CSW Industrials, Inc. (NASDAQ:CSWI – Get Free Report) Director Robert M. Swartz sold 200 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $307.21, for a total transaction of $61,442.00. Following the sale, the director now directly owns 13,319 shares in the company, valued at $4,091,729.99. This trade represents a 1.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
CSW Industrials Price Performance
Shares of NASDAQ CSWI opened at $301.81 on Wednesday. The company’s 50 day simple moving average is $341.64 and its 200 day simple moving average is $361.27. CSW Industrials, Inc. has a fifty-two week low of $221.10 and a fifty-two week high of $436.50. The firm has a market capitalization of $5.07 billion, a P/E ratio of 36.06 and a beta of 0.84.
CSW Industrials (NASDAQ:CSWI – Get Free Report) last posted its earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, topping 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%. Sell-side analysts expect that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.
CSW Industrials Dividend Announcement
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of CSW Industrials by 111.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 51,306 shares of the basic materials company’s stock valued at $18,101,000 after acquiring an additional 27,042 shares during the period. Sovereign s Capital Management LLC bought a new position in shares of CSW Industrials in the 4th quarter valued at about $403,000. Squarepoint Ops LLC bought a new position in shares of CSW Industrials in the 4th quarter valued at about $2,013,000. Twinbeech Capital LP bought a new position in shares of CSW Industrials in the 4th quarter valued at about $262,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of CSW Industrials in the 4th quarter valued at about $252,000. Institutional investors own 82.79% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently commented on CSWI shares. StockNews.com cut shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Citigroup decreased their price target 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 decreased their price target on shares of CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Friday, January 31st. The Goldman Sachs Group decreased their price target on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Finally, Truist Financial initiated coverage on shares of CSW Industrials in a report on Friday, February 14th. They issued a “hold” rating and a $362.00 price objective on the stock. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $379.00.
Check Out Our Latest Analysis on CSW Industrials
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.
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