Following these transactions, Sullivan retains direct ownership of 29,004 shares in the company. The sales were conducted under a pre-established 10b5-1 trading plan, which was set up on September 13, 2024. This plan allows executives to sell a predetermined number of shares at a predetermined time, providing an opportunity to avoid accusations of insider trading. With the company’s next earnings report scheduled for January 30, 2025, investors seeking deeper insights can access comprehensive valuation metrics and 15+ additional ProTips through InvestingPro’s detailed research reports. With the company’s next earnings report scheduled for January 30, 2025, investors seeking deeper insights can access comprehensive valuation metrics and 15+ additional ProTips through InvestingPro’s detailed research reports.
Following these transactions, Sullivan retains direct ownership of 29,004 shares in the company. The sales were conducted under a pre-established 10b5-1 trading plan, which was set up on September 13, 2024. This plan allows executives to sell a predetermined number of shares at a predetermined time, providing an opportunity to avoid accusations of insider trading.
In other recent news, CSW Industrials (NASDAQ:CSWI) reported notable 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 successfully raised $347 million through a public equity offering, eliminating all outstanding debt. CSW Industrials also acquired PSP Products, a move expected to enhance the company’s electrical product offerings. However, the company anticipates higher costs of goods sold in the second half of FY 2025 due to increased ocean freight rates, and management is considering potential price increases.
Goldman Sachs initiated coverage on CSW Industrials with a Neutral rating and a price target of $450, citing that the current stock valuation already reflects the company’s growth prospects. Wells Fargo (NYSE:WFC) and Citi also initiated coverage with Equal Weight and Neutral ratings respectively, and price targets of $425 and $466. Analysts from James Perry recognized the challenge of higher costs but indicated the company’s readiness to manage these through pricing strategies. These are some of the recent developments around CSW Industrials.
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