Insider Selling: LCI Industries (NYSE:LCII) Insider Sells $1,476,500.00 in Stock

LCI Industries (NYSE:LCII) insider Jamie Schnur sold 10,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $147.65, for a total transaction of $1,476,500.00. Following the sale, the insider owned 29,420 shares of the company’s stock, valued at approximately $4,343,863. This trade represents a 25.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Jamie Schnur also recently made the following trade(s):

• On Monday, February 23rd, Jamie Schnur sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $144.66, for a total transaction of $1,446,600.00.

LCI Industries Stock Performance

Shares of LCII opened at $135.69 on Friday. The company has a current ratio of 2.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.69. The firm’s fifty day simple moving average is $139.54 and its two-hundred day simple moving average is $115.78. LCI Industries has a 12 month low of $72.31 and a 12 month high of $159.66. The stock has a market capitalization of $3.28 billion, a P/E ratio of 17.97 and a beta of 1.32.

LCI Industries (NYSE:LCII) last posted its quarterly earnings data 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 firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $913.04 million. During the same period last year, the company posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, analysts predict that LCI Industries will post 6.76 EPS for the current year.

Institutional Investors Weigh In On LCI Industries

Several hedge funds and other institutional investors have recently made changes to their positions in LCII. Huntington National Bank raised its holdings in shares of LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in LCI Industries during the 2nd quarter valued at about $26,000. Salomon & Ludwin LLC increased its holdings in LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of LCI Industries in the fourth quarter worth approximately $30,000. Finally, Financial Consulate Inc. purchased a new stake in shares of LCI Industries in the third quarter worth approximately $56,000. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on LCII shares. Robert W. Baird set a $150.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th. Benchmark increased their target price on shares of LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Wall Street Zen raised shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. Truist Financial set a $147.00 price objective on shares of LCI Industries in a report on Tuesday, January 20th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $155.00 target price on shares of LCI Industries in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $156.67.

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.