1 week Ago By ABMN Staff
Emerald Mutual Fund Advisers Trust trimmed its holdings in shares of Latham Group, Inc. ( NASDAQ:SWIM – Free Report ) by 37.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 18,943 shares of the company’s stock after selling 11,403 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in Latham Group were worth $57,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company.
Quadrature Capital Ltd acquired a new stake in shares of Latham Group in the fourth quarter valued at about $32,000. Diversified Trust Co acquired a new stake in Latham Group in the second quarter valued at approximately $34,000. Public Employees Retirement System of Ohio raised its stake in shares of Latham Group by 69.
2% during the first quarter. Public Employees Retirement System of Ohio now owns 10,967 shares of the company’s stock valued at $43,000 after purchasing an additional 4,484 shares during the period. Oxford Asset Management LLP acquired a new position in shares of Latham Group during the fourth quarter worth $46,000.
Finally, Burns Matteson Capital Management LLC purchased a new position in shares of Latham Group in the second quarter valued at $49,000. 83.95% of the stock is currently owned by hedge funds and other institutional investors.
Latham Group Price Performance Shares of SWIM stock opened at $5.65 on Monday. The firm has a fifty day moving average of $4.
36 and a two-hundred day moving average of $3.76. The firm has a market cap of $653.
03 million, a P/E ratio of 188.33 and a beta of 1.86.
Latham Group, Inc. has a 1-year low of $2.04 and a 1-year high of $6.
68. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.
22 and a quick ratio of 2.15. Wall Street Analyst Weigh In SWIM has been the topic of a number of recent analyst reports.
Robert W. Baird boosted their price objective on shares of Latham Group from $5.00 to $5.
50 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Stifel Nicolaus boosted their price target on Latham Group from $4.75 to $6.
80 and gave the stock a “buy” rating in a research note on Friday, August 30th. Finally, Barclays raised their price objective on Latham Group from $3.00 to $6.
00 and gave the company an “equal weight” rating in a research note on Monday, August 12th. Get Our Latest Stock Analysis on Latham Group Insider Activity In other Latham Group news, CEO Scott Michael Rajeski sold 33,000 shares of Latham Group stock in a transaction on Friday, August 16th. The shares were sold at an average price of $6.
09, for a total value of $200,970.00. Following the completion of the transaction, the chief executive officer now owns 516,680 shares of the company’s stock, valued at $3,146,581.
20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . In other Latham Group news, CEO Scott Michael Rajeski sold 33,000 shares of Latham Group stock in a transaction that occurred on Friday, August 16th.
The stock was sold at an average price of $6.09, for a total value of $200,970.00.
Following the completion of the transaction, the chief executive officer now directly owns 516,680 shares in the company, valued at $3,146,581.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Also, VP Suraj Kunchala sold 10,139 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $5.06, for a total value of $51,303.
34. Following the transaction, the vice president now directly owns 38,748 shares of the company’s stock, valued at $196,064.88.
The disclosure for this sale can be found here . In the last ninety days, insiders sold 72,932 shares of company stock worth $441,364. 8.
60% of the stock is currently owned by insiders. Latham Group Company Profile ( Free Report ) Latham Group, Inc designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names.
Further Reading Want to see what other hedge funds are holding SWIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Latham Group, Inc. ( NASDAQ:SWIM – Free Report ).
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