In a filing, LSI Industries Inc revealed its Executive VP; CFO Galeese James E unloaded Company’s shares for reported $0.13 million on Aug 19 ’24. In the deal valued at $14.57 per share,8,824 shares were sold. As a result of this transaction, Galeese James E now holds 145,631 shares worth roughly $2.87 million.
Then, Galeese James E sold 8,097 shares, generating $115,301 in total proceeds. Upon selling the shares at $14.24, the Executive VP; CFO now owns 137,534 shares.
Before that, Caneris Thomas A sold 9,748 shares. LSI Industries Inc shares valued at $142,028 were divested by the Exec. VP, HR & General Counsel at a price of $14.57 per share. As a result of the transaction, Caneris Thomas A now holds 98,656 shares, worth roughly $1.95 million.
Craig Hallum initiated its LSI Industries Inc [LYTS] rating to a Buy in a research note published on January 09, 2023; the price target was $18. ROTH Capital revised its rating on January 22, 2021. It rated LYTS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LYTS
On Tuesday, LSI Industries Inc [NASDAQ:LYTS] saw its stock jump 4.17% to $19.72. Over the last five days, the stock has lost -1.86%. LSI Industries Inc shares have risen nearly 38.85% since the year began. Nevertheless, the stocks have risen 39.74% over the past one year. While a 52-week high of $21.19 was reached on 12/16/24, a 52-week low of $13.32 was recorded on 01/19/24. SMA at 50 days reached $18.92, while 200 days put it at $16.15.
Levels Of Support And Resistance For LYTS Stock
The 24-hour chart illustrates a support level at 19.10, which if violated will result in even more drops to 18.65. On the upside, there is a resistance level at 19.78. A further resistance level may holdings at 20.01. The Relative Strength Index (RSI) on the 14-day chart is 49.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.89%. Stochastics %K at 19.17% indicates the stock is a buying.
How much short interest is there in LSI Industries Inc?
A steep rise in short interest was recorded in LSI Industries Inc stocks on 2024-11-29, dropping by -0.15 million shares to a total of 0.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.6 million shares. There was a decline of -31.6%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 22, 2021 when H.C. Wainwright resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $14.
