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LSB Industries (NYSE:LXU) major shareholder Sbl, Llc unloaded 54,467 shares of the stock on the open market in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $40.81, for a total value of $2,222,798.27. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Separately, analysts at Singular Research raised their price target on shares of LSB Industries from $44.00 to $47.00 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock.

LSB Industries (NYSE:LXU) traded down 0.71% during mid-day trading on Friday, hitting $40.60. 81,956 shares of the company’s stock traded hands. LSB Industries has a 1-year low of $29.39 and a 1-year high of $42.30. The stock’s 50-day moving average is $38.06 and its 200-day moving average is $36.09. The company has a market cap of $914.9 million and a price-to-earnings ratio of 14.58.

LSB Industries (NYSE:LXU) last released its earnings data on Wednesday, May 7th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.03. The company had revenue of $178.53 million for the quarter, compared to the consensus estimate of $144.89 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Analysts expect that LSB Industries will post $2.26 EPS for the current fiscal year.

LSB Industries, Inc is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries.

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