CSW Industrials Inc (CSWI) Chairman Sells $195,032.50 in Stock
CSW Industrials Inc (NASDAQ:CSWI) Chairman Joseph B. Armes sold 4,250 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $45.89, for a total transaction of $195,032.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
CSW Industrials Inc (CSWI) opened at $45.35 on Wednesday. The firm has a market cap of $732.99, a P/E ratio of 23.54 and a beta of 1.26. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.99 and a current ratio of 3.03. CSW Industrials Inc has a 12-month low of $34.05 and a 12-month high of $50.00.
CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings results on Thursday, February 8th. The basic materials company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $69.03 million for the quarter, compared to analysts’ expectations of $79.04 million. CSW Industrials had a negative net margin of 4.49% and a positive return on equity of 11.16%. CSW Industrials’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.12 earnings per share. equities research analysts predict that CSW Industrials Inc will post 2.01 EPS for the current year.
Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in CSW Industrials during the third quarter valued at approximately $129,000. Westwood Holdings Group Inc. acquired a new position in CSW Industrials during the second quarter valued at approximately $186,000. Teacher Retirement System of Texas acquired a new position in CSW Industrials during the fourth quarter valued at approximately $250,000. Dynamic Technology Lab Private Ltd acquired a new position in CSW Industrials during the third quarter valued at approximately $291,000. Finally, Voya Investment Management LLC lifted its position in CSW Industrials by 13.9% during the second quarter. Voya Investment Management LLC now owns 8,436 shares of the basic materials company’s stock valued at $326,000 after buying an additional 1,027 shares in the last quarter. 67.54% of the stock is currently owned by hedge funds and other institutional investors.
CSW Industrials Company Profile
CSW Industrials, Inc (CSWI) is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. The Industrial Products segment consists of specialty mechanical products; fire and smoke protection products; architecturally specified building products, and storage, filtration and application equipment.
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