Cheryl Maguire Sells 7,551 Shares of Lsb Industries (NYSE:LXU) Stock

Lsb Industries Inc. (NYSE:LXU) CFO Cheryl Maguire sold 7,551 shares of Lsb Industries stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total value of $75,510.00. Following the sale, the chief financial officer directly owned 200,719 shares of the company’s stock, valued at approximately $2,007,190. This represents a 3.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Cheryl Maguire also recently made the following trade(s):

• On Thursday, January 15th, Cheryl Maguire sold 1,550 shares of Lsb Industries stock. The stock was sold at an average price of $10.00, for a total value of $15,500.00.

Lsb Industries Trading Down 3.5%

Lsb Industries stock opened at $9.60 on Friday. The stock has a 50-day moving average price of $8.99 and a 200 day moving average price of $8.53. The company has a market capitalization of $690.62 million, a price-to-earnings ratio of -960.00 and a beta of 0.75. Lsb Industries Inc. has a 52 week low of $4.88 and a 52 week high of $10.04. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. The company had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. Sell-side analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current year.

Key Stories Impacting Lsb Industries

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

• Negative Sentiment: CFO Cheryl Maguire sold 7,551 shares at an average of $10.00 on Jan. 14 (≈ $75,510). CFO 7,551-share sale
• Negative Sentiment: CFO Cheryl Maguire sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500), reducing her position modestly. CFO 1,550-share sale
• Negative Sentiment: SVP Kristy Carver sold 19,550 shares at ~$9.99 on Jan. 14 (≈ $195,304.50), representing a large 27% reduction in her stake. SVP 19,550-share sale
• Negative Sentiment: Director Barry H. Golsen sold 15,600 shares at $10.00 on Jan. 14 (≈ $156,000), cutting his holding by ~15%. Director 15,600-share sale
• Negative Sentiment: Director Barry H. Golsen sold an additional 1,550 shares at $10.00 on Jan. 15 (≈ $15,500). Director 1,550-share sale

Institutional Trading of Lsb Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. lifted its stake in Lsb Industries by 2,900.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after buying an additional 4,350 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Lsb Industries during the third quarter valued at approximately $42,000. Tower Research Capital LLC TRC lifted its position in shares of Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock valued at $47,000 after acquiring an additional 2,856 shares in the last quarter. Quarry LP acquired a new stake in shares of Lsb Industries in the third quarter worth approximately $94,000. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of Lsb Industries by 21.0% in the third quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock worth $97,000 after acquiring an additional 2,148 shares during the last quarter. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on LXU shares. UBS Group reissued a “neutral” rating and issued a $9.75 price target (up from $9.50) on shares of Lsb Industries in a report on Monday, January 12th. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Royal Bank Of Canada lifted their price objective on shares of Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a report on Monday, November 10th. Zacks Research upgraded shares of Lsb Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lsb Industries in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.92.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.