Insider Selling: Lsb Industries (NYSE:LXU) CFO Sells 1,550 Shares of Stock

Key Points

  • Director Barry Golsen sold 1,550 shares on Jan. 15 at $10.00 each (≈ $15,500), reducing his holding to 87,787 shares (a ~1.74% cut), with the transaction disclosed in an SEC filing.
  • Several other insiders also sold large stakes this week — including CFO Cheryl Maguire (7,551 and 1,550-share sales) and SVP Kristy Carver (19,550 shares, ~27% reduction) — indicating notable insider selling activity.
  • Shares of LXU were trading down about 3.5% (around $9.60), near a 12-month high of $10.04, with a market cap of ~$690.6M and an average analyst rating of "Moderate Buy" and price target of $9.92.

Lsb Industries Inc. (NYSE:LXU - Get Free Report) CFO Cheryl Maguire sold 1,550 shares of the firm's stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $10.00, for a total value of $15,500.00. Following the completion of the transaction, the chief financial officer owned 199,169 shares of the company's stock, valued at approximately $1,991,690. This represents a 0.77% decrease in their position. The sale was disclosed in a 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 Trading Down 3.5%

Shares of LXU stock opened at $9.60 on Friday. Lsb Industries Inc. has a twelve month low of $4.88 and a twelve month high of $10.04. The firm has a 50-day moving average price of $8.99 and a 200 day moving average price of $8.53. The company 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 current ratio of 2.84, a quick ratio of 2.63 and a debt-to-equity ratio of 0.89.

Lsb Industries (NYSE:LXU - Get Free Report) last released its earnings results on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $138.30 million. Research analysts forecast that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

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

Hedge Funds Weigh In On Lsb Industries

Several large investors have recently added to or reduced their stakes in LXU. Russell Investments Group Ltd. raised its holdings in shares of Lsb Industries by 2,900.0% during the third quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate's stock valued at $35,000 after buying an additional 4,350 shares during the last quarter. Aquatic Capital Management LLC bought a new position in Lsb Industries during the 3rd quarter valued at $42,000. Tower Research Capital LLC TRC lifted its holdings in shares of Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate's stock valued at $47,000 after buying an additional 2,856 shares during the period. Quarry LP bought a new position in Lsb Industries during the third quarter valued at about $94,000. Finally, Orion Porfolio Solutions LLC grew its holdings in Lsb Industries by 21.0% during the third quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate's stock worth $97,000 after acquiring an additional 2,148 shares during the period. 73.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on LXU. Zacks Research upgraded Lsb Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 30th. Weiss Ratings reissued a "sell (d-)" rating on shares of Lsb Industries in a research report on Monday, December 29th. Wall Street Zen raised shares of Lsb Industries from a "hold" rating to a "buy" rating in a research note on Saturday, November 22nd. Royal Bank Of Canada upped their price objective on shares of Lsb Industries from $9.00 to $10.00 and gave the company an "outperform" rating in a research report on Monday, November 10th. Finally, UBS Group reaffirmed 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. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lsb Industries currently has an average rating of "Moderate Buy" and an average price target of $9.92.

Read Our Latest Report on Lsb Industries

Lsb Industries Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Lsb Industries (NYSE:LXU)

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