Hayward Holdings, Inc. (NYSE:HAYW) CEO Sells $615,426.52 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $14.36, for a total transaction of $615,426.52. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares in the company, valued at $7,507,393.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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.
• On Monday, April 1st, Kevin Holleran sold 61,429 shares of Hayward stock. The shares were sold at an average price of $15.14, for a total value of $930,035.06.

Hayward Trading Up 0.3 %

Shares of Hayward stock traded up $0.05 on Tuesday, reaching $14.46. The company had a trading volume of 1,016,966 shares, compared to its average volume of 1,374,414. The firm’s 50 day moving average price is $14.16 and its two-hundred day moving average price is $13.02. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.34 and a current ratio of 3.37. Hayward Holdings, Inc. has a 52-week low of $9.80 and a 52-week high of $16.04. The firm has a market cap of $3.11 billion, a PE ratio of 40.08, a PEG ratio of 1.92 and a beta of 1.25.

Hayward (NYSE:HAYW) last announced its earnings results on Thursday, February 29th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Hayward had a return on equity of 9.46% and a net margin of 8.25%. The company had revenue of $278.50 million for the quarter, compared to analyst estimates of $271.47 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Sell-side analysts predict that Hayward Holdings, Inc. will post 0.57 earnings per share for the current fiscal year.

Institutional Trading of Hayward

A number of institutional investors and hedge funds have recently bought and sold shares of HAYW. Pacer Advisors Inc. acquired a new position in Hayward during the 4th quarter worth $37,000. GAMMA Investing LLC raised its holdings in Hayward by 178.5% in the first quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock valued at $41,000 after acquiring an additional 1,714 shares in the last quarter. Numerai GP LLC purchased a new position in Hayward in the third quarter worth approximately $146,000. Teacher Retirement System of Texas acquired a new position in Hayward during the 3rd quarter worth approximately $161,000. Finally, Moody National Bank Trust Division purchased a new stake in shares of Hayward in the 1st quarter valued at approximately $164,000.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Stifel Nicolaus lifted their price target on Hayward from $13.50 to $14.50 and gave the stock a “hold” rating in a report on Tuesday, March 5th. Jefferies Financial Group lowered shares of Hayward from a “buy” rating to a “hold” rating and decreased their target price for the company from $15.00 to $14.00 in a report on Thursday, January 11th. The Goldman Sachs Group lifted their price target on shares of Hayward from $12.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, March 4th. Finally, TheStreet upgraded Hayward from a “d+” rating to a “c-” rating in a research report on Monday, January 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $14.70.

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.