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

LSI Industries Inc. (NASDAQ:LYTS) CEO James Anthony Clark sold 23,706 shares of the business’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 in the company, valued at approximately $12,247,687.69. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, August 26th, James Anthony Clark sold 13,907 shares of LSI Industries stock. The stock was sold at an average price of $20.28, for a total value of $282,033.96.
• 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 value of $461,665.20.

LSI Industries Trading Down 0.5%

NASDAQ LYTS opened at $20.17 on Friday. The stock has a market capitalization of $740.48 million, a price-to-earnings ratio of 30.10 and a beta of 0.56. The stock’s 50 day moving average price is $24.17 and its two-hundred day moving average price is $22.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48. LSI Industries Inc. has a 52 week low of $17.20 and a 52 week high of $27.36.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $222.78 million. As a group, analysts anticipate that LSI Industries Inc. will post 0.82 earnings per share for the current fiscal year.

LSI Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 31st will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, August 31st. LSI Industries’s payout ratio is presently 29.85%.

Hedge Funds Weigh In On LSI Industries

Several large investors have recently modified their holdings of the stock. North Star Investment Management Corp. boosted its holdings in shares of LSI Industries by 40.7% during the 1st quarter. North Star Investment Management Corp. now owns 276,463 shares of the construction company’s stock worth $5,142,000 after buying an additional 80,000 shares during the period. Allspring Global Investments Holdings LLC bought a new position in LSI Industries in the 1st quarter valued at about $2,107,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in LSI Industries during the second quarter worth approximately $5,324,000. Globeflex Capital L P acquired a new stake in LSI Industries during the second quarter worth approximately $5,194,000. Finally, AltraVue Capital LLC boosted its holdings in shares of LSI Industries by 8.0% during the fourth quarter. AltraVue Capital LLC now owns 1,445,833 shares of the construction company’s stock worth $26,488,000 after acquiring an additional 106,693 shares during the period. 73.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

LSI Industries News Roundup

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

• Positive Sentiment: Fourth-quarter results exceeded expectations. Fiscal fourth-quarter sales rose 51% year over year to $234.6 million, helped by the Royston acquisition, while adjusted diluted EPS increased to $0.38 from $0.34 and topped the $0.35 consensus estimate. LSI Industries Fourth-Quarter Results
• Positive Sentiment: Longer-term analyst projections remain favorable. 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, while projecting $3.16 for fiscal 2031. The company also declared a quarterly dividend of $0.05 per share, or $0.20 annualized.
• Neutral Sentiment: Management characterized the period as transformational. The earnings call emphasized LSI Industries’ ongoing transformation, but investors appear focused on whether the reported sales growth can continue as acquisition benefits fade. LSI Industries Earnings Call Highlights
• Negative Sentiment: Near-term earnings expectations were cut sharply. HC Wainwright reduced its fiscal 2027 EPS estimate to $0.72 from $1.33 and expects only $0.03 EPS in the second quarter. Although the firm maintained its Buy rating, the reduction signals weaker near-term momentum and is below the current full-year consensus estimate of $1.13.
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark, CFO James E. Galeese and EVP Thomas A. Caneris collectively sold tens of thousands of shares in transactions from August 24–26, worth roughly $1.5 million. Each retained a substantial position, but the cluster of sales may undermine investor confidence.

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.