Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 100,000 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 100,000 shares of Hayward stock in a transaction on Monday, November 11th. The stock was sold at an average price of $15.96, for a total transaction of $1,596,000.00. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $8,343,872.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, September 3rd, Kevin Holleran sold 42,857 shares of Hayward stock. The stock was sold at an average price of $14.29, for a total transaction of $612,426.53.

Hayward Stock Down 0.6 %

HAYW opened at $15.90 on Wednesday. The stock’s 50 day moving average price is $14.99 and its 200 day moving average price is $14.18. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69. The stock has a market cap of $3.43 billion, a P/E ratio of 37.86, a P/E/G ratio of 2.25 and a beta of 1.19. Hayward Holdings, Inc. has a 12 month low of $10.72 and a 12 month high of $16.87.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $227.57 million for the quarter, compared to analyst estimates of $222.88 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.08 earnings per share. As a group, research analysts predict that Hayward Holdings, Inc. will post 0.61 earnings per share for the current year.

Institutional Trading of Hayward

A number of institutional investors have recently made changes to their positions in HAYW. American Century Companies Inc. raised its holdings in Hayward by 13.6% during the second quarter. American Century Companies Inc. now owns 4,671,932 shares of the company’s stock worth $57,465,000 after purchasing an additional 558,227 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Hayward by 12.4% in the second quarter. Dimensional Fund Advisors LP now owns 4,267,404 shares of the company’s stock valued at $52,489,000 after buying an additional 469,124 shares during the period. Jane Street Group LLC boosted its stake in Hayward by 241.0% during the first quarter. Jane Street Group LLC now owns 608,218 shares of the company’s stock valued at $9,312,000 after buying an additional 429,851 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Hayward by 24.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,265,794 shares of the company’s stock worth $19,417,000 after acquiring an additional 251,788 shares during the period. Finally, Victory Capital Management Inc. raised its position in Hayward by 4.6% in the second quarter. Victory Capital Management Inc. now owns 5,090,726 shares of the company’s stock worth $62,616,000 after acquiring an additional 222,311 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HAYW shares. KeyCorp increased their price objective on shares of Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Robert W. Baird raised their price target on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Stifel Nicolaus upped their price objective on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, The Goldman Sachs Group raised their target price on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $16.80.

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.