In a filing, Hayward Holdings Inc revealed its President and CEO HOLLERAN KEVIN unloaded Company’s shares for reported $0.93 million on Apr 01 ’24. In the deal valued at $15.14 per share,61,429 shares were sold. As a result of this transaction, HOLLERAN KEVIN now holds 522,799 shares worth roughly $7.64 million.
Then, HOLLERAN KEVIN sold 42,858 shares, generating $612,162 in total proceeds. Upon selling the shares at $14.28, the President and CEO now owns 522,799 shares.
Before that, BLASCO FERNANDO sold 9,250 shares. Hayward Holdings Inc shares valued at $133,067 were divested by the VP&GM, Europe & Rest of World at a price of $14.39 per share. As a result of the transaction, BLASCO FERNANDO now holds 14,857 shares, worth roughly $0.22 million.
Jefferies downgraded its Hayward Holdings Inc [HAYW] rating to a Hold from a a Buy in a research note published on January 11, 2024; the price target was decreased to $14 from $15. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. Stifel also remained covering HAYW and has increased its forecast on August 03, 2023 with a “Buy” recommendation from previously “Hold” rating. Stifel revised its rating on February 06, 2023. It rated HAYW as “a Hold” which previously was an “a Buy”.
Price Performance Review of HAYW
On Monday, Hayward Holdings Inc [NYSE:HAYW] saw its stock jump 0.90% to $14.62. Over the last five days, the stock has lost -2.60%. Hayward Holdings Inc shares have risen nearly 7.50% since the year began. Nevertheless, the stocks have risen 31.00% over the past one year. While a 52-week high of $16.04 was reached on 02/29/24, a 52-week low of $9.80 was recorded on 01/17/24. SMA at 50 days reached $13.80, while 200 days put it at $13.14. A total of 0.66 million shares were traded, compared to the trading of 1.72 million shares in the previous session.
Levels Of Support And Resistance For HAYW Stock
The 24-hour chart illustrates a support level at 14.56, which if violated will result in even more drops to 14.49. On the upside, there is a resistance level at 14.71. A further resistance level may holdings at 14.80. The Relative Strength Index (RSI) on the 14-day chart is 53.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.74%. Stochastics %K at 26.45% indicates the stock is a holding.
How much short interest is there in Hayward Holdings Inc?
A steep rise in short interest was recorded in Hayward Holdings Inc stocks on Mar 15, 2024, dropping by -1.02 million shares to a total of 18.89 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 19.91 million shares. There was a decline of -5.4%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 16.91% of the overall stock float, the days-to-cover ratio (short ratio) fell to 11.65.
