Today, the CEO of LCI Industries (NYSE: LCII), Jason Lippert, bought shares of LCII for $503K.
This is Lippert’s first Buy trade following 46 Sell transactions. In addition to Jason Lippert, 4 other LCII executives reported Buy trades in the last month.
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Based on LCI Industries’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $650 million and quarterly net profit of $47.34 million. In comparison, last year the company earned revenue of $498 million and had a net profit of $43.15 million. LCII’s market cap is $2.18B and the company has a P/E ratio of 16.07. Currently, LCI Industries has an average volume of 369.9K.
The insider sentiment on LCI Industries has been positive according to 73 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Jason Lippert’s trades have generated a -20.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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LCI Industries, Inc. engages in the manufacture, supply, and distribution of components for the original equipment manufacturers (OEM) of recreational vehicles and manufactured homes. It operates through the OEM and Aftermarket segments.
