LCI Industries (NYSE:LCII) CEO Jason Lippert Sells 10,000 Shares
by Scott Moore · The Cerbat GemLCI Industries (NYSE:LCII – Get Free Report) CEO Jason Lippert sold 10,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $142.76, for a total transaction of $1,427,600.00. Following the completion of the transaction, the chief executive officer owned 334,973 shares of the company’s stock, valued at approximately $47,820,745.48. This trade represents a 2.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Jason Lippert also recently made the following trade(s):
- On Monday, February 23rd, Jason Lippert sold 30,000 shares of LCI Industries stock. The shares were sold at an average price of $145.03, for a total transaction of $4,350,900.00.
- On Friday, February 20th, Jason Lippert sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $148.01, for a total transaction of $1,480,100.00.
LCI Industries Price Performance
Shares of NYSE LCII traded down $0.65 during trading on Tuesday, hitting $141.25. The company had a trading volume of 261,985 shares, compared to its average volume of 375,308. LCI Industries has a fifty-two week low of $72.31 and a fifty-two week high of $159.66. The company has a quick ratio of 1.14, a current ratio of 2.85 and a debt-to-equity ratio of 0.69. The stock has a fifty day simple moving average of $138.56 and a two-hundred day simple moving average of $115.17. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 18.71 and a beta of 1.32.
LCI Industries (NYSE:LCII – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The company had revenue of $932.70 million during the quarter, compared to analyst estimates of $913.04 million. During the same period in the previous year, the business earned $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, research analysts expect that LCI Industries will post 6.76 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on LCII shares. Wall Street Zen upgraded shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Robert W. Baird set a $150.00 price objective on LCI Industries in a research note on Thursday, February 19th. Loop Capital reiterated a “hold” rating and issued a $149.00 price objective on shares of LCI Industries in a report on Thursday, January 22nd. Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, BMO Capital Markets reissued a “market perform” rating and set a $155.00 price target on shares of LCI Industries in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, LCI Industries currently has an average rating of “Hold” and a consensus price target of $156.67.
View Our Latest Research Report on LCI Industries
Institutional Investors Weigh In On LCI Industries
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Teacher Retirement System of Texas boosted its position in shares of LCI Industries by 25.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,883 shares of the company’s stock valued at $1,084,000 after purchasing an additional 2,380 shares during the period. New York State Common Retirement Fund grew its position in shares of LCI Industries by 563.9% during the third quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock worth $4,829,000 after acquiring an additional 44,037 shares during the last quarter. Boston Partners increased its holdings in shares of LCI Industries by 33.2% in the 2nd quarter. Boston Partners now owns 320,186 shares of the company’s stock valued at $29,399,000 after acquiring an additional 79,847 shares during the period. Timucuan Asset Management Inc. FL increased its holdings in shares of LCI Industries by 226.5% in the 2nd quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock valued at $3,221,000 after acquiring an additional 24,500 shares during the period. Finally, Campbell & CO Investment Adviser LLC raised its position in LCI Industries by 424.5% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock valued at $4,417,000 after purchasing an additional 38,381 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.
LCI Industries Company Profile
LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.
The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.