Hilltop National Bank Has $113,000 Stake in CSW Industrials, Inc. (NASDAQ:CSWI)

Hilltop National Bank decreased its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 319 shares of the basic materials company’s stock after selling 30 shares during the period. Hilltop National Bank’s holdings in CSW Industrials were worth $113,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. GAMMA Investing LLC increased its stake in shares of CSW Industrials by 105.9% during the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 36 shares during the last quarter. National Bank of Canada FI bought a new position in shares of CSW Industrials during the 3rd quarter worth approximately $28,000. V Square Quantitative Management LLC acquired a new position in shares of CSW Industrials during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new position in shares of CSW Industrials during the 3rd quarter worth approximately $72,000. Finally, Nisa Investment Advisors LLC boosted its position in CSW Industrials by 508.8% during the third 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 during the period. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert M. Swartz sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $354.65, for a total value of $70,930.00. Following the sale, the director now directly owns 13,719 shares in the company, valued at approximately $4,865,443.35. This trade represents a 1.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $389.78, for a total transaction of $389,780.00. Following the completion of the sale, the chief executive officer now owns 49,698 shares in the company, valued at approximately $19,371,286.44. The trade was a 1.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,581 shares of company stock worth $2,567,794 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

CSW Industrials Stock Performance

CSWI stock opened at $362.10 on Friday. The company has a market capitalization of $6.09 billion, a PE ratio of 49.20 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. The company’s 50-day simple moving average is $390.26 and its 200 day simple moving average is $348.40.

Analyst Ratings Changes

Several brokerages have recently weighed in on CSWI. Citigroup raised shares of CSW Industrials to a “hold” rating in a research report on Wednesday, November 13th. StockNews.com raised shares of CSW Industrials from a “hold” rating to a “buy” rating in a research report on Friday, December 6th. The Goldman Sachs Group started coverage on shares of CSW Industrials in a research report on Friday, December 6th. They issued a “neutral” rating and a $450.00 price objective on the stock. Finally, Wells Fargo & Company decreased their price target on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, CSW Industrials currently has a consensus rating of “Hold” and a consensus price target of $430.00.

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.