CSW Industrials, Inc. (NASDAQ:CSWI) CEO Sells $404,790.00 in Stock

CSW Industrials, Inc. (NASDAQ:CSWI) CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $404.79, for a total value of $404,790.00. Following the completion of the sale, the chief executive officer now directly owns 50,698 shares in the company, valued at approximately $20,522,043.42. This represents a 1.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

CSW Industrials Stock Down 0.9 %

Shares of NASDAQ CSWI opened at $403.98 on Monday. The business’s 50 day moving average price is $372.75 and its two-hundred day moving average price is $312.06. The company has a market cap of $6.79 billion, a PE ratio of 54.89, a price-to-earnings-growth ratio of 3.24 and a beta of 0.78. CSW Industrials, Inc. has a twelve month low of $167.81 and a twelve month high of $428.46.

CSW Industrials Increases Dividend

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

Analysts Set New Price Targets

CSWI has been the topic of a number of recent analyst reports. StockNews.com downgraded CSW Industrials from a “buy” rating to a “hold” rating in a research report on Thursday. Citigroup raised CSW Industrials to a “hold” rating in a research report on Wednesday, November 13th.

Institutional Investors Weigh In On CSW Industrials

A number of institutional investors have recently made changes to their positions in CSWI. GAMMA Investing LLC boosted its holdings in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 36 shares during the period. National Bank of Canada FI bought a new stake in shares of CSW Industrials during the third quarter worth approximately $28,000. V Square Quantitative Management LLC bought a new stake in shares of CSW Industrials during the third quarter worth approximately $30,000. Contravisory Investment Management Inc. boosted its holdings in shares of CSW Industrials by 48.1% during the second quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 38 shares during the period. Finally, Peterson Financial Group Inc. bought a new stake in shares of CSW Industrials during the third quarter worth approximately $72,000. Institutional investors own 82.79% of the company’s stock.

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.