Richard S. Sanders, Jr. Sells 1,250 Shares of LSB Industries, Inc. (LXU) Stock

LSB Industries, Inc. (NYSE:LXU) Director Richard S. Sanders, Jr. sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $8.17, for a total transaction of $10,212.50. Following the completion of the sale, the director now owns 22,778 shares of the company’s stock, valued at approximately $186,096.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of LSB Industries stock traded down $0.37 during trading on Friday, hitting $8.03. The stock had a trading volume of 1,555 shares, compared to its average volume of 148,200. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.14 and a current ratio of 1.29. LSB Industries, Inc. has a 12 month low of $4.75 and a 12 month high of $10.05.

LSB Industries (NYSE:LXU) last released its earnings results on Wednesday, October 24th. The conglomerate reported ($1.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.80) by ($0.42). The firm had revenue of $79.78 million during the quarter. LSB Industries had a negative return on equity of 14.79% and a negative net margin of 15.65%.

A number of institutional investors and hedge funds have recently made changes to their positions in LXU. BlackRock Inc. lifted its holdings in LSB Industries by 1.2% during the 1st quarter. BlackRock Inc. now owns 2,637,893 shares of the conglomerate’s stock valued at $16,171,000 after buying an additional 31,643 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in LSB Industries by 119.1% during the 1st quarter. JPMorgan Chase & Co. now owns 31,492 shares of the conglomerate’s stock valued at $192,000 after buying an additional 17,120 shares in the last quarter. California Public Employees Retirement System lifted its holdings in LSB Industries by 42.8% during the 1st quarter. California Public Employees Retirement System now owns 36,269 shares of the conglomerate’s stock valued at $222,000 after buying an additional 10,869 shares in the last quarter. Engineers Gate Manager LP bought a new stake in LSB Industries during the 2nd quarter valued at about $108,000. Finally, Bank of New York Mellon Corp lifted its holdings in LSB Industries by 3.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 235,881 shares of the conglomerate’s stock valued at $1,250,000 after buying an additional 7,800 shares in the last quarter. Institutional investors own 54.94% of the company’s stock.

Separately, ValuEngine upgraded shares of LSB Industries from a “hold” rating to a “buy” rating in a report on Monday, August 20th.

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About LSB Industries

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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