LSI Industries Inc. (NASDAQ:LYTS) VP James E. Galeese bought 7,641 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was bought at an average price of $6.54 per share, for a total transaction of $49,972.14. Following the transaction, the vice president now directly owns 2,379 shares of the company’s stock, valued at $15,558.66. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Shares of LSI Industries Inc. (LYTS) remained flat at $$6.58 during trading hours on Friday. The company’s stock had a trading volume of 70,900 shares, compared to its average volume of 95,251. The company has a market cap of $169.71, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 1.32 and a beta of 1.68. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.64 and a quick ratio of 1.45. LSI Industries Inc. has a twelve month low of $4.99 and a twelve month high of $10.68.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings results on Thursday, October 26th. The construction company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The company had revenue of $87.47 million for the quarter, compared to analyst estimates of $82.45 million. LSI Industries had a negative net margin of 4.02% and a positive return on equity of 3.27%. LSI Industries’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.06 earnings per share. equities research analysts anticipate that LSI Industries Inc. will post 0.2 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Monday, November 6th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.04%. LSI Industries’s dividend payout ratio (DPR) is presently -38.46%.

A number of brokerages have recently commented on LYTS. Zacks Investment Research upgraded shares of LSI Industries from a “sell” rating to a “buy” rating and set a $7.75 price target on the stock in a report on Wednesday, October 4th. Roth Capital set a $6.00 price target on shares of LSI Industries and gave the stock a “hold” rating in a report on Friday, October 6th. TheStreet lowered shares of LSI Industries from a “b-” rating to a “c+” rating in a report on Thursday, August 10th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $9.00 price target on shares of LSI Industries in a report on Thursday, October 26th.

Several large investors have recently modified their holdings of LYTS. Vanguard Group Inc. lifted its holdings in LSI Industries by 3.5% in the first quarter. Vanguard Group Inc. now owns 945,777 shares of the construction company’s stock valued at $9,543,000 after buying an additional 32,383 shares during the period. Geode Capital Management LLC lifted its holdings in LSI Industries by 1.9% in the first quarter. Geode Capital Management LLC now owns 190,663 shares of the construction company’s stock valued at $1,922,000 after buying an additional 3,593 shares during the period. Systematic Financial Management LP acquired a new position in LSI Industries in the second quarter valued at $5,914,000. Dimensional Fund Advisors LP lifted its holdings in LSI Industries by 3.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,827,862 shares of the construction company’s stock valued at $16,542,000 after buying an additional 55,073 shares during the period. Finally, WealthTrust Axiom LLC lifted its holdings in LSI Industries by 3.9% in the third quarter. WealthTrust Axiom LLC now owns 763,751 shares of the construction company’s stock valued at $5,048,000 after buying an additional 28,484 shares during the period. Institutional investors own 73.18% of the company’s stock.

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LSI Industries Company Profile

LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.

Insider Buying and Selling by Quarter for LSI Industries (NASDAQ:LYTS)

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