Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CSW Industrials Inc shares valued at $404,741 were purchased by Armes Joseph B on Nov 15 ’24. At $404.74 per share, Armes Joseph B acquired 1,000 shares.
Also, Armes Joseph B sold 1,000 shares, netting a total of over 404,793 in proceeds. Following the sale of shares at $404.79 each, the insider now holds 50,698 shares.
Before that, UNDERWOOD JEFF had sold 362 shares from its account. In a trade valued at $150,987, the SVP, GM Contractor Solutions traded CSW Industrials Inc shares for $417.09 each. Upon closing the transaction, the insider’s holdings decreased to 362 shares, worth approximately $1.86 million.
As published in their initiating research note from Wells Fargo on November 25, 2024, CSW Industrials Inc [CSWI] has been an Equal weight and the price target has been revised to $425. Analysts at CL King started covering the stock with ‘”a Buy”‘ outlook in a report released in late June. As of March 31, 2022, Sidoti has initiated its “Buy” rating for CSWI. Earlier on January 19, 2021, Barrington Research initiated its rating. Their recommendation was “an Outperform” for CSWI stock.
Analyzing CSWI Stock Performance
During the last five days, there has been a surge of approximately 1.26%. Over the course of the year, CSW Industrials Inc shares have jumped approximately 101.16%. Shares of the company reached a 52-week high of $436.50 on 11/25/24 and a 52-week low of $200.50 on 01/08/24. A 50-day SMA is recorded $386.79, while a 200-day SMA reached $295.97. Nevertheless, trading volume fell to 75377.0 shares from 0.13 million shares the previous day.
Support And Resistance Levels for CSW Industrials Inc (CSWI)
According to the 24-hour chart, there is a support level at 411.05, which, if violated, would cause prices to drop to 404.86. In the upper region, resistance lies at 425.61. The next price resistance is at 433.99. RSI (Relative Strength Index) is 58.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.07, which suggests the price will increase in the coming days. Percent R is at 55.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
