Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 50,000 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares in the company, valued at $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, November 11th, Kevin Holleran sold 100,000 shares of Hayward stock. The shares were sold at an average price of $15.96, for a total value of $1,596,000.00.

Hayward Price Performance

Shares of HAYW stock opened at $14.25 on Wednesday. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 1.95 and a beta of 1.16. Hayward Holdings, Inc. has a 12 month low of $11.96 and a 12 month high of $16.87. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. The stock has a 50-day moving average price of $15.36 and a 200 day moving average price of $15.00.

Institutional Investors Weigh In On Hayward

Institutional investors have recently modified their holdings of the business. Blue Trust Inc. boosted its stake in Hayward by 2,710.1% in the third quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock valued at $34,000 after acquiring an additional 2,141 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Hayward in the 3rd quarter valued at $43,000. True Wealth Design LLC bought a new position in shares of Hayward in the 3rd quarter worth $44,000. Harbor Investment Advisory LLC grew its stake in shares of Hayward by 98.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $78,000 after purchasing an additional 2,524 shares during the period. Finally, KBC Group NV increased its holdings in Hayward by 56.2% in the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock valued at $97,000 after purchasing an additional 2,283 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on HAYW shares. Robert W. Baird raised their target price on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Stifel Nicolaus raised their price objective on shares of Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a research report on Monday, October 28th. The Goldman Sachs Group boosted their target price on shares of Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Finally, KeyCorp reissued a “sector weight” rating on shares of Hayward in a research note on Monday, January 6th.

About Hayward

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.