Insider Selling: Lsb Industries (NYSE:LXU) CFO Sells $15,500.00 in Stock

Lsb Industries Inc. (NYSE:LXU) CFO Cheryl Maguire sold 1,550 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $10.00, for a total transaction of $15,500.00. Following the sale, the chief financial officer owned 199,169 shares of the company’s stock, valued at $1,991,690. This trade represents a 0.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, January 14th, Cheryl Maguire sold 7,551 shares of Lsb Industries stock. The shares were sold at an average price of $10.00, for a total value of $75,510.00.

Lsb Industries Price Performance

Shares of NYSE LXU opened at $9.60 on Monday. The firm has a market cap of $690.62 million, a P/E ratio of -960.00 and a beta of 0.75. The business’s 50 day moving average is $8.99 and its 200-day moving average is $8.54. The company has a current ratio of 2.84, a quick ratio of 2.63 and a debt-to-equity ratio of 0.89. Lsb Industries Inc. has a 1-year low of $4.88 and a 1-year high of $10.04.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.03. The business had revenue of $155.43 million during the quarter, compared to the consensus estimate of $138.30 million. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%. Equities research analysts predict that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LXU. Wedge Capital Management L L P NC raised its stake in Lsb Industries by 6.0% during the fourth quarter. Wedge Capital Management L L P NC now owns 136,834 shares of the conglomerate’s stock worth $1,163,000 after acquiring an additional 7,794 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Lsb Industries by 114.4% during the 4th quarter. SG Americas Securities LLC now owns 39,076 shares of the conglomerate’s stock valued at $332,000 after purchasing an additional 20,853 shares during the last quarter. JPMorgan Chase & Co. increased its position in Lsb Industries by 104.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate’s stock worth $2,881,000 after purchasing an additional 187,108 shares in the last quarter. PharVision Advisers LLC bought a new position in Lsb Industries in the 3rd quarter valued at approximately $573,000. Finally, Verition Fund Management LLC lifted its stake in Lsb Industries by 17.3% in the 3rd quarter. Verition Fund Management LLC now owns 55,298 shares of the conglomerate’s stock valued at $436,000 after purchasing an additional 8,136 shares during the last quarter. Institutional investors own 73.67% of the company’s stock.

Lsb Industries News Summary

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

Analysts Set New Price Targets

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