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 business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $16.05, for a total transaction of $840,843.45. Following the sale, the chief executive officer owned 623,540 shares of the company’s stock, valued at $10,007,817. This trade represents a 7.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 shares were 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 Up 4.8%

Shares of NYSE:HAYW traded up $0.74 during midday trading on Wednesday, hitting $16.23. 2,597,156 shares of the company’s stock were exchanged, compared to its average volume of 1,645,785. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31. Hayward Holdings, Inc. has a 12 month low of $11.10 and a 12 month high of $17.73. The company has a market cap of $3.52 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.13. The stock has a 50 day moving average price of $16.15 and a 200-day moving average price of $15.79.

Hedge Funds Weigh In On Hayward

Hedge funds have recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its holdings in shares of Hayward by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 45,672 shares of the company’s stock valued at $706,000 after acquiring an additional 800 shares in the last quarter. Madison Asset Management LLC boosted its position in Hayward by 0.6% in the fourth quarter. Madison Asset Management LLC now owns 423,937 shares of the company’s stock worth $6,550,000 after purchasing an additional 2,716 shares during the last quarter. Argos Wealth Advisors LLC purchased a new position in Hayward in the fourth quarter worth $883,000. Equitable Trust Co. grew its stake in Hayward by 9.7% in the 4th quarter. Equitable Trust Co. now owns 67,080 shares of the company’s stock valued at $1,036,000 after purchasing an additional 5,908 shares during the period. Finally, Jennison Associates LLC increased its position in shares of Hayward by 2.2% during the 4th quarter. Jennison Associates LLC now owns 4,708,109 shares of the company’s stock valued at $72,740,000 after purchasing an additional 103,290 shares during the last quarter.

Wall Street Analysts Forecast Growth

HAYW has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Hayward in a report on Monday, December 29th. Zacks Research lowered 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 issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.00.

Hayward Company Profile

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.