Pool Co. (POOL) VP Sells $7,104,000.00 in Stock

Pool Co. (NASDAQ:POOL) VP Arthur D. Cook sold 48,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $148.00, for a total transaction of $7,104,000.00. Following the completion of the transaction, the vice president now directly owns 103,633 shares of the company’s stock, valued at approximately $15,337,684. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Pool Co. (NASDAQ:POOL) traded down $1.44 on Friday, hitting $142.19. 293,500 shares of the stock were exchanged, compared to its average volume of 224,577. Pool Co. has a 52 week low of $97.25 and a 52 week high of $150.26. The company has a market cap of $5,769.16, a P/E ratio of 36.09 and a beta of 0.91. The company has a current ratio of 2.43, a quick ratio of 0.76 and a debt-to-equity ratio of 2.28.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 15th. The specialty retailer reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Pool had a net margin of 6.87% and a return on equity of 70.46%. The company had revenue of $510.18 million during the quarter. During the same period last year, the business earned $0.06 EPS. The business’s revenue was up 14.6% on a year-over-year basis. analysts expect that Pool Co. will post 5.47 earnings per share for the current year.

A number of research firms recently weighed in on POOL. BidaskClub downgraded shares of Pool from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 10th. Zacks Investment Research raised shares of Pool from a “hold” rating to a “buy” rating and set a $161.00 price objective for the company in a research report on Thursday. Stephens set a $160.00 price objective on shares of Pool and gave the company a “hold” rating in a research report on Thursday, February 15th. Finally, Robert W. Baird reissued a “buy” rating and issued a $158.00 price objective on shares of Pool in a research report on Friday, February 16th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $147.60.

Several institutional investors and hedge funds have recently made changes to their positions in POOL. Tower Research Capital LLC TRC bought a new position in shares of Pool in the 4th quarter valued at about $144,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Pool by 42.9% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock worth $188,000 after buying an additional 434 shares during the period. Polen Capital Management LLC bought a new stake in shares of Pool during the 3rd quarter worth about $207,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Pool during the 3rd quarter worth about $217,000. Finally, Koch Industries Inc. bought a new stake in shares of Pool during the 4th quarter worth about $220,000. 95.72% of the stock is owned by institutional investors.

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About Pool

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

Insider Buying and Selling by Quarter for Pool (NASDAQ:POOL)

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