47,571 Shares in Latham Group, Inc. (NASDAQ:SWIM) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in Latham Group, Inc. (NASDAQ:SWIM - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 47,571 shares of the company's stock, valued at approximately $331,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pamplona Capital Management LLC acquired a new position in shares of Latham Group in the fourth quarter valued at approximately $360,846,000. Wynnchurch Capital Partners IV L.P. purchased a new stake in shares of Latham Group during the fourth quarter worth $104,287,000. Voss Capital LP raised its stake in shares of Latham Group by 29.1% in the fourth quarter. Voss Capital LP now owns 5,164,178 shares of the company's stock valued at $35,943,000 after acquiring an additional 1,163,329 shares in the last quarter. Wasatch Advisors LP purchased a new position in Latham Group in the fourth quarter valued at $17,408,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Latham Group by 28.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,094,992 shares of the company's stock valued at $14,580,000 after purchasing an additional 458,604 shares during the period. 83.95% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, major shareholder Wc Partners Executive Iv, L.P. sold 105,250 shares of the business's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $6.54, for a total transaction of $688,335.00. Following the completion of the sale, the insider now owns 332,818 shares in the company, valued at approximately $2,176,629.72. The trade was a 24.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 8.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird set a $8.50 price target on Latham Group in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $7.66.

Latham Group Stock Performance

Shares of SWIM stock opened at $6.01 on Monday. The company has a market cap of $695.82 million, a P/E ratio of 66.79 and a beta of 1.70. The firm has a fifty day moving average price of $6.01 and a 200 day moving average price of $6.46. The company has a current ratio of 2.44, a quick ratio of 1.60 and a debt-to-equity ratio of 0.67. Latham Group, Inc. has a 12 month low of $2.54 and a 12 month high of $8.41.

Latham Group Company Profile

Latham Group, Inc designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names.

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