LSB Industries, Inc. (NYSE:LXU - Get Free Report) EVP John Burns sold 33,243 shares of the business's stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $9.25, for a total value of $307,497.75. Following the transaction, the executive vice president now directly owns 131,286 shares of the company's stock, valued at approximately $1,214,395.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
John Burns also recently made the following trade(s):
- On Wednesday, March 27th, John Burns sold 33,243 shares of LSB Industries stock. The stock was sold at an average price of $8.25, for a total value of $274,254.75.
LSB Industries Price Performance
Shares of LXU opened at $8.52 on Friday. LSB Industries, Inc. has a 52-week low of $6.74 and a 52-week high of $11.69. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.45 and a current ratio of 3.64. The business's 50 day moving average price is $8.01 and its two-hundred day moving average price is $8.39. The firm has a market cap of $609.52 million, a PE ratio of 35.50 and a beta of 1.10.
LSB Industries (NYSE:LXU - Get Free Report) last issued its earnings results on Tuesday, March 5th. The conglomerate reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.13). LSB Industries had a return on equity of 2.70% and a net margin of 3.20%. The firm had revenue of $132.61 million for the quarter, compared to analyst estimates of $127.62 million. On average, equities analysts anticipate that LSB Industries, Inc. will post 0.27 EPS for the current year.
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LXU has been the topic of several recent analyst reports. Piper Sandler lowered LSB Industries from a "neutral" rating to an "underweight" rating and dropped their price target for the company from $11.50 to $8.00 in a research note on Thursday, February 29th. UBS Group dropped their price target on LSB Industries from $9.00 to $7.75 and set a "neutral" rating on the stock in a research note on Wednesday, March 6th.
Check Out Our Latest Stock Report on LSB Industries
Institutional Trading of LSB Industries
Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of LSB Industries by 7.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,477,262 shares of the conglomerate's stock valued at $35,572,000 after buying an additional 238,294 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of LSB Industries by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,525,077 shares of the conglomerate's stock worth $23,509,000 after buying an additional 18,965 shares during the last quarter. Gendell Jeffrey L boosted its position in shares of LSB Industries by 32.1% during the fourth quarter. Gendell Jeffrey L now owns 1,993,357 shares of the conglomerate's stock valued at $18,558,000 after purchasing an additional 484,535 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of LSB Industries by 14.0% during the third quarter. Victory Capital Management Inc. now owns 1,802,145 shares of the conglomerate's stock valued at $18,436,000 after purchasing an additional 221,743 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of LSB Industries by 805.0% during the fourth quarter. International Assets Investment Management LLC now owns 1,038,689 shares of the conglomerate's stock valued at $9,670,000 after purchasing an additional 923,922 shares in the last quarter. Hedge funds and other institutional investors own 73.67% of the company's stock.
About LSB Industries
(
Get Free Report)
LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.
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