Insider Selling: LCI Industries (NYSE:LCII) CEO Sells $1,427,600.00 in Stock

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 10,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $142.76, for a total transaction of $1,427,600.00. Following the completion of the sale, the chief executive officer directly owned 334,973 shares in the company, valued at approximately $47,820,745.48. The trade was a 2.90% 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.

Jason Lippert also recently made the following trade(s):

• On Monday, February 23rd, Jason Lippert sold 30,000 shares of LCI Industries stock. The stock was sold at an average price of $145.03, for a total transaction of $4,350,900.00.
• On Friday, February 20th, Jason Lippert sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $148.01, for a total transaction of $1,480,100.00.

LCI Industries Trading Down 0.4%

Shares of LCII opened at $135.69 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14. LCI Industries has a 1-year low of $72.31 and a 1-year high of $159.66. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 17.97 and a beta of 1.32. The firm has a 50 day simple moving average of $139.54 and a 200-day simple moving average of $115.78.

LCI Industries (NYSE:LCII) last announced its earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.20. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $913.04 million. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.During the same quarter in the prior year, the firm earned $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Equities analysts forecast that LCI Industries will post 6.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on LCII shares. Weiss Ratings reissued a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. Loop Capital reissued a “hold” rating and issued a $149.00 price objective on shares of LCI Industries in a research report on Thursday, January 22nd. Roth Mkm restated a “neutral” rating and set a $164.00 target price on shares of LCI Industries in a research report on Thursday, February 19th. Robert W. Baird set a $150.00 target price on shares of LCI Industries in a research note on Thursday, February 19th. Finally, Zacks Research raised LCI Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $156.67.

Hedge Funds Weigh In On LCI Industries

A number of hedge funds have recently made changes to their positions in LCII. Huntington National Bank lifted its holdings in shares of LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after acquiring an additional 91 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of LCI Industries during the second quarter worth about $26,000. Salomon & Ludwin LLC grew its stake 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 valued at $26,000 after buying an additional 200 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of LCI Industries in the fourth quarter valued at about $30,000. Finally, Financial Consulate Inc. purchased a new stake in shares of LCI Industries during the 3rd quarter valued at about $56,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

About LCI Industries

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.