Insider Selling: LCI Industries (NYSE:LCII) Insider Sells 20,000 Shares of Stock

LCI Industries (NYSE:LCII) insider Ryan Richard Smith sold 20,000 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $147.81, for a total value of $2,956,200.00. Following the transaction, the insider directly owned 10,092 shares of the company’s stock, valued at approximately $1,491,698.52. The trade was a 66.46% 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.

LCI Industries Price Performance

NYSE:LCII traded down $0.65 during trading hours on Tuesday, reaching $141.25. The stock had a trading volume of 261,985 shares, compared to its average volume of 375,308. The stock has a market capitalization of $3.42 billion, a PE ratio of 18.71 and a beta of 1.32. LCI Industries has a 52 week low of $72.31 and a 52 week high of $159.66. The company has a 50 day moving average price of $138.56 and a two-hundred day moving average price of $115.17. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 2.85.

LCI Industries (NYSE:LCII) last posted its earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.20. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The firm had revenue of $932.70 million during the quarter, compared to analyst estimates of $913.04 million. During the same period last year, the firm posted $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, sell-side analysts anticipate that LCI Industries will post 6.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LCII has been the topic of several recent research reports. Robert W. Baird set a $150.00 target price on shares of LCI Industries in a research report on Thursday, February 19th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 price objective on shares of LCI Industries in a research note on Wednesday, February 18th. Roth Mkm restated a “neutral” rating and set a $164.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th. Benchmark lifted their target price on LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $156.67.

Hedge Funds Weigh In On LCI Industries

Several hedge funds have recently bought and sold shares of the business. Huntington National Bank lifted its position in shares of LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Salomon & Ludwin LLC grew its holdings in shares of LCI Industries by 1,818.2% in the fourth quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Global Retirement Partners LLC purchased a new position in LCI Industries in the 4th quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in LCI Industries during the 2nd quarter valued at about $26,000. Finally, Clearstead Advisors LLC boosted its position in LCI Industries by 36.8% in the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after buying an additional 139 shares during the period. Institutional investors own 99.71% of the company’s stock.

LCI Industries Company Profile

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.