How have the shares performed?
Latham Group Inc. (SWIM) saw an uptrend of 2.24% in the recent trading with $31.94 being its most recent. The current price level -8.03% lower than the highest price of $34.73 marked by the stock while trading over the past 52-weeks, whereas it is 35.45% higher than the lowest price of $23.58 the company dropped to over past 52-weeks. The latest news story on SWIM appeared in GlobeNewswire under the title “Latham, The Pool Company Launches Immersive Pool Planning Area for Customers to Digitally Design Their Dream Backyard” on Jun-03-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.75% below one month high and is +18.08% above of the lowest during that time.
Latham Group Inc. Earnings – What Happened With SWIM
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $148.75 billion.
SWIM – Latham Group Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 120.43 million. SWIM does have institutional investors; and they hold 70.26% of the stock.
Latham Group Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 11 new insider purchases involving 127,500 shares. On the other hand, SWIM declared 16,960,827 shares have been sold in 7 insider transactions over the past three months.
As on Apr 29, 2021, AB Discovery Growth Fund was the top most holder in Latham Group Inc. (NASDAQ:SWIM) with an ownership of 1.16 million shares of the company or 0.97% of the stake worth $30.24 million. The filing also reveals Fidelity Puritan Fund Inc as the second largest holder in the company with a control over 0.15% of the outstanding shares. Its stake is worth $4.68 million for having 0.18 million shares in hand.
Fidelity Advisor Diversified Stock Fund also came holding a key position in the company during the recent quarter and it now holds 0.02% of the outstanding shares. With this there are now 16 institutions which have possession in SWIM’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Latham Group Inc. was 1.78 while posting a debt to equity ratio of 3.52. The count was 126.18 for long-term debt to equity ratio.