CSW Industrials, Inc. (NASDAQ:CSWI) EVP James E. Perry Sells 145 Shares

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) EVP James E. Perry sold 145 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $289.10, for a total value of $41,919.50. Following the completion of the sale, the executive vice president now owns 23,137 shares in the company, valued at approximately $6,688,906.70. The trade was a 0.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

CSW Industrials Stock Down 2.4 %

Shares of NASDAQ:CSWI traded down $6.44 on Friday, hitting $263.79. The company had a trading volume of 205,147 shares, compared to its average volume of 131,978. CSW Industrials, Inc. has a 1 year low of $229.49 and a 1 year high of $436.50. The firm's 50-day simple moving average is $307.01 and its two-hundred day simple moving average is $356.43. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 31.52 and a beta of 0.88.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. Equities research analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current year.

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CSW Industrials Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a dividend of $0.24 per share. The ex-dividend date was Friday, January 31st. This represents a $0.96 annualized dividend and a yield of 0.36%. CSW Industrials's dividend payout ratio is 11.47%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Truist Financial assumed coverage on shares of CSW Industrials in a report on Friday, February 14th. They set a "hold" rating and a $362.00 price objective on the stock. Citigroup lowered their price target on CSW Industrials from $466.00 to $404.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group reduced their target price on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 14th. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company reduced their price target on CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating on the stock in a research report on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $379.00.

Institutional Investors Weigh In On CSW Industrials

Large investors have recently bought and sold shares of the business. National Bank of Canada FI bought a new stake in CSW Industrials in the 3rd quarter worth approximately $28,000. Versant Capital Management Inc grew its holdings in CSW Industrials by 526.3% during the first quarter. Versant Capital Management Inc now owns 119 shares of the basic materials company's stock valued at $35,000 after purchasing an additional 100 shares during the period. IFP Advisors Inc increased its position in CSW Industrials by 510.5% in the fourth quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock worth $42,000 after buying an additional 97 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of CSW Industrials by 94.3% during the 4th quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company's stock valued at $48,000 after buying an additional 66 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of CSW Industrials during the 4th quarter valued at approximately $51,000. 82.79% of the stock is currently owned by institutional investors.

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.