CSW Industrials, Inc. (NASDAQ:CSWI) EVP Don Sullivan Sells 1,965 Shares

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) EVP Don Sullivan sold 1,965 shares of CSW Industrials stock in a transaction on Monday, December 16th. The stock was sold at an average price of $387.15, for a total transaction of $760,749.75. Following the sale, the executive vice president now directly owns 30,804 shares in the company, valued at approximately $11,925,768.60. This trade represents a 6.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

CSW Industrials Stock Up 0.1 %

NASDAQ:CSWI traded up $0.49 on Monday, hitting $389.17. The stock had a trading volume of 75,557 shares, compared to its average volume of 125,287. The company has a fifty day moving average price of $396.90 and a two-hundred day moving average price of $335.58. CSW Industrials, Inc. has a 1-year low of $199.20 and a 1-year high of $436.50. The stock has a market cap of $6.54 billion, a price-to-earnings ratio of 52.88 and a beta of 0.81.

CSW Industrials Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 25th were issued a $0.24 dividend. The ex-dividend date was Friday, October 25th. This is a boost from CSW Industrials's previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 0.25%. CSW Industrials's dividend payout ratio is currently 13.04%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its stake in CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company's stock worth $26,000 after buying an additional 36 shares during the period. National Bank of Canada FI acquired a new position in shares of CSW Industrials in the 3rd quarter worth approximately $28,000. V Square Quantitative Management LLC purchased a new position in shares of CSW Industrials during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new stake in CSW Industrials in the 3rd quarter valued at approximately $72,000. Finally, Nisa Investment Advisors LLC raised its position in CSW Industrials by 508.8% in the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company's stock valued at $76,000 after purchasing an additional 173 shares during the period. 82.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSWI has been the topic of a number of recent research reports. Wells Fargo & Company started coverage on shares of CSW Industrials in a research report on Monday, November 25th. They set an "equal weight" rating and a $425.00 price target on the stock. The Goldman Sachs Group initiated coverage on CSW Industrials in a research report on Friday, December 6th. They issued a "neutral" rating and a $450.00 price target for the company. Citigroup raised CSW Industrials to a "hold" rating in a report on Wednesday, November 13th. Finally, StockNews.com raised CSW Industrials from a "hold" rating to a "buy" rating in a research note on Friday, December 6th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, CSW Industrials currently has a consensus rating of "Hold" and a consensus target price of $437.50.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.