Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. LSI Industries Inc shares valued at $128,566 were sold by Galeese James E on Aug 19 ’24. At $14.57 per share, Galeese James E sold 8,824 shares. The insider’s holdings dropped to 145,631 shares worth approximately $2.95 million following the completion of this transaction.
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Also, Galeese James E sold 8,097 shares, netting a total of over 115,301 in proceeds. Following the sale of shares at $14.24 each, the insider now holds 137,534 shares.
Before that, Caneris Thomas A had sold 9,748 shares from its account. In a trade valued at $142,028, the Exec. VP, HR & General Counsel traded LSI Industries Inc shares for $14.57 each. Upon closing the transaction, the insider’s holdings decreased to 9,748 shares, worth approximately $2.0 million.
As published in their initiating research note from Craig Hallum on January 09, 2023, LSI Industries Inc [LYTS] has been a Buy and the price target has been revised to $18. Earlier on January 22, 2021, ROTH Capital upgraded its rating. Their new recommendation was “a Buy” for LYTS stock which previously was a “a Neutral”.
Analyzing LYTS Stock Performance
During the last five days, there has been a surge of approximately 1.30%. Over the course of the year, LSI Industries Inc shares have jumped approximately 44.03%. Shares of the company reached a 52-week high of $21.17 on 11/12/24 and a 52-week low of $13.32 on 01/19/24. A 50-day SMA is recorded $17.56, while a 200-day SMA reached $15.65. Nevertheless, trading volume fell to 57044.0 shares from 0.14 million shares the previous day.
Support And Resistance Levels for LSI Industries Inc (LYTS)
According to the 24-hour chart, there is a support level at 20.08, which, if violated, would cause prices to drop to 19.87. In the upper region, resistance lies at 20.65. The next price resistance is at 21.01. RSI (Relative Strength Index) is 66.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 46.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of LSI Industries Inc (LYTS)?
On January 22, 2021, H.C. Wainwright assigned a price target of “a Buy” to the stock and reiterated coverage with a $14.