Latham Group, Inc. (NASDAQ:SWIM) General Counsel Patrick M. Sheller Sells 3,942 Shares

Latham Group, Inc. (NASDAQ:SWIM) General Counsel Patrick M. Sheller sold 3,942 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $5.08, for a total value of $20,025.36. Following the transaction, the general counsel now owns 270,954 shares of the company’s stock, valued at $1,376,446.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Latham Group Stock Up 5.0 %

Shares of SWIM opened at $5.30 on Monday. The company has a quick ratio of 1.78, a current ratio of 3.12 and a debt-to-equity ratio of 0.71. The business has a fifty day moving average of $3.42 and a 200 day moving average of $3.30. The company has a market cap of $612.54 million, a PE ratio of 176.67 and a beta of 1.76. Latham Group, Inc. has a 52-week low of $2.04 and a 52-week high of $5.38.

Institutional Investors Weigh In On Latham Group

Several hedge funds and other institutional investors have recently made changes to their positions in SWIM. Renaissance Technologies LLC boosted its stake in shares of Latham Group by 11.2% during the 2nd quarter. Renaissance Technologies LLC now owns 690,856 shares of the company’s stock worth $2,093,000 after purchasing an additional 69,356 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Latham Group by 21.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,342,142 shares of the company’s stock valued at $4,067,000 after buying an additional 234,930 shares during the period. American Century Companies Inc. grew its stake in shares of Latham Group by 103.7% during the second quarter. American Century Companies Inc. now owns 418,708 shares of the company’s stock valued at $1,269,000 after buying an additional 213,128 shares during the last quarter. Los Angeles Capital Management LLC raised its holdings in shares of Latham Group by 27.2% in the second quarter. Los Angeles Capital Management LLC now owns 151,547 shares of the company’s stock worth $459,000 after buying an additional 32,410 shares during the period. Finally, Roubaix Capital LLC lifted its stake in shares of Latham Group by 104.1% during the 2nd quarter. Roubaix Capital LLC now owns 445,652 shares of the company’s stock worth $1,350,000 after acquiring an additional 227,349 shares during the last quarter. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Wall Street Analyst Weigh In

SWIM has been the topic of a number of recent research reports. Robert W. Baird upped their price target on shares of Latham Group from $5.00 to $5.50 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Barclays decreased their target price on shares of Latham Group from $4.00 to $3.00 and set an “equal weight” rating on the stock in a research report on Friday, July 12th.

Latham Group Company Profile

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.