Key Points
- Director Barry Golsen sold 25,501 shares of LSB Industries on Feb. 10 at an average price of $10.04 for $256,030, cutting his stake by 65.58% to 13,386 shares (valued about $134,395).
- LSB shares trade around $10 (opened $10.31) near a 12‑month high of $10.41 and low of $4.88, with a market cap of ~$742M, a negative P/E (-1,031.40), ~73.7% institutional ownership, and an average analyst rating of Hold with a $10.25 target.
Lsb Industries Inc. (NYSE:LXU - Get Free Report) Director Barry Golsen sold 3,321 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $10.00, for a total transaction of $33,210.00. Following the transaction, the director directly owned 32,548 shares in the company, valued at approximately $325,480. This represents a 9.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Lsb Industries Stock Up 3.5%
Shares of NYSE LXU opened at $10.31 on Thursday. The stock has a market capitalization of $741.99 million, a PE ratio of -1,031.40 and a beta of 0.74. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average of $9.16 and a 200-day moving average of $8.69. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $10.41.
Institutional Trading of Lsb Industries
Large investors have recently bought and sold shares of the company. American Century Companies Inc. lifted its position in shares of Lsb Industries by 5.8% during the third quarter. American Century Companies Inc. now owns 1,990,812 shares of the conglomerate's stock worth $15,688,000 after purchasing an additional 109,944 shares in the last quarter. Systematic Financial Management LP lifted its holdings in Lsb Industries by 1.8% in the 2nd 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. Geode Capital Management LLC lifted its holdings in Lsb Industries by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,280,864 shares of the conglomerate's stock worth $10,890,000 after buying an additional 14,125 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in Lsb Industries by 6.0% in the 3rd quarter. Bridgeway Capital Management LLC now owns 495,270 shares of the conglomerate's stock valued at $3,903,000 after buying an additional 28,157 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Lsb Industries by 104.8% during the third quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate's stock valued at $2,881,000 after acquiring an additional 187,108 shares in the last quarter. Institutional investors and hedge funds own 73.67% of the company's stock.
Analyst Upgrades and Downgrades
LXU has been the topic of a number of research reports. Wall Street Zen upgraded Lsb Industries from a "hold" rating to a "buy" rating in a report on Saturday, November 22nd. Weiss Ratings reissued a "sell (d-)" rating on shares of Lsb Industries in a research report on Monday, December 29th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $11.00 price target (up from $10.00) on shares of Lsb Industries in a research report on Tuesday, January 20th. Zacks Research lowered shares of Lsb Industries from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 2nd. Finally, UBS Group restated a "neutral" rating and set a $9.75 target price (up previously from $9.50) on shares of Lsb Industries in a report on Monday, January 12th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $10.25.
Check Out Our Latest Report on Lsb Industries
About Lsb Industries
(
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.
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