Senior Vice President and CFO Jones Eifion sale 140,501 shares of Hayward Holdings Inc. [HAYW]

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hayward Holdings Inc. shares valued at $1,951,489 were sold by Jones Eifion on Jun 17. At $13.89 per share, Jones Eifion sold 140,501 shares. The insider’s holdings dropped to 175,282 shares worth approximately $1.74 million following the completion of this transaction.


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Also, Billow Lesley sold 968 shares, netting a total of over 14,578 in proceeds. Following the sale of shares at $15.06 each, the insider now holds 49,097 shares.

Before that, Billow Lesley had sold 968 shares from its account. In a trade valued at $15,304, the SVP, Chief HR Officer traded Hayward Holdings Inc. shares for $15.81 each. Upon closing the transaction, the insider’s holdings decreased to 968 shares, worth approximately $0.49 million.

As published in a research note from Goldman on July 29, 2022, Hayward Holdings Inc. [HAYW] has been rated down from a Buy to a Neutral and the price target has been revised to $13 from $20. This represents a 23.85% premium over Wednesday’s closing price. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid July. As of April 05, 2022, Credit Suisse has initiated its “an Outperform” rating for HAYW. Earlier on January 27, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for HAYW stock which previously was a “a Buy”.

Analyzing HAYW’s Price Performance

On Wednesday, Hayward Holdings Inc. [NYSE: HAYW] rose 0.41% to $9.90. The stock’s lowest price that day was $9.83, but it reached a high of $10.28 in the same session. During the last five days, there has been a drop of approximately -3.51%. Over the course of the year, Hayward Holdings Inc. shares have dropped approximately -62.26%. Shares of the company reached a 52-week high of $26.38 on 01/03/22 and a 52-week low of $9.68 on 09/20/22. A 50-day SMA is recorded $11.78, while a 200-day SMA reached $16.45. Nevertheless, trading volume fell to 1.99 million shares from 2.52 million shares the previous day.

Support And Resistance Levels for Hayward Holdings Inc. (HAYW)

According to the 24-hour chart, there is a support level at 9.73, which, if violated, would cause prices to drop to 9.55. In the upper region, resistance lies at 10.18. The next price resistance is at 10.45. RSI (Relative Strength Index) is 34.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.55, which suggests the price will decrease in the coming days. Percent R is at 89.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Is Hayward Holdings Inc. subject to short interest?

Stocks of Hayward Holdings Inc. saw a sharp rise in short interest on Jul 14, 2022 jumping by 4.41 million shares to 13.14 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 8.73 million shares. A jump of 33.56% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 9 of the overall float, the days-to-cover ratio (short ratio) jumped to 9.

Which companies own the most shares of Hayward Holdings Inc. (HAYW)?

According to Alberta Investment Management Cor filings, the company currently owns 25,728,572 shares, which is about 11.36% of the total HAYW shares outstanding. With the completion of the buy transaction, Neuberger Berman Investment Advis’s stake is now worth $91,728,842. The Vanguard Group, Inc. acquire a 14.19% interest valued at $86.39 million while JPMorgan Investment Management, I purchased a 210,476 stake. A total of 5,463,018 shares of Hayward Holdings Inc. were bought by Cantillon Capital Management LLC during the quarter, and -34,518 were sold by AllianceBernstein LP. In its current portfolio, American Century Investment Manag holds 3,694,981 shares valued at $38.83 million.

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