Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) CEO Kevin Holleran sold 52,389 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $13.79, for a total value of $722,444.31. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at $9,670,016.86. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kevin Holleran also recently made the following trade(s):
- On Wednesday, April 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $13.42, for a total value of $703,060.38.
Hayward Stock Performance
NYSE:HAYW traded down $0.01 on Tuesday, hitting $14.00. The stock had a trading volume of 2,031,559 shares, compared to its average volume of 2,765,264. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 1.48 and a beta of 1.12. The company has a quick ratio of 2.47, a current ratio of 3.26 and a debt-to-equity ratio of 0.58. The business’s 50-day simple moving average is $14.24 and its two-hundred day simple moving average is $15.31. Hayward Holdings, Inc. has a 52-week low of $12.93 and a 52-week high of $17.73.
Wall Street Analyst Weigh In
Several brokerages have issued reports on HAYW. Weiss Ratings cut Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 8th. Bank of America decreased their price objective on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $15.00 price objective (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.50.
Read Our Latest Report on Hayward
Institutional Trading of Hayward
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its stake in Hayward by 80.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after purchasing an additional 916 shares during the period. GAMMA Investing LLC raised its stake in Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock valued at $34,000 after purchasing an additional 986 shares during the period. IFP Advisors Inc raised its stake in Hayward by 103.9% during the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after purchasing an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Hayward during the 4th quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC raised its stake in Hayward by 669.4% during the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock valued at $57,000 after purchasing an additional 3,233 shares during the period.
Hayward Company Profile
Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.
Hayward’s product portfolio is organized into several core categories.
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