CSW Industrials, Inc. (NASDAQ:CSWI) EVP Sells $649,090.64 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) EVP Don Sullivan sold 2,222 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $292.12, for a total value of $649,090.64. Following the transaction, the executive vice president now directly owns 24,853 shares in the company, valued at $7,260,058.36. The trade was a 8.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Don Sullivan also recently made the following trade(s):

• On Wednesday, January 15th, Don Sullivan sold 1,800 shares of CSW Industrials stock. The shares were sold at an average price of $377.58, for a total value of $679,644.00.

CSW Industrials Stock Up 0.0 %

CSWI stock traded up $0.13 during trading on Friday, reaching $292.79. The company's stock had a trading volume of 453,569 shares, compared to its average volume of 123,959. The company's fifty day moving average is $324.96 and its 200-day moving average is $358.05. The company has a market capitalization of $4.91 billion, a P/E ratio of 34.98 and a beta of 0.80. CSW Industrials, Inc. has a 1 year low of $225.83 and a 1 year high of $436.50.

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

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CSW Industrials Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.24 per share. The ex-dividend date was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.33%. CSW Industrials's dividend payout ratio is 11.47%.

Institutional Trading of CSW Industrials

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Anchor Investment Management LLC increased its holdings in shares of CSW Industrials by 2.5% in the third quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company's stock worth $472,000 after purchasing an additional 32 shares during the last quarter. Atria Investments Inc increased its stake in CSW Industrials by 1.4% in the 4th quarter. Atria Investments Inc now owns 2,367 shares of the basic materials company's stock worth $835,000 after acquiring an additional 32 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of CSW Industrials by 0.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,934 shares of the basic materials company's stock worth $1,388,000 after acquiring an additional 34 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of CSW Industrials by 1.0% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,590 shares of the basic materials company's stock worth $1,267,000 after acquiring an additional 35 shares in the last quarter. Finally, Morse Asset Management Inc boosted its position in shares of CSW Industrials by 2.3% during the 3rd quarter. Morse Asset Management Inc now owns 1,621 shares of the basic materials company's stock valued at $594,000 after acquiring an additional 36 shares during the last quarter. 82.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.