LSI INDUSTRIES INC
LYTS · Electric Lighting & Wiring Equipment · 36.7M shares · +3%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$4M (gross $107K, SBC $4M)
Reference price $24.09 · est. market cap ~$884M — last insider sale, 2026-06-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Lighting and retail-display maker posted strong acquisition-fueled growth and a big earnings rebound, with above-average returns but thin margins.
Strengths
- Revenue growth 97.7th pct and net-income growth 94.7th pct; ROA 81st pct and positive FCF ($34.7M)
- Operating margin 63rd pct with solid interest coverage (11.4x, 85th)
Risks
- Gross margin only 25th pct and cash 14th pct; growth heavily driven by EMI/CBH acquisitions
- Sales concentrated in cyclical refueling/c-store and grocery verticals
Notable findings
- Insider sellingInsider selling — 7 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$6M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
24.7%
Operating margin
6.2%
Net margin
4.3%
Return on assets
6.2%
Revenue growth (QoQ)
5.8%
Net-income growth
-2.4%
Net debt / EBITDA
0.9×
Interest coverage
11.4×
Current ratio
2.0×
Free cash flow
$35M
EBITDA
$48M
Cash & investments
$3M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | OGARA WILFRED T | Sell | 10K | $24.09 |
| 2026-05-28 | Caneris Thomas A | Sell | 41K | $24.29 |
| 2026-05-28 | Caneris Thomas A | Sell | 8.2K | $24.29 |
| 2026-05-28 | Galeese James E | Option exercise | 38K | $4.94 |
| 2026-05-28 | Galeese James E | Sell | 38K | $24.29 |
| 2026-05-28 | Galeese James E | Option exercise | 76K | $3.83 |
| 2026-05-28 | Galeese James E | Sell | 76K | $24.29 |
| 2026-05-28 | Galeese James E | Option exercise | 23K | $6.80 |
| 2026-05-28 | Galeese James E | Sell | 23K | $24.29 |
| 2026-05-28 | Caneris Thomas A | Sell | 60K | $24.29 |
| 2026-05-28 | Caneris Thomas A | Option exercise | 60K | $4.04 |
| 2026-04-01 | BROWN RONALD D | Grant | 1.2K | $18.75 |
| 2026-04-01 | Beech Robert P. | Grant | 1.2K | $18.75 |
| 2026-01-02 | BROWN RONALD D | Grant | 1.2K | $18.47 |
| 2026-01-02 | Beech Robert P. | Grant | 1.2K | $18.47 |
| 2025-12-26 | Galeese James E | Grant | 1.4K | — |
| 2025-12-26 | Caneris Thomas A | Grant | 2.3K | — |
| 2025-12-26 | Clark James Anthony | Grant | 4.2K | — |
| 2025-12-08 | OGARA WILFRED T | Gift | 3.0K | — |
| 2025-10-01 | Beech Robert P. | Grant | 948 | $23.73 |
| 2025-10-01 | Lenard Chantel E | Grant | 948 | $23.73 |
| 2025-10-01 | Hanson Amy | Grant | 948 | $23.73 |
| 2025-10-01 | BROWN RONALD D | Grant | 948 | $23.73 |
| 2025-10-01 | OGARA WILFRED T | Grant | 948 | $23.73 |
| 2025-10-01 | MARSHALL ERNEST W JR | Grant | 948 | $23.73 |
| 2025-09-30 | Clark James Anthony | Grant | 3.4K | — |
| 2025-09-30 | Galeese James E | Grant | 1.2K | — |
| 2025-09-30 | Caneris Thomas A | Grant | 1.9K | — |
| 2025-09-15 | OGARA WILFRED T | Other | 56K | — |
| 2025-09-15 | OGARA WILFRED T | Other | 56K | — |
| 2025-09-11 | Clark James Anthony | Sell | 30K | $22.66 |
| 2025-09-11 | Clark James Anthony | Option exercise | 30K | $4.40 |
| 2025-09-10 | Clark James Anthony | Sell | 220K | $22.75 |
| 2025-09-10 | Clark James Anthony | Option exercise | 39K | $4.40 |
| 2025-09-10 | Clark James Anthony | Sell | 39K | $22.75 |
| 2025-09-10 | Clark James Anthony | Option exercise | 220K | $4.40 |
| 2025-09-09 | Clark James Anthony | Sell | 211K | $22.86 |
| 2025-09-09 | Clark James Anthony | Option exercise | 211K | $4.40 |
| 2025-09-08 | Galeese James E | Sell | 33K | $23.29 |
| 2025-09-08 | Galeese James E | Option exercise | 22K | $5.92 |
| 2025-09-08 | Galeese James E | Sell | 22K | $23.29 |
| 2025-09-08 | Galeese James E | Option exercise | 33K | $9.15 |
| 2025-08-27 | Clark James Anthony | Sell | 27K | $23.08 |
| 2025-08-27 | Galeese James E | Sell | 6.1K | $23.08 |
| 2025-08-27 | Caneris Thomas A | Sell | 7.5K | $23.08 |
| 2025-08-26 | Galeese James E | Sell | 6.3K | $22.95 |
| 2025-08-26 | Clark James Anthony | Sell | 24K | $22.95 |
| 2025-08-26 | Caneris Thomas A | Sell | 6.4K | $22.95 |
| 2025-08-26 | Caneris Thomas A | Gift | 304 | $22.95 |
| 2025-08-25 | Galeese James E | Sell | 6.0K | $23.01 |
| 2025-08-25 | Clark James Anthony | Sell | 23K | $23.01 |
| 2025-08-25 | Caneris Thomas A | Sell | 6.2K | $23.01 |
| 2025-08-20 | Galeese James E | Grant | 46K | — |
| 2025-08-20 | Galeese James E | Grant | 11K | — |
| 2025-08-20 | Clark James Anthony | Grant | 31K | — |
| 2025-08-20 | Clark James Anthony | Grant | 143K | — |
| 2025-08-20 | Caneris Thomas A | Grant | 9.1K | — |
| 2025-08-20 | Caneris Thomas A | Grant | 39K | — |
| 2025-07-01 | MARSHALL ERNEST W JR | Grant | 1.3K | $17.24 |
| 2025-07-01 | Beech Robert P. | Grant | 1.3K | $17.24 |
| 2025-07-01 | Lenard Chantel E | Grant | 1.3K | $17.24 |
| 2025-07-01 | Hanson Amy | Grant | 1.3K | $17.24 |
| 2025-07-01 | OGARA WILFRED T | Grant | 1.3K | $17.24 |
| 2025-07-01 | BROWN RONALD D | Grant | 1.3K | $17.24 |
| 2025-04-02 | Hanson Amy | Grant | 1.1K | $17.36 |
| 2025-04-02 | MARSHALL ERNEST W JR | Grant | 1.1K | $17.36 |
| 2025-04-02 | Beech Robert P. | Grant | 1.1K | $17.36 |
| 2025-04-02 | Lenard Chantel E | Grant | 1.1K | $17.36 |
| 2025-04-02 | BROWN RONALD D | Grant | 1.1K | $17.36 |
| 2025-04-02 | OGARA WILFRED T | Grant | 1.1K | $17.36 |
| 2025-01-02 | OGARA WILFRED T | Grant | 968 | $19.37 |
| 2025-01-02 | Beech Robert P. | Grant | 968 | $19.37 |
| 2025-01-02 | Lenard Chantel E | Grant | 968 | $19.37 |
| 2025-01-02 | BROWN RONALD D | Grant | 968 | $19.37 |
| 2025-01-02 | MARSHALL ERNEST W JR | Grant | 968 | $19.37 |
| 2025-01-02 | Hanson Amy | Grant | 968 | $19.37 |
| 2025-01-02 | OGARA WILFRED T | Grant | 968 | $19.37 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-05 | Exhibits | filing ↗ |
| 2026-04-23 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-24 | Material agreementAcquisition/dispositionDebt obligationReg FDExhibits | filing ↗ |
| 2026-03-02 | Material agreementOtherExhibits | filing ↗ |
| 2026-02-25 | Material agreementReg FDOtherExhibits | filing ↗ |
| 2026-01-22 | ResultsReg FDExhibits | filing ↗ |
| 2025-11-10 | Shareholder vote | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K/A | 2026-06-05 | 2026-03-24 | 0001437749-26-019737 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001437749-26-015958 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0001437749-26-013085 ↗ |
| 8-K | 2026-03-24 | 2026-03-24 | 0001437749-26-009635 ↗ |
| 8-K | 2026-03-02 | 2026-02-26 | 0001437749-26-006372 ↗ |
| 8-K | 2026-02-25 | 2026-02-20 | 0001437749-26-005618 ↗ |
| 10-Q | 2026-02-09 | 2025-12-31 | 0001437749-26-003544 ↗ |
| 8-K | 2026-01-22 | 2026-01-22 | 0001437749-26-001688 ↗ |
| 8-K | 2025-11-10 | 2025-11-04 | 0001437749-25-033946 ↗ |
| 10-Q | 2025-11-07 | 2025-09-30 | 0001437749-25-033883 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001437749-25-033467 ↗ |
| 8-K | 2025-11-05 | 2025-11-03 | 0001437749-25-033146 ↗ |