CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) CEO Joseph B. Armes sold 1,000 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $378.32, for a total transaction of $378,320.00. Following the completion of the sale, the chief executive officer now owns 48,848 shares of the company's stock, valued at $18,480,175.36. This trade represents a 2.01 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
CSW Industrials Stock Up 2.5 %
Shares of CSW Industrials stock traded up $9.10 during trading on Wednesday, hitting $380.41. 92,413 shares of the company were exchanged, compared to its average volume of 97,713. CSW Industrials, Inc. has a fifty-two week low of $203.83 and a fifty-two week high of $436.50. The firm has a 50 day moving average price of $390.14 and a 200 day moving average price of $351.03. The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 51.69 and a beta of 0.81.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. StockNews.com raised shares of CSW Industrials from a "hold" rating to a "buy" rating in a report on Friday, December 6th. The Goldman Sachs Group dropped their price objective on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research note on Tuesday. Wells Fargo & Company decreased their target price on CSW Industrials from $425.00 to $410.00 and set an "equal weight" rating on the stock in a research report on Tuesday, December 17th. Finally, Citigroup dropped their price target on CSW Industrials from $466.00 to $404.00 and set a "neutral" rating for the company in a research report on Monday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, CSW Industrials has a consensus rating of "Hold" and an average price target of $404.67.
Get Our Latest Stock Report on CSWI
Hedge Funds Weigh In On CSW Industrials
Institutional investors have recently made changes to their positions in the stock. Anchor Investment Management LLC increased its position in CSW Industrials by 2.5% during the 3rd 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 in the last quarter. Hsbc Holdings PLC boosted its stake in shares of CSW Industrials by 2.0% during the 2nd quarter. Hsbc Holdings PLC now owns 1,743 shares of the basic materials company's stock worth $461,000 after purchasing an additional 34 shares during the last quarter. Xponance Inc. grew its holdings in shares of CSW Industrials by 3.7% during the second quarter. Xponance Inc. now owns 976 shares of the basic materials company's stock worth $259,000 after buying an additional 35 shares in the last quarter. GAMMA Investing LLC raised its position in shares of CSW Industrials by 105.9% in the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company's stock valued at $26,000 after buying an additional 36 shares during the last quarter. Finally, Morse Asset Management Inc lifted its stake in shares of CSW Industrials by 2.3% during the third quarter. Morse Asset Management Inc now owns 1,621 shares of the basic materials company's stock valued at $594,000 after buying an additional 36 shares during the period. 82.79% of the stock is owned by institutional investors and hedge funds.
CSW Industrials Company Profile
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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.
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