James Cline Acquires 50,000 Shares of Latham Group (NASDAQ:SWIM) Stock

Posted by Francis Steltz on May 22nd, 2026

Latham Group, Inc. (NASDAQ:SWIM – Get Free Report) Director James Cline bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of $4.84 per share, for a total transaction of $242,000.00. Following the acquisition, the director directly owned 100,000 shares in the company, valued at $484,000. This trade represents a 100.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Latham Group Stock Performance

Latham Group stock opened at $5.16 on Friday. The firm’s 50 day simple moving average is $5.62 and its 200 day simple moving average is $6.28. The company has a current ratio of 1.88, a quick ratio of 1.16 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $605.84 million, a PE ratio of 73.71, a price-to-earnings-growth ratio of 0.84 and a beta of 1.72. Latham Group, Inc. has a 1-year low of $4.64 and a 1-year high of $8.97.

Latham Group (NASDAQ:SWIM – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The firm had revenue of $117.32 million for the quarter, compared to the consensus estimate of $118.39 million. Latham Group had a return on equity of 2.13% and a net margin of 1.55%. As a group, analysts expect that Latham Group, Inc. will post 0.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Latham Group

Institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its stake in shares of Latham Group by 2.7% in the 2nd quarter. Rhumbline Advisers now owns 63,639 shares of the company’s stock valued at $406,000 after purchasing an additional 1,672 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of Latham Group by 5.1% in the 4th quarter. Deutsche Bank AG now owns 35,682 shares of the company’s stock valued at $227,000 after purchasing an additional 1,721 shares in the last quarter. Squarepoint Ops LLC boosted its stake in shares of Latham Group by 5.5% in the 3rd quarter. Squarepoint Ops LLC now owns 35,978 shares of the company’s stock valued at $274,000 after purchasing an additional 1,873 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Latham Group by 83.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 4,211 shares of the company’s stock valued at $27,000 after purchasing an additional 1,921 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Latham Group by 16.4% in the 3rd quarter. Arizona State Retirement System now owns 13,765 shares of the company’s stock valued at $105,000 after purchasing an additional 1,939 shares in the last quarter. Institutional investors own 83.95% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Bank of America decreased their price target on shares of Latham Group from $7.00 to $6.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Stifel Nicolaus increased their price target on shares of Latham Group from $8.75 to $9.50 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Barclays decreased their price target on shares of Latham Group from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Wall Street Zen lowered shares of Latham Group from a “buy” rating to a “hold” rating in a report on Sunday, April 12th. Finally, Zacks Research lowered shares of Latham Group from a “strong-buy” rating to a “hold” rating in a report on Friday, April 3rd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $7.50.

Check Out Our Latest Stock Report on SWIM

About Latham Group

(Get Free Report)

Latham Group, Inc designs, manufactures and supplies a broad range of aquatic products and services for residential and commercial applications. Offerings include fiberglass and vinyl-liner pool shells, commercial water park structures, water slides, surf simulators, pumps, filters, heaters and sanitation systems. The company also provides parts, equipment and technical support for pool installation, maintenance and repair.

Operating across three core segments—commercial, residential and aftermarket—Latham delivers turnkey aquatic facilities and attractions for municipal, hospitality and resort clients, offers packaged pool kits and equipment packages to builders and dealers, and supplies replacement parts, service contracts and technical assistance to support ongoing pool operations.

Headquartered in the United States, Latham Group maintains manufacturing and distribution centers throughout North America and Europe.