CSW Industrials, Inc. (NASDAQ:CSWI) EVP Sells $679,644.00 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI) EVP Don Sullivan sold 1,800 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $377.58, for a total value of $679,644.00. Following the completion of the sale, the executive vice president now owns 29,004 shares in the company, valued at approximately $10,951,330.32. This represents a 5.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, December 16th, Don Sullivan sold 1,965 shares of CSW Industrials stock. The shares were sold at an average price of $387.15, for a total value of $760,749.75.

CSW Industrials Trading Up 1.3 %

CSWI stock opened at $390.21 on Friday. The company has a market capitalization of $6.56 billion, a P/E ratio of 53.02 and a beta of 0.85. The business has a 50 day simple moving average of $388.48 and a 200-day simple moving average of $352.36. CSW Industrials, Inc. has a twelve month low of $203.83 and a twelve month high of $436.50.

CSW Industrials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, January 31st. CSW Industrials’s dividend payout ratio is currently 13.04%.

Analyst Ratings Changes

CSWI has been the subject of several recent analyst reports. StockNews.com upgraded CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Citigroup lowered their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group cut their price target on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Wells Fargo & Company decreased their price objective on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 17th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $404.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CSWI. Anchor Investment Management LLC raised 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 valued at $472,000 after buying an additional 32 shares during the last quarter. Hsbc Holdings PLC raised its stake in CSW Industrials by 2.0% during the 2nd quarter. Hsbc Holdings PLC now owns 1,743 shares of the basic materials company’s stock valued at $461,000 after acquiring an additional 34 shares during the last quarter. Xponance Inc. raised its stake in CSW Industrials by 3.7% during the 2nd quarter. Xponance Inc. now owns 976 shares of the basic materials company’s stock valued at $259,000 after acquiring an additional 35 shares during the last quarter. GAMMA Investing LLC lifted its position in CSW Industrials by 105.9% during the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 36 shares during the period. Finally, Morse Asset Management Inc grew its stake in shares of CSW Industrials by 2.3% in the 3rd quarter. Morse Asset Management Inc now owns 1,621 shares of the basic materials company’s stock valued at $594,000 after purchasing an additional 36 shares during the last quarter. 82.79% of the stock is owned by hedge funds and other institutional investors.

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.