CSW Industrials, Inc. (NASDAQ:CSWI) SVP Luke Alverson Sells 1,522 Shares of Stock

CSW Industrials, Inc. (NASDAQ:CSWI) SVP Luke Alverson sold 1,522 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $358.16, for a total value of $545,119.52. Following the transaction, the senior vice president now owns 15,634 shares in the company, valued at approximately $5,599,473.44. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, December 16th, Luke Alverson sold 1,416 shares of CSW Industrials stock. The shares were sold at an average price of $387.15, for a total value of $548,204.40.

CSW Industrials Trading Up 2.5 %

Shares of CSW Industrials stock opened at $380.41 on Thursday. CSW Industrials, Inc. has a 12-month low of $203.83 and a 12-month high of $436.50. The company has a market cap of $6.40 billion, a P/E ratio of 51.69 and a beta of 0.81. The company’s fifty day simple moving average is $389.68 and its two-hundred day simple moving average is $351.24.

Wall Street Analyst Weigh In

A number of research firms recently commented on CSWI. Citigroup lowered their price target on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a report on Monday. StockNews.com raised shares of CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. The Goldman Sachs Group dropped their target price on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Wells Fargo & Company reduced their price target on CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 17th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $404.67.

Institutional Investors Weigh In On CSW Industrials

A number of large investors have recently modified their holdings of the stock. Geode Capital Management LLC lifted its holdings in CSW Industrials by 7.4% in the third quarter. Geode Capital Management LLC now owns 388,954 shares of the basic materials company’s stock worth $142,536,000 after buying an additional 26,728 shares during the period. Mutual of America Capital Management LLC bought a new position in shares of CSW Industrials in the 3rd quarter worth approximately $916,000. Charles Schwab Investment Management Inc. raised its position in shares of CSW Industrials by 13.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 168,369 shares of the basic materials company’s stock worth $61,689,000 after acquiring an additional 19,659 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of CSW Industrials by 40.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 28,423 shares of the basic materials company’s stock valued at $10,414,000 after purchasing an additional 8,161 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in shares of CSW Industrials by 8.5% during the third quarter. The Manufacturers Life Insurance Company now owns 9,503 shares of the basic materials company’s stock valued at $3,482,000 after purchasing an additional 744 shares in the last quarter. Institutional investors own 82.79% of the company’s stock.

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.