Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 42,857 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $13.34, for a total value of $571,712.38. Following the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $6,974,138.66. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

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

Hayward Stock Up 0.3 %

Shares of HAYW opened at $13.21 on Friday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 36.70 and a beta of 1.22. Hayward Holdings, Inc. has a 1 year low of $9.80 and a 1 year high of $16.04. The business’s 50 day simple moving average is $14.03 and its 200-day simple moving average is $12.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.02 and a quick ratio of 2.13.

Hayward (NYSE:HAYW) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $278.50 million for the quarter, compared to analysts’ expectations of $271.47 million. Hayward had a return on equity of 9.55% and a net margin of 8.13%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. As a group, equities analysts expect that Hayward Holdings, Inc. will post 0.57 earnings per share for the current fiscal year.

Institutional Trading of Hayward

Hedge funds have recently modified their holdings of the company. Public Sector Pension Investment Board purchased a new stake in Hayward during the 3rd quarter valued at $2,202,000. WCM Investment Management LLC raised its holdings in Hayward by 11.2% during the 4th quarter. WCM Investment Management LLC now owns 2,129,882 shares of the company’s stock valued at $29,179,000 after buying an additional 214,991 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in Hayward during the 3rd quarter valued at $1,177,000. Barclays PLC raised its holdings in Hayward by 61.6% during the 3rd quarter. Barclays PLC now owns 128,810 shares of the company’s stock valued at $1,817,000 after buying an additional 49,110 shares during the period. Finally, Rhumbline Advisers raised its holdings in Hayward by 216.9% during the 3rd quarter. Rhumbline Advisers now owns 335,927 shares of the company’s stock valued at $4,737,000 after buying an additional 229,926 shares during the period.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Jefferies Financial Group cut Hayward from a “buy” rating to a “hold” rating and lowered their price target for the stock from $15.00 to $14.00 in a report on Thursday, January 11th. TheStreet raised Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. The Goldman Sachs Group boosted their price target on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. Finally, Stifel Nicolaus boosted 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. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price 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.