Insider Selling: OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells $367,200.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the transaction, the director now owns 170,917 shares in the company, valued at $3,486,706.80. This trade represents a 9.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

OneSpaWorld Stock Down 3.9 %

OSW opened at $19.57 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $20.57. The stock has a market capitalization of $2.03 billion, a P/E ratio of 39.94 and a beta of 2.13. The business has a 50 day simple moving average of $18.62 and a 200-day simple moving average of $16.76.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.82%. OneSpaWorld’s payout ratio is currently 32.65%.

Analysts Set New Price Targets

Separately, Truist Financial lifted their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd.

Hedge Funds Weigh In On OneSpaWorld

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Morse Asset Management Inc boosted its holdings in OneSpaWorld by 8.1% during the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock worth $232,000 after buying an additional 1,050 shares in the last quarter. Zacks Investment Management grew its holdings in shares of OneSpaWorld by 13.3% in the 3rd quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock worth $265,000 after acquiring an additional 1,881 shares during the period. Emerald Advisers LLC increased its stake in OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,310 shares in the last quarter. Principal Financial Group Inc. raised its holdings in OneSpaWorld by 20.9% during the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Kings Path Partners LLC boosted its position in OneSpaWorld by 3.2% during the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock worth $1,274,000 after purchasing an additional 2,380 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.