Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 50,000 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $7,591,041.48. This trade represents a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Kevin Holleran also recently made the following trade(s):

• On Monday, November 11th, Kevin Holleran sold 100,000 shares of Hayward stock. The stock was sold at an average price of $15.96, for a total value of $1,596,000.00.

Hayward Price Performance

Shares of NYSE HAYW opened at $14.70 on Friday. The business’s 50 day moving average price is $15.30 and its 200 day moving average price is $15.00. The firm has a market cap of $3.17 billion, a P/E ratio of 34.99, a P/E/G ratio of 1.95 and a beta of 1.16. Hayward Holdings, Inc. has a 52 week low of $11.96 and a 52 week high of $16.87. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70.

Institutional Investors Weigh In On Hayward

A number of large investors have recently bought and sold shares of the company. MSD Capital L P purchased a new stake in Hayward in the third quarter valued at approximately $418,901,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Hayward by 18.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,637,305 shares of the company’s stock valued at $86,476,000 after buying an additional 878,705 shares during the last quarter. Victory Capital Management Inc. boosted its position in Hayward by 0.6% in the third quarter. Victory Capital Management Inc. now owns 5,123,240 shares of the company’s stock valued at $78,591,000 after buying an additional 32,514 shares during the last quarter. State Street Corp boosted its position in Hayward by 8.5% in the 3rd quarter. State Street Corp now owns 4,355,277 shares of the company’s stock worth $66,810,000 after purchasing an additional 341,424 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in Hayward by 6.3% in the 4th quarter. Jennison Associates LLC now owns 3,380,867 shares of the company’s stock worth $51,693,000 after purchasing an additional 201,116 shares in the last quarter.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. The Goldman Sachs Group lifted their target price on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. KeyCorp restated a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Robert W. Baird lifted their price objective on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Finally, Stifel Nicolaus upgraded Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a report on Wednesday.

About Hayward

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.