Latham Group, Inc. $SWIM Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lessened its holdings in shares of Latham Group, Inc. (NASDAQ:SWIM) by 53.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 345,264 shares of the company’s stock after selling 399,031 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in Latham Group were worth $2,220,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Voss Capital LP increased its position in Latham Group by 9.9% during the 1st quarter. Voss Capital LP now owns 5,676,715 shares of the company’s stock worth $36,501,000 after purchasing an additional 512,537 shares in the last quarter. CenterBook Partners LP increased its position in Latham Group by 9.9% during the 1st quarter. CenterBook Partners LP now owns 1,265,210 shares of the company’s stock worth $8,135,000 after purchasing an additional 113,676 shares in the last quarter. Bridgeway Capital Management LLC increased its position in Latham Group by 3.6% during the 1st quarter. Bridgeway Capital Management LLC now owns 807,507 shares of the company’s stock worth $5,192,000 after purchasing an additional 27,916 shares in the last quarter. Wellington Management Group LLP acquired a new stake in Latham Group during the 1st quarter worth approximately $4,382,000. Finally, AYAL Capital Advisors Ltd acquired a new stake in Latham Group during the 1st quarter worth approximately $3,652,000. Institutional investors and hedge funds own 83.95% of the company’s stock.

Insider Transactions at Latham Group

In other news, Director Frank J. Dellaquila acquired 5,000 shares of the stock in a transaction on Friday, August 22nd. The stock was bought at an average price of $8.24 per share, with a total value of $41,200.00. Following the completion of the transaction, the director directly owned 21,814 shares of the company’s stock, valued at $179,747.36. The trade was a 29.74% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 8.60% of the stock is owned by company insiders.

Latham Group Stock Down 1.1%

SWIM opened at $7.82 on Thursday. The firm has a 50 day moving average price of $7.30 and a 200 day moving average price of $6.47. The company has a market cap of $911.34 million, a PE ratio of -65.16 and a beta of 1.74. Latham Group, Inc. has a 1 year low of $4.56 and a 1 year high of $8.46. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.51 and a current ratio of 2.39.

Latham Group Profile

Latham Group, Inc designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names.