Insider Selling: Hayward (NYSE:HAYW) CEO Sells $620,000.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $12.40, for a total transaction of $620,000.00. Following the completion of the transaction, the chief executive officer owned 401,234 shares of the company’s stock, valued at $4,975,301.60. The trade was a 11.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Tuesday, September 1st, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $13.85, for a total transaction of $692,500.00.
  • On Monday, August 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The shares were sold at an average price of $15.31, for a total transaction of $765,500.00.

Hayward Price Performance

HAYW traded down $0.51 during trading on Wednesday, hitting $11.80. 2,533,223 shares of the stock traded hands, compared to its average volume of 2,538,176. Hayward Holdings, Inc. has a twelve month low of $11.75 and a twelve month high of $17.73. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 15.95, a PEG ratio of 1.14 and a beta of 1.18. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. The business has a 50 day moving average price of $13.96 and a 200 day moving average price of $14.41.

Hayward (NYSE:HAYW – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The firm had revenue of $318.38 million during the quarter, compared to analysts’ expectations of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities research analysts forecast that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HAYW. BlackRock Inc. acquired a new stake in shares of Hayward during the 2nd quarter valued at $422,455,000. Dimensional Fund Advisors LP increased its holdings in Hayward by 11.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock worth $99,726,000 after purchasing an additional 761,145 shares in the last quarter. Jennison Associates LLC increased its holdings in Hayward by 1.9% in the 1st quarter. Jennison Associates LLC now owns 4,798,842 shares of the company’s stock worth $64,209,000 after purchasing an additional 90,733 shares in the last quarter. Focus Partners Wealth raised its position in Hayward by 17,180.8% in the fourth quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after purchasing an additional 2,561,826 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Hayward by 25.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,975,392 shares of the company’s stock valued at $39,811,000 after purchasing an additional 605,743 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Wolfe Research assumed coverage on Hayward in a research note on Tuesday, September 15th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Weiss Ratings cut shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, September 14th. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hayward currently has a consensus rating of “Hold” and a consensus target price of $17.50.

Get Our Latest Stock Report on HAYW

About Hayward

(Get Free Report)

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools and spas. Its products are intended to support water circulation, filtration, heating, cleaning, sanitation and overall pool management.

The company’s product portfolio includes pumps, filters, heaters, heat pumps, salt-chlorination systems, automatic cleaners, lighting, valves, controls and connected pool-management technologies. Hayward sells products under the Hayward brand and through related product lines, serving pool builders, distributors, service professionals and homeowners.

Hayward serves customers in North America and international markets.

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