CSW Industrials, Inc. (NASDAQ:CSWI) SVP Sells $321,332.00 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) SVP Luke Alverson sold 1,100 shares of CSW Industrials stock in a transaction on Monday, March 17th. The shares were sold at an average price of $292.12, for a total transaction of $321,332.00. Following the transaction, the senior vice president now owns 13,434 shares in the company, valued at approximately $3,924,340.08. This trade represents a 7.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Luke Alverson also recently made the following trade(s):

• On Monday, January 13th, Luke Alverson sold 1,522 shares of CSW Industrials stock. The shares were sold at an average price of $358.16, for a total value of $545,119.52.

CSW Industrials Trading Up 0.0 %

Shares of NASDAQ:CSWI 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 stock has a market capitalization of $4.91 billion, a PE ratio of 34.98 and a beta of 0.80. CSW Industrials, Inc. has a 12 month low of $225.83 and a 12 month high of $436.50. The firm's 50 day simple moving average is $324.96 and its two-hundred day simple moving average is $358.05.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last posted its quarterly earnings data 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%. Research analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.

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CSW Industrials Dividend Announcement

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

Institutional Investors Weigh In On CSW Industrials

Several institutional investors have recently made changes to their positions in the company. National Bank of Canada FI purchased a new stake in CSW Industrials in the 3rd quarter worth about $28,000. IFP Advisors Inc lifted its stake in shares of CSW Industrials by 510.5% during the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock worth $42,000 after acquiring an additional 97 shares during the last quarter. GAMMA Investing LLC boosted its holdings in 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 acquiring an additional 66 shares during the period. SBI Securities Co. Ltd. purchased a new position in CSW Industrials during the 4th quarter valued at $51,000. Finally, Jones Financial Companies Lllp grew its position in CSW Industrials by 300.0% in the 4th quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company's stock valued at $58,000 after acquiring an additional 123 shares during the last quarter. Institutional investors own 82.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on 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. StockNews.com downgraded shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. The Goldman Sachs Group cut their price objective on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th. Citigroup reduced 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. Finally, Truist Financial initiated coverage on CSW Industrials in a report on Friday, February 14th. They set a "hold" rating and a $362.00 price target for the company. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $379.00.

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.