LSI Industries Stock Faces a New Test After Insiders Sell More Than $6 Million
LSI Industries shares rose 1.1% to $23.08 Thursday as filings showed executives sold about 255,000 shares for $6.22 million after exercising options. The sales followed LSI’s new partnership with Carter Thermal Industries and a 14% jump in fiscal Q3 net sales to $150.5 million. CFO James E. Galeese sold 136,578 shares at $24.29; other executives also reported sales. Trading volume reached 225,950 shares.