<div id="readability-page-1"><p>First Eagle Investment Management LLC lowered its position in shares of  LSI Industries Inc. (NASDAQ:LYTS - Free Report) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 309,922 shares of the construction company's stock after selling 22,000 shares during the quarter. First Eagle Investment Management LLC owned 1.04% of LSI Industries worth $5,272,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>LSI Industries</strong> alerts:</span></p></div><p>Several other large investors also recently made changes to their positions in the stock. Strs Ohio acquired a new stake in shares of  LSI Industries in the first quarter valued at approximately $34,000.  Coppell Advisory Solutions LLC increased its position in  LSI Industries by 80,200.0% during the 1st quarter. Coppell Advisory Solutions LLC now owns 5,621 shares of the construction company's stock worth $96,000 after purchasing an additional 5,614 shares in the last quarter.  Ascent Group LLC acquired a new position in  LSI Industries in the 1st quarter worth about $189,000.  State of Wyoming acquired a new position in  LSI Industries in the 1st quarter valued at approximately $244,000.  Finally, Corton Capital Inc. acquired a new stake in shares of  LSI Industries in the second quarter valued at about $253,000. Institutional investors and hedge funds own  73.91% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research firms have recently weighed in on LYTS. Canaccord Genuity Group lifted their price objective on LSI Industries from $22.00 to $25.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, August 25th. Craig Hallum  reissued a &#34;buy&#34; rating and issued a $28.00 price target on shares of LSI Industries in a report on Friday, August 22nd. Wall Street Zen raised LSI Industries from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Sunday, August 24th. Weiss Ratings upgraded LSI Industries from a &#34;hold (c+)&#34; rating to a &#34;buy (b-)&#34; rating in a research note on Saturday, October 25th. Finally, Zacks Research upgraded LSI Industries from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 4th. Four research analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the company. According to MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and an average target price of $27.67.</p><p><b>Get Our Latest Research Report on LYTS</b></p><h2>Insider Buying and Selling at LSI Industries</h2><p>In other news, CEO James Anthony Clark sold 26,597 shares of the firm's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $23.08, for a total transaction of $613,858.76. Following the sale, the chief executive officer owned 421,313 shares of the company's stock, valued at $9,723,904.04. This trade represents a 5.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Thomas A. Caneris sold 7,544 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $23.08, for a total value of $174,115.52. Following the completion of the transaction, the vice president owned 114,016 shares in the company, valued at approximately $2,631,489.28. This trade represents a 6.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 94,780 shares of company stock worth $2,198,983. Company insiders own  7.30% of the company's stock. </p><h2>LSI Industries Stock Down 5.9%</h2><p>LYTS stock opened at $19.44 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.17 and a current ratio of 1.99. The business's 50 day moving average price is $22.88 and its two-hundred day moving average price is $19.32. The company has a market capitalization of $594.24 million, a price-to-earnings ratio of 24.61 and a beta of 0.25. LSI Industries Inc. has a fifty-two week low of $13.77 and a fifty-two week high of $25.50. </p><p>LSI Industries (NASDAQ:LYTS - Get Free Report) last posted its quarterly earnings data on Friday, September 9th. The construction company reported $0.12 EPS for the quarter. The business had revenue of $97.02 million for the quarter. LSI Industries had a net margin of 4.25% and a return on equity of 11.07%.  As a group, analysts forecast that  LSI Industries Inc. will post 0.7 earnings per share for the current fiscal year. </p><h2>LSI Industries Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Monday, November 17th will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.20 annualized dividend and a yield of 1.0%. LSI Industries's dividend payout ratio  is 25.00%. </p><h2>LSI Industries Company Profile</h2> (Free Report)<p>LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than LSI Industries</li><li>What is Put Option Volume?</li><li>Rivian’s Chart Says Go, But Some Analysts Still Say No</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>e.l.f. Sell-Off Is a Good Time to Buy, According to Analysts</li><li>3 Fintech Stocks With Good 2021 Prospects</li><li>T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFlUUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFlUUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in LSI Industries Right Now?</h2><p>Before you consider LSI Industries, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LSI Industries wasn't on the list.</p><p>While LSI Industries currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LYTS

<p>First Eagle Investment Management LLC reduced its stake in LSI Industries Inc. (NASDAQ:LYTS) by 6.6%, selling 22,000 shares in Q2, now holding 309,922 shares valued at $5.27 million. Other investors also adjusted their positions. Analysts have a "Moderate Buy" rating on LYTS, with price targets ranging from $25 to $28. LSI Industries' stock is down 5.9%, trading at $19.44, with a market cap of $594.24 million and a P/E ratio of 24.61. The company reported $0.12 EPS and $97.02 million in revenue for the last quarter.</p>

First Eagle Investment Management LLC Sells 22,000 Shares of LSI Industries Inc. $LYTS