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In a recent move, Kevin Holleran, the President and CEO of Hayward Holdings , Inc. (NYSE:HAYW), sold 50,000 shares of the company’s common stock. The transaction, which took place on April 3, 2025, was executed at a weighted average price of $12.5175, resulting in a total sale value of $625,875. The shares were sold in multiple transactions, with prices ranging from $12.13 to $12.9650. According to InvestingPro data, this sale comes as the stock has declined nearly 10% in the past week and is trading close to its 52-week low of $11.96.
Prior to the sale, Holleran exercised stock options to acquire 50,000 shares at a price of $1.40 per share, amounting to a total acquisition cost of $70,000. Following these transactions, Holleran now holds 623,540 shares directly. The company maintains impressive gross profit margins of over 50% and generated revenue of $1.05 billion in the last twelve months.
Additionally, indirect holdings include 700 shares each held by three dependents, indicating a continued vested interest in the company. These transactions reflect Holleran’s ongoing engagement with Hayward Holdings, a company renowned for its refrigeration and service industry machinery. InvestingPro analysis suggests the stock is currently undervalued, with 8 additional ProTips and comprehensive financial metrics available in the Pro Research Report, offering deeper insights into the company’s potential.
In other recent news, Hayward Holdings reported impressive financial results for the fourth quarter of 2024, surpassing earnings expectations. The company achieved an earnings per share (EPS) of $0.27, which exceeded the forecast of $0.23, and generated revenue of $327 million, outperforming the anticipated $300.42 million. This strong performance was bolstered by strategic product innovations and acquisitions, contributing to a 17% year-over-year increase in revenue. Meanwhile, Wolfe Research downgraded Hayward Holdings’ stock rating from Outperform to Peer Perform and adjusted the price target to $15, citing economic challenges such as high inflation and interest rates affecting consumer spending. Additionally, Hayward Holdings announced the appointment of Ron Keating as its newest independent director, enhancing the board’s expertise in global operations and finance. Keating’s extensive experience in the water industry is expected to support the company’s growth strategies. These developments reflect ongoing shifts within Hayward Holdings as it navigates current market conditions and strengthens its leadership team.
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