Gold prices steady ahead of Fed decision, Trump’s tariff deadline
Perry James E, the Executive Vice President and Chief Financial Officer of CSW Industrials, Inc. (NASDAQ:CSWI), a company currently valued at nearly $5 billion, recently sold a portion of his holdings. According to a Form 4 filing with the Securities and Exchange Commission, Perry sold 145 shares of common stock on April 1, 2025, at a price of $289.10 per share. The stock has since risen to $295.91, suggesting continued market confidence despite the insider sale. This transaction, executed under a 10b5-1 trading plan established in November 2024, amounted to a total value of $41,919.
Following the sale, Perry holds 23,137 shares directly. Additionally, he maintains indirect ownership of 452 shares through an Employee Stock Ownership Plan (ESOP).
In other recent news, CSW Industrials Inc . reported its third-quarter fiscal year 2025 earnings, surpassing Wall Street expectations with an adjusted earnings per share (EPS) of $1.48, higher than the forecast of $1.43. The company’s revenue reached $194 million, exceeding the anticipated $191.87 million, marking an 11% year-over-year increase. The company also achieved a gross profit margin of 41.4%, despite increased freight expenses. In a strategic move, CSW Industrials announced a definitive agreement to acquire Aspen Manufacturing for approximately $313.5 million in cash. This acquisition is expected to immediately enhance CSWI’s earnings per share (EPS) and earnings before interest, taxes, depreciation, and amortization (EBITDA). Truist Securities initiated coverage on CSW Industrials with a Hold rating and set a price target of $362.00. The firm noted CSWI’s consistent delivery of above-average organic growth, supported by strategic mergers and acquisitions. These developments reflect CSWI’s ongoing efforts to strengthen its market position and diversify its revenue streams.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.