LSI Industries, Inc. (NASDAQ:LYTS), saw an insider execute a transaction that began on Monday and was officially filed today, August 27th, resulting in the increasing of their exposure to the company. President Scott Ready acquired 1,571 shares of common stock at an average price of $6.95 per share. Following the completion of this transaction, Ready now holds a total of 118,784 shares in the company directly, while having 5,625 shares invested indirectly. As well, a $165.45 million market cap company, LSI Industries, Inc. (NASDAQ:LYTS) is a provider of corporate visual image solutions through the combination of screen and digital graphics capabilities, a variety of indoor and outdoor lighting products, lighting control systems, and related professional services.
In addition, the largest outside investment comes from Billionaire Chuck Royce, and his Royce & Associates hedge fund. After lowering its activity by 1% last quarter, the fund holds about 2.67 million shares worth approximately $21.3 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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