Hayward Holdings, Inc. (NYSE:HAYW) CEO Sells $626,000.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the company’s stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $12.52, for a total transaction of $626,000.00. Following the completion of the sale, the chief executive officer now owns 623,540 shares in the company, valued at $7,806,720.80. This represents a 7.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, February 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $14.52, for a total value of $726,000.00.

Hayward Stock Down 1.8 %

HAYW stock opened at $12.21 on Monday. The stock has a market cap of $2.64 billion, a P/E ratio of 29.07, a P/E/G ratio of 1.87 and a beta of 1.14. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The stock’s fifty day simple moving average is $14.30 and its two-hundred day simple moving average is $15.04. Hayward Holdings, Inc. has a 1-year low of $11.54 and a 1-year high of $16.87.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The company had revenue of $327.08 million for the quarter, compared to the consensus estimate of $302.76 million. Analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Blue Trust Inc. raised its holdings in shares of Hayward by 30.2% in the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock worth $44,000 after purchasing an additional 671 shares during the period. Harbor Investment Advisory LLC increased its position in Hayward by 98.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $78,000 after buying an additional 2,524 shares during the last quarter. KBC Group NV raised its stake in shares of Hayward by 56.2% in the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock valued at $97,000 after buying an additional 2,283 shares during the period. Sterling Capital Management LLC lifted its position in shares of Hayward by 61.9% during the 4th quarter. Sterling Capital Management LLC now owns 8,546 shares of the company’s stock valued at $131,000 after buying an additional 3,268 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company’s stock worth $156,000 after acquiring an additional 2,062 shares during the period.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Robert W. Baird lifted their target price on Hayward from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, February 28th. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price for the company in a report on Wednesday, February 5th. Finally, Wolfe Research cut shares of Hayward from an “outperform” rating to a “peer perform” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.13.

About Hayward

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.