CSW Industrials CEO Armes sells $259,357 in stock

Published 18/08/2025, 22:18
CSW Industrials CEO Armes sells $259,357 in stock

Joseph B. Armes, Chairman, President, and CEO of CSW Industrials (NYSE:CSW), INC. (NASDAQ:CSWI), sold 740 shares of common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $4.4 billion, has seen its stock decline about 19% over the past six months, according to InvestingPro data.

The sales were executed at prices ranging from $255.45 to $268.43, resulting in a total transaction value of $259,357. The stock currently trades at $260.70, with a P/E ratio of 31.29, suggesting a premium valuation relative to earnings growth, as indicated by InvestingPro analysis.

Following the reported transactions, Armes directly owns 62,535 shares of CSW Industrials, INC. common stock and indirectly owns 3,219 shares by ESOP. He also holds performance rights for 47,034 underlying shares of common stock and restricted stock units for 19,685 underlying shares of common stock.

The reported sales were executed under a pre-arranged 10b5-1 trading plan established on September 12, 2024.

In other recent news, CSW Industrials reported its fourth-quarter fiscal year 2025 earnings, achieving an adjusted earnings per share (EPS) of $2.24, which aligned with analyst expectations. However, the company’s revenue came in at $231 million, slightly under the forecasted $233.24 million. Citi analyst Andrew Kaplowitz responded to these earnings by raising the stock price target to $321, while maintaining a Neutral rating. Kaplowitz highlighted the strong performance of the Contractor Solutions segment but noted challenges such as tariff-related costs impacting margins. The company’s EBITDA forecast for Contractor Solutions was adjusted to the low-30% range, down from 33.3% in fiscal year 2025. Additionally, CSW Industrials announced a regular quarterly cash dividend of $0.27 per share, payable on August 8, 2025, to shareholders of record as of July 25, 2025. These developments reflect the company’s ongoing strategic adjustments in response to market conditions.

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