LSI Industries (NASDAQ:LYTS) CFO James Galeese Sells 4,778 Shares

LSI Industries Inc. (NASDAQ:LYTS) CFO James Galeese sold 4,778 shares of the company’s 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 owned 185,962 shares of the company’s stock, valued at approximately $3,771,309.36. The trade was a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

LSI Industries Stock Performance

LYTS opened at $20.17 on Friday. 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. The firm has a market cap of $740.48 million, a P/E ratio of 30.10 and a beta of 0.56. The business’s fifty day moving average is $24.17 and its 200-day moving average is $22.63.

LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, beating 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 business had revenue of $234.62 million during the quarter, compared to the consensus estimate of $222.78 million. Sell-side analysts expect that LSI Industries Inc. will post 0.82 EPS for the current fiscal year.

LSI Industries Dividend Announcement

The company 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 $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. LSI Industries’s dividend payout ratio (DPR) is currently 29.85%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in LYTS. AQR Capital Management LLC boosted its stake in shares of LSI Industries by 26.7% in the 1st quarter. AQR Capital Management LLC now owns 61,107 shares of the construction company’s stock valued at $1,039,000 after purchasing an additional 12,876 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in LSI Industries by 6.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,165 shares of the construction company’s stock worth $292,000 after purchasing an additional 1,113 shares in the last quarter. Jane Street Group LLC bought a new position in LSI Industries in the 1st quarter valued at approximately $560,000. Strs Ohio bought a new position in LSI Industries in the 1st quarter valued at approximately $34,000. Finally, Quantbot Technologies LP lifted its stake in LSI Industries by 133.3% in the 2nd quarter. Quantbot Technologies LP now owns 5,611 shares of the construction company’s stock valued at $95,000 after purchasing an additional 3,206 shares during the last quarter. Institutional investors own 73.91% of the company’s stock.

More LSI Industries News

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.

Analyst Upgrades and Downgrades

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

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.