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 firm’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the sale, the chief executive officer now directly owns 522,799 shares in the company, valued at $6,974,138.66. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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 transaction of $930,035.06.

Hayward Stock Down 0.6 %

NYSE:HAYW traded down $0.08 during mid-day trading on Thursday, hitting $13.17. The company had a trading volume of 919,547 shares, compared to its average volume of 1,352,983. The business has a fifty day simple moving average of $14.03 and a 200-day simple moving average of $12.98. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 36.50 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 company has a current ratio of 3.02, a quick ratio of 2.13 and a debt-to-equity ratio of 0.82.

Hayward (NYSE:HAYW) last announced its earnings results on Thursday, February 29th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $278.50 million for the quarter, compared to the consensus estimate of $271.47 million. Hayward had a return on equity of 9.55% and a net margin of 8.13%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.10 EPS. Equities analysts forecast that Hayward Holdings, Inc. will post 0.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. MetLife Investment Management LLC increased its stake in Hayward by 56.8% during the 2nd quarter. MetLife Investment Management LLC now owns 2,186 shares of the company’s stock worth $28,000 after buying an additional 792 shares during the period. Advisory Services Network LLC grew its stake in shares of Hayward by 44.7% during the first quarter. Advisory Services Network LLC now owns 3,237 shares of the company’s stock valued at $38,000 after acquiring an additional 1,000 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of Hayward by 22.9% during the second quarter. SRS Capital Advisors Inc. now owns 6,472 shares of the company’s stock worth $83,000 after acquiring an additional 1,204 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in Hayward by 8.6% in the fourth quarter. Advisor Group Holdings Inc. now owns 18,579 shares of the company’s stock valued at $176,000 after purchasing an additional 1,477 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in Hayward by 2.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 55,590 shares of the company’s stock valued at $756,000 after purchasing an additional 1,518 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. TheStreet upgraded shares of Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. The Goldman Sachs Group upped their price objective on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. Stifel Nicolaus increased their target price on Hayward from $13.50 to $14.50 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. Finally, Jefferies Financial Group downgraded Hayward from a “buy” rating to a “hold” rating and lowered their price target for the company 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 assigned a buy rating to the company. According to MarketBeat.com, Hayward currently has an average rating of “Hold” and a consensus 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.