Barry Golsen Sells 15,600 Shares of Lsb Industries (NYSE:LXU) Stock

Lsb Industries Inc. (NYSE:LXU) Director Barry Golsen sold 15,600 shares of Lsb Industries stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total transaction of $156,000.00. Following the sale, the director directly owned 88,173 shares in the company, valued at approximately $881,730. This trade represents a 15.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Lsb Industries Price Performance

Shares of NYSE LXU opened at $9.60 on Friday. The firm has a 50-day simple moving average of $8.99 and a 200-day simple moving average of $8.53. The stock has a market capitalization of $690.62 million, a price-to-earnings ratio of -960.00 and a beta of 0.75. 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 Inc. has a 52 week low of $4.88 and a 52 week high of $10.04.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share 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 firm had revenue of $155.43 million for the quarter, compared to analyst estimates of $138.30 million. On average, equities analysts predict that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Lsb Industries News Roundup

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 Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LXU. American Century Companies Inc. grew its stake in shares of Lsb Industries by 5.9% in the second quarter. American Century Companies Inc. now owns 1,880,868 shares of the conglomerate’s stock worth $14,671,000 after acquiring an additional 104,355 shares in the last quarter. Brandywine Global Investment Management LLC acquired a new position in Lsb Industries during the 2nd quarter worth $2,412,000. Rhumbline Advisers increased its holdings in Lsb Industries by 5.2% during the 1st quarter. Rhumbline Advisers now owns 88,188 shares of the conglomerate’s stock worth $581,000 after purchasing an additional 4,334 shares during the period. JB Capital Partners LP acquired a new position in shares of Lsb Industries during the second quarter worth about $529,000. Finally, Systematic Financial Management LP grew its position in shares of Lsb Industries by 1.8% during the second quarter. Systematic Financial Management LP now owns 1,817,498 shares of the conglomerate’s stock worth $14,176,000 after buying an additional 32,373 shares in the last quarter. 73.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LXU has been the subject of a number of recent research reports. Royal Bank Of Canada raised their target price on Lsb Industries from $9.00 to $10.00 and gave the stock an “outperform” rating in a research note on Monday, November 10th. Zacks Research raised shares of Lsb Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. UBS Group reiterated a “neutral” rating and issued a $9.75 target price (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 research note on Saturday, November 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lsb Industries in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $9.92.

About Lsb Industries

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.