Share on StockTwits

LSB Industries (NYSE:LXU) major shareholder Linda F. Rappaport unloaded 20,000 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $39.16, for a total transaction of $783,200.00. Following the sale, the insider now directly owns 30,000 shares of the company’s stock, valued at approximately $1,174,800. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Separately, analysts at Feltl & Co. initiated coverage on shares of LSB Industries in a research note on Tuesday, July 29th. They set a “buy” rating on the stock.

Shares of LSB Industries (NYSE:LXU) traded down 0.33% on Friday, hitting $38.87. The stock had a trading volume of 123,538 shares. LSB Industries has a one year low of $29.39 and a one year high of $42.41. The stock’s 50-day moving average is $39.14 and its 200-day moving average is $37.30. The company has a market cap of $878.4 million and a P/E ratio of 13.24.

LSB Industries (NYSE:LXU) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.31. The company had revenue of $201.70 million for the quarter, compared to the consensus estimate of $221.42 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that LSB Industries will post $1.86 EPS for the current fiscal year.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.