Hayward Holdings, Inc. (NYSE:HAYW) CEO Sells $1,596,000.00 in Stock

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

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 transaction of $612,426.53.

Hayward Trading Down 0.8 %

Shares of NYSE:HAYW opened at $15.78 on Thursday. Hayward Holdings, Inc. has a 12-month low of $11.16 and a 12-month high of $16.87. The company has a market cap of $3.40 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 2.23 and a beta of 1.19. The stock has a 50 day moving average of $15.03 and a 200 day moving average of $14.19. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70.

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

Institutional Investors Weigh In On Hayward

A number of institutional investors have recently bought and sold shares of HAYW. Blue Trust Inc. boosted its stake in shares of Hayward by 2,710.1% in the third quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock worth $34,000 after acquiring an additional 2,141 shares during the period. Innealta Capital LLC purchased a new stake in Hayward during the 2nd quarter valued at approximately $30,000. Capital Performance Advisors LLP bought a new stake in shares of Hayward during the third quarter valued at approximately $43,000. nVerses Capital LLC bought a new stake in shares of Hayward during the second quarter valued at approximately $64,000. Finally, Quest Partners LLC lifted its holdings in shares of Hayward by 217.7% in the second quarter. Quest Partners LLC now owns 7,910 shares of the company’s stock worth $97,000 after buying an additional 5,420 shares in the last quarter.

Analyst Upgrades and Downgrades

HAYW has been the topic of a number of research reports. Robert W. Baird raised their price target on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group boosted their price target on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. 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. Finally, Stifel Nicolaus boosted their target price 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. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.