Csw industrials director Robert Swartz sells $70,930 in stock

Published 2025-01-02, 05:26 p/m
CSWI
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Robert M. Swartz, a director at CSW Industrials, Inc. (NASDAQ:CSWI), recently sold 200 shares of the company's common stock. The shares were sold at an average price of $354.65, totaling approximately $70,930. Following this transaction, Swartz retains ownership of 13,719 shares. The sale was conducted under a 10b5-1 trading plan established in September 2024.The transaction comes as CSWI, with a market capitalization of $5.93 billion, has demonstrated strong performance with a 69% return over the past year. According to InvestingPro analysis, the company maintains excellent financial health with a "Great" overall score, though it currently trades above its calculated Fair Value. For deeper insights into CSWI's valuation and 17+ additional ProTips, including detailed insider trading analysis, consider exploring the comprehensive Pro Research Report available on InvestingPro.

In other recent news, CSW Industrials reported significant year-over-year increases in its second quarter of 2025 results, with revenue reaching $228 million and operating cash flow hitting $67 million. Earnings per diluted share stood at $2.26, while EBITDA was $61 million. The company also successfully raised $347 million through a public equity offering, eliminating all outstanding debt. The acquisition of PSP Products is expected to enhance the company's electrical product offerings, although higher costs of goods sold are anticipated in the second half of FY 2025 due to increased ocean freight rates. To counteract these costs, management is considering potential price increases. Goldman Sachs (NYSE:GS), Wells Fargo (NYSE:WFC), and Citi initiated coverage on CSW Industrials with Neutral ratings and price targets of $450, $425, and $466 respectively, suggesting that the current market valuation already accounts for the company's robust fundamentals and potential for shareholder returns. These are some of the recent developments around CSW Industrials.

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