LSI Industries (NASDAQ:LYTS) Shares Gap Down – Here’s Why

Posted by Francis Steltz on Aug 20th, 2026

LSI Industries Inc. (NASDAQ:LYTS – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $24.06, but opened at $22.74. LSI Industries shares last traded at $22.0450, with a volume of 54,991 shares trading hands.

Analyst Ratings Changes

LYTS has been the subject of a number of recent research reports. Wall Street Zen lowered LSI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings lowered shares of LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Finally, Oppenheimer assumed coverage on shares of LSI Industries in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $30.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, LSI Industries presently has a consensus rating of “Moderate Buy” and an average price target of $28.75.

View Our Latest Stock Report on LYTS

LSI Industries Stock Performance

The firm’s 50-day moving average price is $24.80 and its 200 day moving average price is $22.72. The company has a market cap of $804.68 million, a price-to-earnings ratio of 29.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48.

Insider Activity at LSI Industries

In other LSI Industries news, EVP Thomas A. Caneris sold 109,226 shares of LSI Industries stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $24.29, for a total value of $2,653,099.54. Following the transaction, the executive vice president owned 64,790 shares of the company’s stock, valued at approximately $1,573,749.10. The trade was a 62.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Wilfred T. Ogara sold 10,369 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $24.09, for a total value of $249,789.21. Following the transaction, the director owned 103,686 shares of the company’s stock, valued at approximately $2,497,795.74. This trade represents a 9.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 256,173 shares of company stock worth $6,220,368. 7.30% of the stock is owned by company insiders.

Institutional Trading of LSI Industries

A number of large investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in LSI Industries by 17.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,610 shares of the construction company’s stock worth $1,106,000 after buying an additional 6,273 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of LSI Industries by 5.4% in the second quarter. Wellington Management Group LLP now owns 1,372,841 shares of the construction company’s stock valued at $36,490,000 after buying an additional 70,033 shares during the last quarter. PenderFund Capital Management Ltd. bought a new position in shares of LSI Industries during the 2nd quarter worth approximately $41,000. Punch & Associates Investment Management Inc. acquired a new position in shares of LSI Industries during the 2nd quarter worth approximately $4,454,000. Finally, Bank of America Corp DE acquired a new position in shares of LSI Industries during the 2nd quarter worth approximately $1,301,000. Institutional investors and hedge funds own 73.91% of the company’s stock.

LSI Industries Company Profile

(Get Free Report)

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.