Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $17.07, for a total transaction of $853,500.00. Following the transaction, the chief executive officer owned 701,234 shares of the company’s stock, valued at $11,970,064.38. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kevin Holleran also recently made the following trade(s):
- On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00.
- On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $13.79, for a total value of $722,444.31.
Hayward Stock Down 1.9%
Hayward stock traded down $0.32 during trading on Wednesday, hitting $16.99. 3,575,965 shares of the company were exchanged, compared to its average volume of 2,301,240. The business’s 50 day moving average is $14.67 and its 200 day moving average is $15.18. Hayward Holdings, Inc. has a 52 week low of $12.93 and a 52 week high of $17.73. The company has a market capitalization of $3.69 billion, a P/E ratio of 23.27, a PEG ratio of 1.78 and a beta of 1.12. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Jefferies Financial Group reiterated 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. Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Bank of America dropped 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. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $17.50.
View Our Latest Research Report on Hayward
Institutional Investors Weigh In On Hayward
Several institutional investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. boosted its position in Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after purchasing an additional 916 shares during the period. GAMMA Investing LLC raised its position in shares of Hayward by 82.4% in the fourth 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 lifted its stake in shares of 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 buying an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Hayward during the 4th quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC boosted its holdings in Hayward by 669.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock worth $57,000 after buying 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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