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

CSW Industrials, Inc. (NASDAQ:CSWI) SVP Luke Alverson sold 1,522 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $358.16, for a total transaction of $545,119.52. Following the completion of the sale, the senior vice president now owns 15,634 shares in the company, valued at approximately $5,599,473.44. This trade represents a 8.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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 transaction of $548,204.40.

CSW Industrials Trading Up 2.5 %

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC increased its holdings in CSW Industrials by 2.5% in the 3rd quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company’s stock worth $472,000 after buying an additional 32 shares in the last quarter. Hsbc Holdings PLC boosted its holdings 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 valued at $461,000 after acquiring an additional 34 shares during the last quarter. Xponance Inc. grew its stake in shares of CSW Industrials by 3.7% in the second quarter. Xponance Inc. now owns 976 shares of the basic materials company’s stock worth $259,000 after acquiring an additional 35 shares during the period. GAMMA Investing LLC raised its holdings in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 36 shares during the last quarter. Finally, Morse Asset Management Inc lifted its position in 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 purchasing an additional 36 shares during the period. 82.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

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.