Key Points
- CEO Kevin Holleran sold 52,390 shares on Jan. 5 at an average price of $15.99 for $837,716, reducing his holding by 7.75% to 623,540 shares (≈$9.97M).
- The Jan. 5 transaction continues a recent pattern of insider selling — Holleran also sold 60,571 shares on Dec. 5 and another 60,571 on Nov. 3 — signaling ongoing disposition of stock by management.
- Hayward recently reported an earnings beat (Q: $0.14 EPS vs $0.12 est.) with revenue up 7.3% to $244.34M; the stock trades near $15.59, market cap ~$3.38B, and carries a consensus "Hold" rating with an average price target of $18.
Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 52,390 shares of Hayward stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $15.99, for a total transaction of $837,716.10. Following the completion of the sale, the chief executive officer directly owned 623,540 shares in the company, valued at approximately $9,970,404.60. The trade was a 7.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Kevin Holleran also recently made the following trade(s):
- 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 transaction of $977,010.23.
- On Monday, November 3rd, Kevin Holleran sold 60,571 shares of Hayward stock. The shares were sold at an average price of $16.74, for a total transaction of $1,013,958.54.
Hayward Price Performance
Shares of HAYW opened at $15.59 on Thursday. The company has a current ratio of 3.18, a quick ratio of 2.31 and a debt-to-equity ratio of 0.62. The stock's 50 day moving average is $15.98 and its two-hundred day moving average is $15.50. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $17.73. The firm has a market capitalization of $3.38 billion, a PE ratio of 25.15, a P/E/G ratio of 1.49 and a beta of 1.13.
Hayward (NYSE:HAYW - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Hayward had a return on equity of 11.24% and a net margin of 12.54%.The business had revenue of $244.34 million during the quarter, compared to analysts' expectations of $231.46 million. During the same period last year, the firm earned $0.11 EPS. The company's quarterly revenue was up 7.3% compared to the same quarter last year. Research analysts anticipate that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.
Institutional Investors Weigh In On Hayward
A number of large investors have recently added to or reduced their stakes in HAYW. Amalgamated Bank increased its position in Hayward by 1.7% during the second quarter. Amalgamated Bank now owns 43,996 shares of the company's stock worth $607,000 after buying an additional 724 shares in the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of Hayward by 1.2% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 76,598 shares of the company's stock valued at $1,158,000 after acquiring an additional 886 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of 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 acquiring an additional 986 shares during the period. Yousif Capital Management LLC boosted its position in shares of Hayward by 2.0% in the second quarter. Yousif Capital Management LLC now owns 53,670 shares of the company's stock worth $741,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of Hayward by 19.3% in the third quarter. Harbor Investment Advisory LLC now owns 7,842 shares of the company's stock worth $119,000 after acquiring an additional 1,271 shares during the last quarter.
Analyst Ratings Changes
Several analysts recently commented on HAYW shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Hayward in a research note on Monday, December 29th. Zacks Research downgraded shares of Hayward from a "strong-buy" rating to a "hold" rating in a research report 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. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $18.00.
View Our Latest Report on HAYW
About Hayward
(
Get Free Report)
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.
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