CSW Industrials, Inc. (NASDAQ:CSWI) Holdings Decreased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. reduced its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 24.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,617 shares of the basic materials company’s stock after selling 9,811 shares during the period. Harbor Capital Advisors Inc. owned about 0.18% of CSW Industrials worth $10,449,000 at the end of the most recent reporting period.

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

CSW Industrials Stock Performance

Shares of CSWI stock traded down $3.79 during trading hours on Friday, hitting $357.05. The company had a trading volume of 41,939 shares, compared to its average volume of 67,415. CSW Industrials, Inc. has a 12 month low of $203.83 and a 12 month high of $436.50. The firm’s fifty day moving average is $390.19 and its 200 day moving average is $347.75. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of 48.51 and a beta of 0.85.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CSWI. The Goldman Sachs Group began coverage on shares of CSW Industrials in a research report on Friday, December 6th. They set a “neutral” rating and a $450.00 target price on the stock. Citigroup upgraded shares of CSW Industrials to a “hold” rating in a research note on Wednesday, November 13th. StockNews.com upgraded CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company decreased their price objective on CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $430.00.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, SVP Luke Alverson sold 1,416 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $387.15, for a total value of $548,204.40. Following the transaction, the senior vice president now owns 17,156 shares of the company’s stock, valued at approximately $6,641,945.40. The trade was a 7.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Don Sullivan sold 1,965 shares of CSW Industrials stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $387.15, for a total value of $760,749.75. Following the completion of the transaction, the executive vice president now directly owns 30,804 shares of the company’s stock, valued at $11,925,768.60. This represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,581 shares of company stock worth $2,567,794 over the last three months. Company insiders own 1.40% of the company’s stock.

CSW Industrials 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.