Rick Roetken Sells 12,000 Shares of Hayward Holdings, Inc. (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) insider Rick Roetken sold 12,000 shares of the company’s stock in a transaction on Tuesday, September 21st. The stock was sold at an average price of $22.29, for a total value of $267,480.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of HAYW stock traded up $0.21 during trading hours on Wednesday, reaching $22.60. The company had a trading volume of 1,257,614 shares, compared to its average volume of 834,797. Hayward Holdings, Inc. has a 12 month low of $15.61 and a 12 month high of $26.82. The company has a quick ratio of 1.73, a current ratio of 2.38 and a debt-to-equity ratio of 0.77. The firm has a fifty day moving average of $22.09.

Hayward (NYSE:HAYW) last posted its earnings results on Sunday, August 1st. The company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.02. The company had revenue of $364.40 million during the quarter, compared to the consensus estimate of $346.70 million. On average, equities research analysts anticipate that Hayward Holdings, Inc. will post 1.83 earnings per share for the current fiscal year.

HAYW has been the subject of several recent research reports. Zacks Investment Research raised Hayward from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Thursday, August 19th. Morgan Stanley decreased their target price on Hayward from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 3rd. BMO Capital Markets assumed coverage on Hayward in a research note on Wednesday, June 9th. They set a “market perform” rating and a $26.00 target price for the company. Finally, KeyCorp raised their target price on Hayward from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 8th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $25.25.

Several hedge funds have recently bought and sold shares of the company. Morgan Stanley lifted its holdings in shares of Hayward by 290.7% in the second quarter. Morgan Stanley now owns 133,533 shares of the company’s stock valued at $3,475,000 after purchasing an additional 99,358 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in Hayward by 1,545.4% during the second quarter. 1832 Asset Management L.P. now owns 275,930 shares of the company’s stock worth $7,041,000 after acquiring an additional 259,160 shares during the period. Wells Fargo & Company MN lifted its holdings in Hayward by 7.3% during the second quarter. Wells Fargo & Company MN now owns 75,939 shares of the company’s stock worth $1,976,000 after acquiring an additional 5,149 shares during the period. Woodline Partners LP lifted its holdings in Hayward by 2.8% during the second quarter. Woodline Partners LP now owns 272,746 shares of the company’s stock worth $7,097,000 after acquiring an additional 7,489 shares during the period. Finally, Invesco Ltd. bought a new stake in Hayward during the second quarter worth $670,000. Institutional investors own 52.99% of the company’s stock.

About Hayward

Hayward Holdings, Inc operates as a designer, manufacturer, and marketer of various pool equipment and associated automation systems. The company offers a range of pool equipment, including pumps, filters, heaters, automatic cleaners, sanitizers, controls, and LED lights, as well as industrial thermoplastic valves and process liquid control products for in-ground residential pools, above ground pools, and commercial pools.

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Insider Buying and Selling by Quarter for Hayward (NYSE:HAYW)

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