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 CSW Industrials stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $377.58, for a total transaction of $679,644.00. Following the completion of the transaction, the executive vice president now owns 29,004 shares in the company, valued at approximately $10,951,330.32. The trade was a 5.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 value of $760,749.75.

CSW Industrials Trading Up 2.5 %

Shares of CSWI stock traded up $9.10 during trading hours on Wednesday, reaching $380.41. The company’s stock had a trading volume of 92,413 shares, compared to its average volume of 97,713. CSW Industrials, Inc. has a one year low of $203.83 and a one year high of $436.50. The stock has a market capitalization of $6.40 billion, a P/E ratio of 51.69 and a beta of 0.81. The firm’s fifty day simple moving average is $390.14 and its 200 day simple moving average is $351.03.

Institutional Trading of CSW Industrials

Several large investors have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. raised its holdings in CSW Industrials by 49.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,376 shares of the basic materials company’s stock worth $3,018,000 after purchasing an additional 3,769 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in CSW Industrials by 90.0% in the second quarter. Envestnet Asset Management Inc. now owns 52,357 shares of the basic materials company’s stock worth $13,891,000 after buying an additional 24,802 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in CSW Industrials in the second quarter worth about $716,000. Vanguard Personalized Indexing Management LLC bought a new stake in CSW Industrials during the 2nd quarter valued at approximately $343,000. Finally, Hsbc Holdings PLC grew its holdings 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 worth $461,000 after acquiring an additional 34 shares during the period. Institutional investors own 82.79% of the company’s stock.

Analyst Ratings Changes

CSWI has been the subject of several analyst reports. The Goldman Sachs Group dropped their target price on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a report on Tuesday. Citigroup cut their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a report on Monday. StockNews.com upgraded shares of CSW Industrials from a “hold” rating to a “buy” rating in a report on Friday, December 6th. Finally, Wells Fargo & Company dropped 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 research report on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target 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.