Harbor Capital Advisors Inc. Sells 9,811 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Harbor Capital Advisors Inc. cut its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 24.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,617 shares of the basic materials company's stock after selling 9,811 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.18% of CSW Industrials worth $10,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CSWI. State Street Corp raised its stake in CSW Industrials by 71.7% in the third quarter. State Street Corp now owns 612,696 shares of the basic materials company's stock valued at $224,486,000 after buying an additional 255,849 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of CSW Industrials in the second quarter valued at approximately $65,595,000. Principal Financial Group Inc. grew its stake in shares of CSW Industrials by 1,046.2% during the 3rd quarter. Principal Financial Group Inc. now owns 84,991 shares of the basic materials company's stock worth $31,140,000 after purchasing an additional 77,576 shares during the period. Loomis Sayles & Co. L P acquired a new stake in shares of CSW Industrials during the 3rd quarter valued at approximately $25,589,000. Finally, Franklin Resources Inc. grew its holdings in shares of CSW Industrials by 2,006.7% in the 3rd quarter. Franklin Resources Inc. now owns 57,617 shares of the basic materials company's stock worth $22,702,000 after acquiring an additional 54,882 shares during the period. Institutional investors and hedge funds own 82.79% of the company's stock.

CSW Industrials Trading Up 0.3 %

Shares of CSWI traded up $1.26 during mid-day trading on Friday, reaching $362.10. The company had a trading volume of 107,433 shares, compared to its average volume of 78,689. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 49.20 and a beta of 0.85. The firm has a fifty day simple moving average of $390.19 and a 200-day simple moving average of $347.75. CSW Industrials, Inc. has a fifty-two week low of $203.83 and a fifty-two week high of $436.50.

Insider Activity at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $354.65, for a total value of $70,930.00. Following the sale, the director now directly owns 13,719 shares in the company, valued at approximately $4,865,443.35. The trade was a 1.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Don Sullivan sold 1,965 shares of the company's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total value of $760,749.75. Following the completion of the transaction, the executive vice president now directly owns 30,804 shares in the company, valued at $11,925,768.60. This represents a 6.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,581 shares of company stock valued at $2,567,794. Corporate insiders own 1.40% of the company's stock.

Wall Street Analysts Forecast Growth

CSWI has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on CSW Industrials from $425.00 to $410.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 17th. StockNews.com raised CSW Industrials from a "hold" rating to a "buy" rating in a research note on Friday, December 6th. The Goldman Sachs Group started coverage on shares of CSW Industrials in a research note on Friday, December 6th. They issued a "neutral" rating and a $450.00 target price for the company. Finally, Citigroup upgraded CSW Industrials to a "hold" rating in a research note on Wednesday, November 13th. Three equities 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.com, CSW Industrials has an average rating of "Hold" and a consensus price target of $430.00.

About CSW Industrials

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.