Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) CEO Kevin Holleran sold 120,000 shares of Hayward stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $12,117,323.52. This represents a 14.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kevin Holleran also recently made the following trade(s):
- On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $17.07, for a total transaction of $853,500.00.
- On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $13.79, for a total transaction of $722,444.31.
Hayward Trading Down 1.9%
NYSE HAYW opened at $16.99 on Thursday. The firm has a 50 day simple moving average of $14.71 and a 200-day simple moving average of $15.18. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.82 and a beta of 1.07.
Analyst Ratings Changes
HAYW has been the subject of a number of analyst reports. Jefferies Financial Group reissued a “hold” rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Zacks Research downgraded shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Bank of America lowered their price target on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hayward has a consensus rating of “Hold” and an average price target of $17.50.
Read Our Latest Research Report on Hayward
Institutional Trading of Hayward
Institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. purchased a new stake in shares of Hayward in the 3rd quarter valued at about $37,846,000. Vanguard Group Inc. increased its position in Hayward by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock worth $323,416,000 after buying an additional 105,472 shares during the period. Jackson Creek Investment Advisors LLC acquired a new position in Hayward during the fourth quarter worth approximately $1,744,000. American Century Companies Inc. lifted its stake in Hayward by 3.3% in the third quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after buying an additional 211,075 shares during the last quarter. Finally, Fiduciary Management Inc. WI lifted its stake in Hayward by 13.2% in the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock valued at $140,438,000 after buying an additional 1,063,380 shares during the last quarter.
Hayward Company Profile
Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.
Hayward’s product portfolio is organized into several core categories.
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