Latham Group (NASDAQ:SWIM – Get Free Report) had its target price hoisted by investment analysts at Barclays from $3.00 to $6.00 in a report released on Monday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price objective points to a potential upside of 9.09% from the stock’s current price.
Separately, Robert W. Baird upped their price target on shares of Latham Group from $5.00 to $5.50 and gave the company an “outperform” rating in a report on Wednesday, August 7th.
View Our Latest Research Report on SWIM
Latham Group Price Performance
Insider Buying and Selling
In other Latham Group news, VP Suraj Kunchala sold 10,139 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $5.06, for a total value of $51,303.34. Following the sale, the vice president now directly owns 38,748 shares in the company, valued at approximately $196,064.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.60% of the stock is currently owned by insiders.
Institutional Trading of Latham Group
A number of hedge funds have recently modified their holdings of SWIM. Tower Research Capital LLC TRC increased its position in shares of Latham Group by 113.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,388 shares of the company’s stock valued at $30,000 after purchasing an additional 6,060 shares during the period. Quadrature Capital Ltd bought a new stake in Latham Group in the 4th quarter valued at $32,000. Diversified Trust Co acquired a new position in shares of Latham Group in the 2nd quarter valued at $34,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Latham Group by 69.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 10,967 shares of the company’s stock worth $43,000 after acquiring an additional 4,484 shares during the period. Finally, Oxford Asset Management LLP acquired a new stake in shares of Latham Group during the 4th quarter valued at about $46,000. Institutional investors own 83.95% of the company’s stock.
Latham Group Company Profile
Latham Group, Inc designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names.
Read More
- Five stocks we like better than Latham Group
- What is a Stock Market Index and How Do You Use Them?
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- Business Services Stocks Investing
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- What to Know About Investing in Penny Stocks
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
Receive News & Ratings for Latham Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Latham Group and related companies with MarketBeat.com's FREE daily email newsletter.