CSW Industrials, Inc. (NASDAQ:CSWI) SVP Luke Alverson Sells 1,522 Shares

CSW Industrials, Inc. (NASDAQ:CSWI) SVP Luke Alverson sold 1,522 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $358.16, for a total value of $545,119.52. Following the completion of the sale, the senior vice president now owns 15,634 shares of the company’s stock, valued at $5,599,473.44. This trade represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Luke Alverson also recently made the following trade(s):

• On Monday, December 16th, Luke Alverson sold 1,416 shares of CSW Industrials stock. The shares were sold at an average price of $387.15, for a total transaction of $548,204.40.

CSW Industrials Stock Up 2.5 %

Shares of NASDAQ CSWI traded up $9.10 during trading hours on Wednesday, hitting $380.41. The company had a trading volume of 92,413 shares, compared to its average volume of 97,713. CSW Industrials, Inc. has a 1-year low of $203.83 and a 1-year high of $436.50. The firm’s 50 day moving average is $390.14 and its 200-day moving average is $351.03. The stock has a market capitalization of $6.40 billion, a P/E ratio of 51.69 and a beta of 0.81.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CSWI shares. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a research report on Friday, December 6th. Citigroup decreased their price target on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research note on Monday. Wells Fargo & Company reduced their target price 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. Finally, The Goldman Sachs Group lowered 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. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $404.67.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Oppenheimer Asset Management Inc. lifted its stake 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 valued at $3,018,000 after purchasing an additional 3,769 shares during 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 valued at $13,891,000 after buying an additional 24,802 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of CSW Industrials in the second quarter valued at approximately $716,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of CSW Industrials during the 2nd quarter worth approximately $343,000. Finally, Hsbc Holdings PLC increased 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 last quarter. Institutional investors own 82.79% of the company’s stock.

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.