Insider Buying: LSI Industries (NASDAQ:LYTS) Director Acquires $39,460.00 in Stock

LSI Industries Inc. (NASDAQ:LYTS) Director Ernest Marshall, Jr. bought 2,000 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were bought at an average price of $19.73 per share, with a total value of $39,460.00. Following the completion of the transaction, the director directly owned 28,643 shares in the company, valued at approximately $565,126.39. This trade represents a 7.51% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

LSI Industries Stock Down 1.8%

LSI Industries stock opened at $20.27 on Thursday. The firm has a market capitalization of $744.11 million, a price-to-earnings ratio of 30.25 and a beta of 0.56. The company’s 50 day simple moving average is $24.29 and its 200 day simple moving average is $22.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86. LSI Industries Inc. has a fifty-two week low of $17.20 and a fifty-two week high of $27.36.

LSI Industries (NASDAQ:LYTS) last announced 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 net margin of 3.28% and a return on equity of 8.04%. The company had revenue of $234.62 million for the quarter, compared to analysts’ expectations of $222.78 million. As a group, sell-side analysts anticipate that LSI Industries Inc. will post 1.13 EPS for the current year.

LSI Industries Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. LSI Industries’s payout ratio is presently 29.85%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LYTS. Oppenheimer cut their price objective on LSI Industries from $30.00 to $29.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. HC Wainwright restated a “buy” rating on shares of LSI Industries in a report on Friday, August 21st. Wall Street Zen lowered shares of LSI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Morgan Stanley set a $30.00 price objective on shares of LSI Industries in a research report on Friday, August 21st. Finally, Weiss Ratings lowered shares of LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, LSI Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

LSI Industries News Roundup

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

• Positive Sentiment: Analysts remain optimistic about long-term earnings growth. 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. It projects fiscal 2031 EPS of $3.16, compared with the current-year consensus of $1.18.
• Positive Sentiment: Recent financial results exceeded expectations. LSI Industries reported quarterly EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million topped estimates of $222.78 million. The company also declared a quarterly dividend of $0.05, equivalent to a 1.0% annualized yield.
• Positive Sentiment: Director buying provides a modest confidence signal. Director Ernest Marshall Jr. purchased 2,000 shares for approximately $39,460, increasing his holdings by 7.51%.
• Neutral Sentiment: Investor attention is also focused on the company’s earnings call. LSI Industries characterized the period as a “transformational year,” but the available headline does not provide additional operating details. LSI Industries Earnings Call Highlights Transformational Year
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark sold 47,046 shares for approximately $937,919 across August 24–25. CFO James E. Galeese sold 16,410 shares worth about $327,153, and EVP Thomas A. Caneris sold 11,034 shares worth roughly $219,976. Although each executive retains a sizable position, the coordinated sales may undermine investor confidence and are the clearest near-term negative catalyst.

Hedge Funds Weigh In On LSI Industries

Several hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in LSI Industries during the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of LSI Industries during the 2nd quarter worth approximately $41,000. PenderFund Capital Management Ltd. acquired a new position in shares of LSI Industries during the 2nd quarter worth approximately $41,000. Rockefeller Capital Management L.P. raised its stake in shares of LSI Industries by 57.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock worth $31,000 after purchasing an additional 625 shares in the last quarter. Finally, New York State Teachers Retirement System bought a new stake in shares of LSI Industries during the 4th quarter worth approximately $36,000. Institutional investors own 73.91% of the company’s stock.

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.