Hayward Holdings SVP Susan Canning sells $40,950 in stock

Susan M. Canning, the Senior Vice President, Chief Legal Officer, and Corporate Secretary at Hayward Holdings, Inc., recently sold 3,500 shares of the company's stock on October 15, 2026. The transaction amounted to $40,950, executed at a price of $11.7 per share, slightly higher than the stock's 52-week low of $11.24. This move comes as Hayward Holdings shares have dropped around 24% over the past half-year.

However, an InvestingPro analysis indicates that the stock might be undervalued, with the company scoring a perfect 9 on the Piotroski Score, signifying robust financial health. The sale was carried out under a Rule 10b5-1 trading plan that Canning established on May 19, 2026. Post-sell, Canning now directly holds 164,411 shares of Hayward Holdings common stock.

Elsewhere, Hayward Holdings disclosed second-quarter 2026 adjusted earnings of $0.26 per share on $318.4 million in revenue, surpassing analysts' estimates of $0.25 per share on $312.73 million in revenue. The company reported a 6% sales increase from the prior year, driven by price hikes and stable sales volume. Despite these strong results, Hayward Holdings kept its full-year guidance unchanged.

Stifel has maintained a Buy rating for Hayward Holdings, citing the company's potential for growth and a price target of $19.50 per share. The firm's positive outlook was based on a survey of 192 pool builders that evaluated equipment costs and dealer margins. Recent discussions with Hayward's CEO, CFO, and VP of Investor Relations have bolstered Stifel's confidence in the company's future prospects.