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 business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $14.36, for a total transaction of $615,426.52. Following the completion of the sale, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $7,507,393.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, April 17th, Kevin Holleran sold 42,857 shares of Hayward stock. The shares were 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 stock was sold at an average price of $15.14, for a total transaction of $930,035.06.

Hayward Trading Up 0.3 %

Shares of NYSE HAYW opened at $14.46 on Wednesday. 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 50 day moving average price of $14.19 and a two-hundred day moving average price of $13.03. The stock has a market cap of $3.11 billion, a P/E ratio of 40.17, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. Hayward had a net margin of 8.25% and a return on equity of 9.46%. The firm had revenue of $278.50 million during the quarter, compared to analysts’ expectations of $271.47 million. During the same period in the prior year, the company posted $0.10 EPS. The company’s revenue was up 7.5% on a year-over-year basis. As a group, equities analysts forecast that Hayward Holdings, Inc. will post 0.57 EPS for the current year.

Hedge Funds Weigh In On Hayward

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacer Advisors Inc. acquired a new position in Hayward in the 4th quarter valued at approximately $37,000. GAMMA Investing LLC boosted its stake in shares of Hayward by 178.5% in the 1st quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock valued at $41,000 after purchasing an additional 1,714 shares during the last quarter. Numerai GP LLC bought a new stake in shares of Hayward in the 3rd quarter valued at $146,000. Teacher Retirement System of Texas bought a new stake in shares of Hayward in the 3rd quarter valued at $161,000. Finally, Moody National Bank Trust Division bought a new stake in shares of Hayward in the 1st quarter valued at $164,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on HAYW shares. TheStreet raised shares of Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. Stifel Nicolaus upped their price objective on shares of Hayward from $13.50 to $14.50 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. The Goldman Sachs Group upped their price objective on shares of Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, March 4th. Finally, Jefferies Financial Group cut shares of Hayward from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $15.00 to $14.00 in a research report on Thursday, January 11th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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.