Insider Selling: LCI Industries (NYSE:LCII) CEO Sells 30,000 Shares of Stock

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 30,000 shares of LCI Industries stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $145.03, for a total transaction of $4,350,900.00. Following the completion of the transaction, the chief executive officer directly owned 344,973 shares in the company, valued at approximately $50,031,434.19. This trade represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Jason Lippert also recently made the following trade(s):

• On Tuesday, February 24th, Jason Lippert sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $142.76, for a total transaction of $1,427,600.00.
• On Friday, February 20th, Jason Lippert sold 10,000 shares of LCI Industries stock. The stock was sold at an average price of $148.01, for a total value of $1,480,100.00.

LCI Industries Stock Down 0.5%

Shares of LCII traded down $0.65 during trading hours on Tuesday, reaching $141.25. The company’s stock had a trading volume of 261,985 shares, compared to its average volume of 375,308. The company has a 50 day moving average of $138.56 and a two-hundred day moving average of $115.17. 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 firm has a market cap of $3.42 billion, a price-to-earnings ratio of 18.71 and a beta of 1.32. LCI Industries has a 1-year low of $72.31 and a 1-year high of $159.66.

LCI Industries (NYSE:LCII) last issued its earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share 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 for the quarter, compared to analyst estimates of $913.04 million. During the same period in the prior year, the firm posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, research analysts predict that LCI Industries will post 6.76 EPS for the current fiscal year.

Analysts Set New Price Targets

LCII has been the subject of a number of recent analyst reports. BMO Capital Markets restated a “market perform” rating and set a $155.00 price target on shares of LCI Industries in a report on Wednesday, February 18th. Roth Mkm reissued a “neutral” rating and set a $164.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th. Loop Capital reaffirmed a “hold” rating and issued a $149.00 target price on shares of LCI Industries in a report on Thursday, January 22nd. Truist Financial set a $147.00 price target on LCI Industries in a research report on Tuesday, January 20th. Finally, Benchmark increased their price objective on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, LCI Industries currently has an average rating of “Hold” and an average price target of $156.67.

Institutional Trading of LCI Industries

A number of hedge funds have recently modified their holdings of the company. Teacher Retirement System of Texas lifted its stake 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 increased its holdings in LCI Industries by 563.9% in the third quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock valued at $4,829,000 after purchasing an additional 44,037 shares during the last quarter. Boston Partners lifted its stake in LCI Industries by 33.2% in the second quarter. Boston Partners now owns 320,186 shares of the company’s stock valued at $29,399,000 after buying an additional 79,847 shares during the period. Timucuan Asset Management Inc. FL lifted its stake in LCI Industries by 226.5% in the second quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock valued at $3,221,000 after buying an additional 24,500 shares during the period. Finally, Campbell & CO Investment Adviser LLC boosted its holdings in LCI Industries by 424.5% during the third quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock worth $4,417,000 after buying an additional 38,381 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

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.