The CEO & President of Lsb Industries Inc (NYSE: LXU) is Buying Shares

By Carrie Williams

Today, the CEO & President of Lsb Industries Inc (LXUResearch Report), Mark Behrman, bought shares of LXU for $99.2K.

This is Behrman’s first transaction since reporting a Buy transaction on PHX back in March 2018 Following this transaction Mark Behrman’s holding in the company was increased by 3.37% to a total of $2.97 million.

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Based on Lsb Industries Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $122 million and quarterly net profit of $6.63 million. In comparison, last year the company earned revenue of $103 million and had a GAAP net loss of $27.51 million. Currently, Lsb Industries Inc has an average volume of 69.32K.

The insider sentiment on Lsb Industries Inc has been positive according to 25 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Mark Behrman’s trades have generated a -9.6% 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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LSB Industries, Inc. engages in manufacturing, marketing, and sale of chemical products for the agricultural, mining, and industrial markets. It also own and operate facilities in El Dorado, Arkansas (the El Dorado Facility), Cherokee, Alabama (the Cherokee Facility), and Pryor, Oklahoma (the Pryor Facility), as well as facility for Covestro AG (Covestro) in Baytown, Texas (the Baytown Facility). The company was founded by Jack E. Golsen in 1968 and is headquartered in Oklahoma City, OK.