Insider Selling: CSW Industrials, Inc. (NASDAQ:CSWI) EVP Sells 1,800 Shares of Stock

CSW Industrials, Inc. (NASDAQ:CSWI) EVP Don Sullivan sold 1,800 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $377.58, for a total transaction of $679,644.00. Following the completion of the sale, the executive vice president now directly owns 29,004 shares in the company, valued at approximately $10,951,330.32. This trade represents a 5.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction of $760,749.75.

CSW Industrials Trading Up 2.5 %

Shares of NASDAQ CSWI traded up $9.10 during midday trading on Wednesday, hitting $380.41. 92,413 shares of the company’s stock were exchanged, compared to its average volume of 97,713. The business’s fifty day moving average price is $390.14 and its two-hundred day moving average price is $351.03. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 51.69 and a beta of 0.81. CSW Industrials, Inc. has a 12-month low of $203.83 and a 12-month high of $436.50.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On CSW Industrials

A number of hedge funds and other institutional investors have recently bought and sold shares of CSWI. Oppenheimer Asset Management Inc. lifted its holdings in shares of CSW Industrials by 49.5% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,376 shares of the basic materials company’s stock worth $3,018,000 after acquiring an additional 3,769 shares during the last quarter. Envestnet Asset Management Inc. raised its position in CSW Industrials by 90.0% during the second quarter. Envestnet Asset Management Inc. now owns 52,357 shares of the basic materials company’s stock valued at $13,891,000 after purchasing an additional 24,802 shares in the last quarter. Edgestream Partners L.P. bought a new stake in CSW Industrials during the second quarter worth about $716,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of CSW Industrials in the 2nd quarter worth about $343,000. Finally, Hsbc Holdings PLC increased its position 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 purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 82.79% of the company’s stock.

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.