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

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of the firm’s 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 transaction, the chief executive officer owned 623,540 shares in the company, valued at approximately $10,007,817. This represents a 7.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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 transaction 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 Stock Performance

Hayward stock opened at $16.23 on Thursday. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 26.18, a price-to-earnings-growth ratio of 1.45 and a beta of 1.13. Hayward Holdings, Inc. has a 1-year low of $11.10 and a 1-year high of $17.73. 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 firm has a 50 day simple moving average of $16.14 and a 200-day simple moving average of $15.79.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HAYW. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hayward in a research report on Monday, December 29th. One 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 an average rating of “Hold” and a consensus target price of $18.00.

Hedge Funds Weigh In On Hayward

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Hayward by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock valued at $323,416,000 after buying an additional 105,472 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Hayward by 29.0% in the third quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company’s stock valued at $176,656,000 after purchasing an additional 2,627,348 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Hayward by 9.1% during the third quarter. Wellington Management Group LLP now owns 7,546,816 shares of the company’s stock valued at $114,108,000 after buying an additional 627,866 shares in the last quarter. Victory Capital Management Inc. boosted its position in Hayward by 4.1% during the 3rd quarter. Victory Capital Management Inc. now owns 6,830,474 shares of the company’s stock worth $103,277,000 after acquiring an additional 271,402 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Hayward by 3.3% during the 3rd quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after buying an additional 211,075 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.