Following these transactions, Sullivan retains direct ownership of 29,004 shares in the company. The sales were made under a predetermined 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 insider trading charges. 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 via InvestingProdetailed 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 via InvestingProdetailed research reports.
Following these transactions, Sullivan retains direct ownership of 29,004 shares in the company. The sales were made under a predetermined 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 insider trading charges.
In other recent news, CSW Industrials (NASDAQ: ) reported a significant increase in Q2 2025 results over the previous year, with revenue reaching $228 million and operating cash flow of $67 million. Earnings per diluted share were $2.26, while EBITDA was $61 million. The company successfully raised $347 million through a public stock offering, eliminating all outstanding debt. CSW Industrials has also acquired PSP Products, which is expected to enhance the company’s electrical product offering. However, the company anticipates higher cost of goods sold in the second half of fiscal 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 $450 price target, stating that the stock’s current valuation already reflects the company’s growth prospects. Wells Fargo (NYSE: ) and Citi also initiated coverage with Equal Weight and Neutral ratings, respectively, and price targets of $425 and $466. Analysts at James Perry recognized the challenge of higher costs, but indicated the company’s willingness to manage them through pricing strategies. These are some of the recent developments surrounding CSW Industrials.
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