Hayward Holdings, Inc. (NYSE:HAYW) CFO Sells $330,000.00 in Stock

Key Points

• Eifion Jones, CFO of Hayward Holdings, sold 20,000 shares at an average price of $16.50, totaling $330,000, which reduced his holdings by 6.51% to approximately 287,231 shares.
• Hayward Holdings recently reported earnings of $0.24 per share, exceeding analysts' expectations of $0.22, with revenue reaching $299.60 million.
• Institutional investors have increased their stakes in Hayward, with EverSource Wealth Advisors LLC raising its holdings by 149.2% during the 2nd quarter.

Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CFO Eifion Jones sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $16.50, for a total value of $330,000.00. Following the completion of the transaction, the chief financial officer directly owned 287,231 shares in the company, valued at approximately $4,739,311.50. This trade represents a 6.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Eifion Jones also recently made the following trade(s):

• On Wednesday, July 30th, Eifion Jones sold 15,000 shares of Hayward stock. The stock was sold at an average price of $15.50, for a total transaction of $232,500.00.

Hayward Stock Up 2.6%

Shares of NYSE HAYW traded up $0.41 during trading on Tuesday, hitting $16.17. 115,948 shares of the company traded hands, compared to its average volume of 1,940,936. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 27.82, a P/E/G ratio of 2.41 and a beta of 1.13. The business's fifty day moving average is $14.65 and its 200 day moving average is $14.07. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.06 and a current ratio of 2.84. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $16.87.

Hayward (NYSE:HAYW - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. The business had revenue of $299.60 million for the quarter, compared to the consensus estimate of $291.17 million. Hayward had a return on equity of 11.07% and a net margin of 12.04%. The firm's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.21 EPS. Equities research analysts predict that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hayward

A number of institutional investors have recently modified their holdings of the company. Amalgamated Bank grew its holdings in Hayward by 1.7% during the second quarter. Amalgamated Bank now owns 43,996 shares of the company's stock worth $607,000 after buying an additional 724 shares in the last quarter. Cerity Partners LLC raised its position in Hayward by 0.9% in the first quarter. Cerity Partners LLC now owns 99,195 shares of the company's stock worth $1,381,000 after acquiring an additional 869 shares during the period. Pacer Advisors Inc. boosted its stake in Hayward by 9.5% in the first quarter. Pacer Advisors Inc. now owns 11,165 shares of the company's stock valued at $155,000 after acquiring an additional 969 shares during the last quarter. Yousif Capital Management LLC boosted its stake in Hayward by 2.0% in the second quarter. Yousif Capital Management LLC now owns 53,670 shares of the company's stock valued at $741,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of Hayward by 5.8% during the 4th quarter. Integrated Wealth Concepts LLC now owns 25,916 shares of the company's stock worth $396,000 after purchasing an additional 1,414 shares during the last quarter.

Hayward Company Profile

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.