Raymond James & Associates Buys 17,299 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Raymond James & Associates raised its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 508.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,701 shares of the basic materials company’s stock after buying an additional 17,299 shares during the period. Raymond James & Associates owned about 0.13% of CSW Industrials worth $4,294,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSWI. Anchor Investment Management LLC bought a new position in shares of CSW Industrials during the fourth quarter worth approximately $255,000. Vanguard Group Inc. increased its stake in shares of CSW Industrials by 1.9% during the third quarter. Vanguard Group Inc. now owns 854,363 shares of the basic materials company’s stock worth $149,719,000 after purchasing an additional 15,809 shares during the period. American Century Companies Inc. increased its stake in shares of CSW Industrials by 62.7% during the third quarter. American Century Companies Inc. now owns 12,804 shares of the basic materials company’s stock worth $2,244,000 after purchasing an additional 4,935 shares during the period. Deutsche Bank AG grew its position in CSW Industrials by 13.0% during the third quarter. Deutsche Bank AG now owns 8,407 shares of the basic materials company’s stock worth $1,473,000 after buying an additional 968 shares in the last quarter. Finally, Comerica Bank acquired a new stake in CSW Industrials during the third quarter worth approximately $2,542,000. Institutional investors own 82.79% of the company’s stock.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total value of $232,360.00. Following the sale, the chief executive officer now owns 50,997 shares of the company’s stock, valued at approximately $11,849,662.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total value of $232,360.00. Following the completion of the transaction, the chief executive officer now directly owns 50,997 shares in the company, valued at approximately $11,849,662.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Don Sullivan sold 7,826 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $230.90, for a total value of $1,807,023.40. Following the completion of the transaction, the executive vice president now owns 28,956 shares of the company’s stock, valued at $6,685,940.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,826 shares of company stock valued at $2,269,443. 1.30% of the stock is currently owned by corporate insiders.

CSW Industrials Trading Up 1.4 %

Shares of NASDAQ:CSWI opened at $238.33 on Friday. The company has a market capitalization of $3.70 billion, a P/E ratio of 38.26, a P/E/G ratio of 1.94 and a beta of 0.73. CSW Industrials, Inc. has a 1 year low of $132.06 and a 1 year high of $243.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40. The business’s 50 day simple moving average is $230.75 and its 200 day simple moving average is $203.38.

CSW Industrials (NASDAQ:CSWI) last issued its earnings results on Thursday, February 1st. The basic materials company reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.10). The business had revenue of $174.97 million during the quarter, compared to analyst estimates of $180.80 million. CSW Industrials had a net margin of 12.47% and a return on equity of 18.47%. On average, research analysts anticipate that CSW Industrials, Inc. will post 6.83 EPS for the current fiscal year.

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.