring an additional 14,313 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Lsb Industries by 22.3% during the second quarter. JPMorgan Chase & Co. now owns 178,493 shares of the conglomerate’s stock worth $1,392,000 after purchasing an additional 32,516 shares in the last quarter. 73.67% of the stock is owned by institutional investors.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.