Heritage Family Offices LLP Decreases Stock Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

Heritage Family Offices LLP lessened its stake in CSW Industrials, Inc. (NASDAQ:CSWI) by 26.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 709 shares of the basic materials company’s stock after selling 249 shares during the period. Heritage Family Offices LLP’s holdings in CSW Industrials were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of CSW Industrials by 105.9% in the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after buying an additional 36 shares during the last quarter. National Bank of Canada FI purchased a new position in CSW Industrials in the third quarter worth $28,000. V Square Quantitative Management LLC purchased a new position in CSW Industrials in the third quarter worth $30,000. Peterson Financial Group Inc. purchased a new stake in shares of CSW Industrials during the 3rd quarter valued at $72,000. Finally, Nisa Investment Advisors LLC boosted its position in shares of CSW Industrials by 508.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 173 shares in the last quarter. 82.79% of the stock is currently owned by institutional investors.

CSW Industrials Stock Up 2.5 %

CSW Industrials stock opened at $380.41 on Thursday. The stock has a 50-day moving average price of $389.68 and a 200 day moving average price of $351.24. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 51.69 and a beta of 0.85. CSW Industrials, Inc. has a 52 week low of $203.83 and a 52 week high of $436.50.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CSWI shares. StockNews.com upgraded CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Wells Fargo & Company decreased their price objective on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 17th. Citigroup dropped their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, The Goldman Sachs Group lowered their price objective on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CSW Industrials presently has an average rating of “Hold” and a consensus target price of $404.67.

Insider Buying and Selling at CSW Industrials

In other news, Director Robert M. Swartz sold 200 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $354.65, for a total value of $70,930.00. Following the completion of the transaction, the director now owns 13,719 shares of the company’s stock, valued at $4,865,443.35. The trade was a 1.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Luke Alverson sold 1,522 shares of the firm’s 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 sale, the senior vice president now directly owns 15,634 shares in the company, valued at approximately $5,599,473.44. This trade represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,903 shares of company stock worth $3,777,538. 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.