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Joseph B. Armes, Chairman, President, and CEO of CSW Industrials, Inc. (NASDAQ:CSWI), recently sold shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transactions, executed on March 14, 2025, involved the sale of 1,000 shares at prices ranging from $286.24 to $291.12, totaling approximately $289,971. The sale comes as the stock has declined nearly 19% year-to-date, though it maintains a market capitalization of $4.8 billion. According to InvestingPro analysis, the company currently trades above its Fair Value.
Following these transactions, Armes holds 46,848 shares directly. The sales were conducted under a pre-established 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stocks. This plan was established on September 12, 2024. InvestingPro data shows the company maintains strong financial health with an overall rating of "GREAT" and holds more cash than debt on its balance sheet.
CSW Industrials, based in Dallas, Texas, operates in the industrial products sector, focusing on adhesives and sealants. The company boasts impressive profitability metrics, with a gross profit margin of 45% and strong returns on equity of 16%. As a key executive, Armes’ stock transactions are closely monitored by investors and analysts for insights into the company’s performance and insider sentiment. For deeper analysis, investors can access comprehensive financial metrics and 13 additional ProTips through InvestingPro’s detailed research reports.
In other recent news, CSW Industrials Inc . reported its third-quarter fiscal year 2025 earnings, surpassing Wall Street expectations. The company achieved an adjusted earnings per share of $1.48, exceeding the forecasted $1.43, and reported revenue of $194 million, surpassing the anticipated $191.87 million. This marks an 11% year-over-year increase in revenue, with the Contractor Solutions segment accounting for 67% of total revenue. Additionally, CSW Industrials announced a definitive agreement to acquire Aspen Manufacturing for approximately $313.5 million in cash, aiming to enhance its product portfolio in the HVAC/R market. This acquisition is expected to be immediately accretive to the company’s earnings per share and EBITDA. Truist Securities initiated coverage on CSW Industrials with a Hold rating and set a price target of $362, citing the company’s consistent delivery of above-average organic growth supported by strategic mergers and acquisitions. The company’s acquisition strategy, including the recent purchase of Waterworks, is anticipated to bolster its product offerings and market position. CSW Industrials plans to fund the Aspen acquisition through cash on hand and debt under its existing $500 million credit facility, with the transaction expected to close in the first quarter of its 2026 fiscal year.
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