CSW Industrials, Inc. (NASDAQ:CSWI) EVP Sells $41,919.50 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI) EVP James E. Perry sold 145 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $41,919.50. Following the completion of the sale, the executive vice president now owns 23,137 shares in the company, valued at $6,688,906.70. This represents a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CSW Industrials Stock Performance

Shares of CSW Industrials stock opened at $295.91 on Wednesday. CSW Industrials, Inc. has a 52-week low of $226.05 and a 52-week high of $436.50. The company has a fifty day moving average of $313.01 and a 200-day moving average of $357.86. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 35.35 and a beta of 0.80.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings results 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 net margin of 15.53% and a return on equity of 15.72%. On average, equities research analysts forecast that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 annualized dividend and a yield of 0.32%. CSW Industrials’s payout ratio is 11.47%.

Analyst Ratings Changes

CSWI has been the subject of several research analyst reports. Truist Financial started coverage on CSW Industrials in a research note on Friday, February 14th. They set a “hold” rating and a $362.00 price objective for the company. StockNews.com lowered CSW Industrials from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. Citigroup lowered their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Wells Fargo & Company cut their price target on shares of CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Finally, The Goldman Sachs Group lowered their price objective on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, CSW Industrials currently has an average rating of “Hold” and a consensus price target of $379.00.

Institutional Trading of CSW Industrials

Hedge funds and other institutional investors have recently bought and sold shares of the stock. National Bank of Canada FI purchased a new position in shares of CSW Industrials in the third quarter worth $28,000. IFP Advisors Inc grew its holdings in CSW Industrials by 510.5% in 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 increased its position in shares of CSW Industrials by 94.3% in the fourth 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. bought a new position in shares of CSW Industrials during the fourth quarter valued at about $51,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of CSW Industrials by 300.0% during the fourth quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 123 shares during the period. 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.