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

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

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

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

Hayward Stock Down 0.6 %

Shares of NYSE HAYW traded down $0.09 during midday trading on Tuesday, reaching $15.90. The company’s stock had a trading volume of 1,885,394 shares, compared to its average volume of 1,500,496. Hayward Holdings, Inc. has a fifty-two week low of $10.72 and a fifty-two week high of $16.87. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The stock has a 50 day simple moving average of $14.99 and a 200-day simple moving average of $14.18. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 38.07, a PEG ratio of 2.25 and a beta of 1.19.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $227.57 million during the quarter, compared to analysts’ expectations of $222.88 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Hayward’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.08 earnings per share. Equities research analysts predict that Hayward Holdings, Inc. will post 0.61 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on HAYW. Stifel Nicolaus upped their target price on Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a research note on Monday, October 28th. KeyCorp raised their price target on Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. The Goldman Sachs Group boosted their price target on shares of Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Robert W. Baird boosted their target price on shares of Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a report 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. According to MarketBeat.com, Hayward currently has an average rating of “Hold” and an average price target of $16.80.

Institutional Trading of Hayward

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in Hayward by 2,710.1% during the 3rd quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock valued at $34,000 after purchasing an additional 2,141 shares during the period. Innealta Capital LLC acquired a new stake in Hayward during the 2nd quarter valued at approximately $30,000. Capital Performance Advisors LLP acquired a new stake in Hayward during the 3rd quarter valued at approximately $43,000. nVerses Capital LLC acquired a new stake in Hayward during the 2nd quarter valued at approximately $64,000. Finally, Quest Partners LLC grew its position in shares of Hayward by 217.7% during the 2nd quarter. Quest Partners LLC now owns 7,910 shares of the company’s stock worth $97,000 after buying an additional 5,420 shares during the period.

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.