LCI Industries (NYSE:LCII) CEO Jason Lippert Sells 10,000 Shares

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 10,000 shares of LCI Industries stock in a transaction on Tuesday, February 24th. The shares were 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 in the company, valued at approximately $47,820,745.48. This represents a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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 value 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 value of $1,480,100.00.

LCI Industries Stock Performance

Shares of LCI Industries stock traded down $0.65 during trading hours on Tuesday, hitting $141.25. 261,985 shares of the company were exchanged, compared to its average volume of 375,308. 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 business has a 50-day moving average of $138.56 and a 200-day moving average of $115.17. LCI Industries has a 1 year low of $72.31 and a 1 year high of $159.66. The stock 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) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.20. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The firm had revenue of $932.70 million for the quarter, compared to analyst estimates of $913.04 million. During the same period last year, the firm posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, analysts expect that LCI Industries will post 6.76 EPS for the current fiscal year.

Analyst Ratings Changes

LCII has been the subject of a number of analyst reports. Wall Street Zen raised LCI Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday. Truist Financial set a $147.00 target price on LCI Industries in a report on Tuesday, January 20th. Robert W. Baird set a $150.00 price target on shares of LCI Industries in a research note on Thursday, February 19th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of LCI Industries in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $156.67.

Institutional Trading of LCI Industries

Institutional investors and hedge funds have recently modified their holdings of the business. M&T Bank Corp lifted its position in shares of LCI Industries by 8,419.2% in the fourth quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock valued at $89,686,000 after acquiring an additional 730,453 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new position in LCI Industries in the 4th quarter valued at about $27,142,000. Bank of Montreal Can raised its stake in LCI Industries by 70.4% in the 2nd quarter. Bank of Montreal Can now owns 435,844 shares of the company’s stock valued at $39,745,000 after purchasing an additional 180,060 shares during the last quarter. Bridgeway Capital Management LLC purchased a new position in LCI Industries in the 2nd quarter valued at about $15,633,000. Finally, Frontier Capital Management Co. LLC boosted its stake in shares of LCI Industries by 47.0% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 504,761 shares of the company’s stock worth $46,029,000 after purchasing an additional 161,472 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

About LCI Industries

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.