CSW Industrials, Inc. (NASDAQ:CSWI) EVP Sells $760,749.75 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI) EVP Don Sullivan sold 1,965 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $760,749.75. Following the sale, the executive vice president now owns 30,804 shares in the company, valued at $11,925,768.60. The trade was a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CSW Industrials Trading Up 0.1 %

Shares of NASDAQ:CSWI opened at $389.17 on Tuesday. CSW Industrials, Inc. has a 12 month low of $199.20 and a 12 month high of $436.50. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 52.88 and a beta of 0.81. The firm’s 50-day moving average is $396.90 and its 200 day moving average is $335.58.

CSW Industrials Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 25th were paid a dividend of $0.24 per share. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. The ex-dividend date was Friday, October 25th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.25%. CSW Industrials’s dividend payout ratio is currently 13.04%.

Analysts Set New Price Targets

CSWI has been the topic of several recent analyst reports. The Goldman Sachs Group assumed coverage on CSW Industrials in a research note on Friday, December 6th. They set a “neutral” rating and a $450.00 target price on the stock. StockNews.com raised shares of CSW Industrials from a “hold” rating to a “buy” rating in a report on Friday, December 6th. Citigroup raised CSW Industrials to a “hold” rating in a research note on Wednesday, November 13th. Finally, Wells Fargo & Company initiated coverage on CSW Industrials in a research report on Monday, November 25th. They set an “equal weight” rating and a $425.00 target price on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, CSW Industrials has an average rating of “Hold” and a consensus target price of $437.50.

Institutional Investors Weigh In On CSW Industrials

A number of institutional investors and hedge funds have recently modified their holdings of CSWI. GAMMA Investing LLC boosted its position in CSW Industrials by 105.9% in the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after buying an additional 36 shares during the period. National Bank of Canada FI purchased a new stake in shares of CSW Industrials in the 3rd quarter worth $28,000. V Square Quantitative Management LLC purchased a new stake in shares of CSW Industrials in the 3rd quarter worth $30,000. Peterson Financial Group Inc. bought a new position in shares of CSW Industrials during the 3rd quarter worth $72,000. Finally, Nisa Investment Advisors LLC increased its stake in shares of CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock valued at $76,000 after buying an additional 173 shares during the period. 82.79% of the stock is owned by 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.