LSI Industries, Inc. (NASDAQ:LYTS) Director Gary P. Kreider sold 11,352 shares of the business’s stock in a transaction on Friday, November 9th. The shares were sold at an average price of $4.53, for a total transaction of $51,424.56. Following the sale, the director now directly owns 26,529 shares of the company’s stock, valued at approximately $120,176.37. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

LSI Industries stock traded down $0.02 during mid-day trading on Friday, hitting $4.44. The stock had a trading volume of 213,017 shares, compared to its average volume of 85,223. The company has a market capitalization of $118.81 million, a P/E ratio of 20.18, a P/E/G ratio of 0.65 and a beta of 1.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.40 and a current ratio of 2.61. LSI Industries, Inc. has a one year low of $3.98 and a one year high of $8.88.

LSI Industries (NASDAQ:LYTS) last issued its earnings results on Tuesday, November 6th. The construction company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.04). The firm had revenue of $84.96 million during the quarter, compared to the consensus estimate of $90.00 million. LSI Industries had a positive return on equity of 4.38% and a negative net margin of 0.64%. Analysts forecast that LSI Industries, Inc. will post 0.28 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 27th. Investors of record on Friday, November 16th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 4.50%. The ex-dividend date is Thursday, November 15th. LSI Industries’s dividend payout ratio is currently 90.91%.

A number of brokerages have recently issued reports on LYTS. Zacks Investment Research downgraded shares of LSI Industries from a “hold” rating to a “sell” rating in a research report on Friday. TheStreet downgraded shares of LSI Industries from a “c-” rating to a “d+” rating in a research report on Wednesday, August 15th. Finally, Roth Capital raised shares of LSI Industries from a “neutral” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Thursday, August 16th. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $10.76.

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in LSI Industries in the 2nd quarter worth $106,000. Trexquant Investment LP bought a new position in LSI Industries in the 2nd quarter worth $114,000. Tower Research Capital LLC TRC boosted its holdings in LSI Industries by 4,561.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 25,638 shares of the construction company’s stock worth $137,000 after buying an additional 25,088 shares during the period. Alambic Investment Management L.P. bought a new position in LSI Industries in the 2nd quarter worth $172,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in LSI Industries in the 2nd quarter worth $185,000. 70.06% of the stock is owned by institutional investors.

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About LSI Industries

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

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

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