Pool Co. (NASDAQ:POOL) Vice Chairman De La Mesa Manuel J. Perez sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $312.59, for a total value of $6,251,800.00. Following the sale, the insider now owns 70,289 shares of the company’s stock, valued at $21,971,638.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ POOL opened at $316.70 on Friday. The stock has a market cap of $12.58 billion, a PE ratio of 45.91 and a beta of 0.83. The company has a current ratio of 2.06, a quick ratio of 0.92 and a debt-to-equity ratio of 1.15. Pool Co. has a twelve month low of $160.35 and a twelve month high of $318.71. The stock has a fifty day simple moving average of $277.74 and a 200-day simple moving average of $232.66.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.78. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Pool had a return on equity of 69.72% and a net margin of 8.32%. The company’s revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.22 EPS. Research analysts predict that Pool Co. will post 7.25 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in POOL. Credit Agricole S A purchased a new position in shares of Pool during the 1st quarter worth $31,000. Valeo Financial Advisors LLC grew its holdings in shares of Pool by 397.3% during the 1st quarter. Valeo Financial Advisors LLC now owns 184 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 147 shares during the period. Denali Advisors LLC purchased a new position in shares of Pool during the 2nd quarter worth $82,000. Centaurus Financial Inc. purchased a new position in shares of Pool during the 1st quarter worth $121,000. Finally, Hanseatic Management Services Inc. acquired a new position in Pool during the 1st quarter worth about $130,000. Institutional investors and hedge funds own 91.71% of the company’s stock.

Several analysts recently commented on POOL shares. KeyCorp boosted their price target on Pool from $250.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Robert W. Baird upped their target price on Pool from $258.00 to $271.00 and gave the company an “outperform” rating in a report on Friday, June 19th. Zacks Investment Research cut Pool from a “hold” rating to a “sell” rating and set a $272.00 target price for the company. in a report on Friday, May 29th. Loop Capital upped their target price on Pool from $202.00 to $267.00 and gave the company a “hold” rating in a report on Friday, May 29th. Finally, Berenberg Bank upgraded Pool from a “hold” rating to a “buy” rating and set a $247.00 target price for the company in a report on Monday, May 4th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $255.50.

Pool Company Profile

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.

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Insider Buying and Selling by Quarter for Pool (NASDAQ:POOL)

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