Kevin Holleran Sells 52,389 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $16.05, for a total transaction of $840,843.45. Following the completion of the transaction, the chief executive officer owned 623,540 shares in the company, valued at approximately $10,007,817. This trade represents a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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 transaction of $837,716.10.
• On Friday, December 5th, Kevin Holleran sold 60,571 shares of Hayward stock. The shares were sold at an average price of $16.13, for a total transaction of $977,010.23.

Hayward Stock Performance

Shares of HAYW opened at $15.97 on Friday. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $17.73. The company’s 50 day simple moving average is $16.13 and its 200 day simple moving average is $15.80. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 1.51 and a beta of 1.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.31 and a current ratio of 3.18.

Institutional Investors Weigh In On Hayward

Several institutional investors and hedge funds have recently added to or reduced their stakes in HAYW. Covestor Ltd lifted its stake in shares of Hayward by 10,452.9% in the 3rd quarter. Covestor Ltd now owns 1,794 shares of the company’s stock valued at $27,000 after purchasing an additional 1,777 shares in the last quarter. GAMMA Investing LLC increased its position 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 purchasing an additional 986 shares in the last quarter. Steph & Co. purchased a new position in Hayward in the third quarter valued at approximately $41,000. Farther Finance Advisors LLC lifted its position in Hayward by 669.4% during the fourth quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock valued at $57,000 after buying an additional 3,233 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Hayward by 209.0% during the fourth quarter. Allworth Financial LP now owns 4,474 shares of the company’s stock worth $69,000 after buying an additional 3,026 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HAYW shares. Zacks Research lowered Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hayward in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.00.

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.