Insider Selling: OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells 18,000 Shares of Stock

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

OneSpaWorld Stock Up 0.5 %

OneSpaWorld stock opened at $20.36 on Wednesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 41.55 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.57. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The firm has a 50 day moving average price of $18.57 and a two-hundred day moving average price of $16.74.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On OneSpaWorld

Hedge funds and other institutional investors have recently bought and sold shares of the company. Lord Abbett & CO. LLC raised its position in shares of OneSpaWorld by 53.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock worth $10,166,000 after acquiring an additional 214,557 shares in the last quarter. Divisadero Street Capital Management LP bought a new stake in OneSpaWorld in the second quarter worth approximately $7,685,000. Royce & Associates LP bought a new stake in OneSpaWorld in the third quarter worth approximately $2,295,000. Driehaus Capital Management LLC lifted its stake in OneSpaWorld by 6.1% in the second quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after buying an additional 106,910 shares during the period. Finally, Canada Pension Plan Investment Board bought a new position in shares of OneSpaWorld during the 2nd quarter worth approximately $516,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

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.