Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 42,857 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $12.13, for a total value of $519,855.41. Following the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $6,341,551.87. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kevin Holleran also recently made the following trade(s):

• On Wednesday, June 5th, Kevin Holleran sold 42,857 shares of Hayward stock. The shares were sold at an average price of $13.96, for a total value of $598,283.72.
• On Monday, May 6th, Kevin Holleran sold 42,857 shares of Hayward stock. The shares were sold at an average price of $14.36, for a total value of $615,426.52.
• On Wednesday, April 17th, Kevin Holleran sold 42,857 shares of Hayward stock. The stock was sold at an average price of $13.34, for a total transaction of $571,712.38.

Hayward Stock Performance

NYSE HAYW traded up $0.13 on Wednesday, hitting $12.22. The stock had a trading volume of 826,883 shares, compared to its average volume of 1,266,043. The company’s 50-day moving average is $13.79 and its two-hundred day moving average is $13.62. Hayward Holdings, Inc. has a one year low of $9.80 and a one year high of $16.04. The company has a quick ratio of 2.34, a current ratio of 3.37 and a debt-to-equity ratio of 0.82. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 33.63, a P/E/G ratio of 1.69 and a beta of 1.21.

Hayward (NYSE:HAYW) last issued its earnings results on Thursday, May 2nd. The company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The business had revenue of $212.57 million during the quarter, compared to analysts’ expectations of $207.33 million. Hayward had a return on equity of 9.46% and a net margin of 8.25%. On average, analysts expect that Hayward Holdings, Inc. will post 0.57 earnings per share for the current year.

Institutional Trading of Hayward

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Hayward by 0.4% in the first quarter. Vanguard Group Inc. now owns 14,755,190 shares of the company’s stock valued at $225,902,000 after purchasing an additional 51,488 shares in the last quarter. Schroder Investment Management Group increased its holdings in Hayward by 17.5% in the fourth quarter. Schroder Investment Management Group now owns 3,670,574 shares of the company’s stock worth $49,920,000 after buying an additional 546,400 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Hayward by 24.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,419,859 shares of the company’s stock valued at $46,511,000 after acquiring an additional 662,795 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Hayward by 7.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,082,408 shares of the company’s stock valued at $41,921,000 after acquiring an additional 226,401 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Hayward by 24.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,526,677 shares of the company’s stock worth $34,363,000 after acquiring an additional 491,971 shares in the last quarter.

Wall Street Analyst Weigh In

HAYW has been the topic of a number of recent analyst reports. Stifel Nicolaus upped their target price on shares of Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a research note on Tuesday, March 5th. The Goldman Sachs Group reduced their target price on Hayward from $15.00 to $13.00 and set a “neutral” rating on the stock in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Hayward currently has an average rating of “Hold” and a consensus price target of $14.30.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.