Hayward (NYSE:HAYW) CEO Sells $840,843.45 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $16.05, for a total value of $840,843.45. Following the completion of the sale, the chief executive officer owned 623,540 shares in the company, valued at approximately $10,007,817. The trade was a 7.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Monday, January 5th, Kevin Holleran sold 52,390 shares of Hayward stock. The stock was sold at an average price of $15.99, for a total value of $837,716.10.
• On Friday, December 5th, Kevin Holleran sold 60,571 shares of Hayward stock. The stock was sold at an average price of $16.13, for a total value of $977,010.23.

Hayward Price Performance

HAYW stock opened at $16.74 on Friday. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $17.73. The firm has a market capitalization of $3.63 billion, a P/E ratio of 27.00, a P/E/G ratio of 1.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31. The business’s 50-day moving average is $16.13 and its two-hundred day moving average is $15.81.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HAYW shares. Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings restated a “hold (c)” rating on shares of Hayward in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $18.00.

Institutional Investors Weigh In On Hayward

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Covestor Ltd grew its holdings in shares of Hayward by 10,452.9% during the third quarter. Covestor Ltd now owns 1,794 shares of the company’s stock worth $27,000 after purchasing an additional 1,777 shares during the last quarter. GAMMA Investing LLC grew its stake in Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after buying an additional 986 shares during the last quarter. IFP Advisors Inc increased its position in Hayward by 103.9% during the fourth quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after buying an additional 1,265 shares during the period. Steph & Co. purchased a new stake in Hayward in the third quarter valued at approximately $41,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Hayward by 669.4% in the fourth quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock valued at $57,000 after acquiring an additional 3,233 shares during the period.

About Hayward

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.