CSW Industrials, Inc. (NASDAQ:CSWI) CEO Joseph B. Armes Sells 1,000 Shares of Stock

CSW Industrials, Inc. (NASDAQ:CSWI) CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $378.32, for a total transaction of $378,320.00. Following the sale, the chief executive officer now directly owns 48,848 shares in the company, valued at $18,480,175.36. This trade represents a 2.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

CSW Industrials Price Performance

Shares of NASDAQ:CSWI opened at $380.41 on Thursday. CSW Industrials, Inc. has a 1 year low of $203.83 and a 1 year high of $436.50. The company has a market capitalization of $6.40 billion, a PE ratio of 51.69 and a beta of 0.81. The business has a fifty day moving average price of $389.68 and a two-hundred day moving average price of $351.24.

Hedge Funds Weigh In On CSW Industrials

Several institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its position in CSW Industrials by 105.9% in the third 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. National Bank of Canada FI bought a new position in shares of CSW Industrials during the 3rd quarter valued at approximately $28,000. V Square Quantitative Management LLC purchased a new stake in shares of CSW Industrials during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. bought a new stake in shares of CSW Industrials in the 3rd quarter worth approximately $72,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of CSW Industrials by 508.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 173 shares during the period. Institutional investors own 82.79% of the company’s stock.

Analysts Set New Price Targets

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

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.