Andrew Heyer Sells 4,781 Shares of OneSpaWorld (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSWGet Free Report) Director Andrew Heyer sold 4,781 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $26.07, for a total value of $124,640.67. Following the sale, the director directly owned 302,145 shares in the company, valued at $7,876,920.15. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

OneSpaWorld Trading Up 0.7%

Shares of OSW stock opened at $25.99 on Wednesday. The company has a market cap of $2.64 billion, a PE ratio of 32.90 and a beta of 0.91. OneSpaWorld Holdings Limited has a 1 year low of $19.06 and a 1 year high of $29.25. The stock’s 50 day simple moving average is $26.44 and its two-hundred day simple moving average is $23.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.91 and a quick ratio of 1.93.

OneSpaWorld (NASDAQ:OSWGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The firm had revenue of $261.25 million for the quarter, compared to the consensus estimate of $260.93 million. During the same quarter in the previous year, the company posted $0.19 EPS. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Research analysts predict that OneSpaWorld Holdings Limited will post 1.05 earnings per share for the current year.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s payout ratio is 25.32%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OSW. Global Retirement Partners LLC purchased a new stake in OneSpaWorld in the 2nd quarter valued at about $38,000. Brown Brothers Harriman & Co. purchased a new position in shares of OneSpaWorld during the fourth quarter worth approximately $31,000. Arax Advisory Partners raised its stake in shares of OneSpaWorld by 428.8% during the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after acquiring an additional 1,295 shares in the last quarter. First Horizon Corp raised its stake in shares of OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after acquiring an additional 975 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of OneSpaWorld by 325.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after purchasing an additional 1,478 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on OSW shares. Truist Financial upped their price target on shares of OneSpaWorld from $28.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. TD Cowen boosted their target price on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group upped their target price on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $30.60.

Get Our Latest Stock Analysis on OSW

More OneSpaWorld News

Here are the key news stories impacting OneSpaWorld this week:

  • Positive Sentiment: Institutional interest remains strong: BlackRock reportedly initiated a position worth approximately $278 million during the second quarter, while several other funds also bought shares. Institutions and hedge funds now own about 95.98% of OneSpaWorld. OneSpaWorld insider selling and institutional ownership report
  • Positive Sentiment: Analyst sentiment remains favorable. The stock has a consensus “Buy” rating and an average price target of $30.60, above recent trading levels; Jefferies raised its target to $35.00. OneSpaWorld analyst ratings report
  • Positive Sentiment: The company declared a quarterly dividend of $0.05 per share, or $0.20 annualized, representing an indicated yield of about 0.8%. Its latest quarterly results also exceeded consensus estimates, with earnings of $0.29 per share and revenue of $261.25 million, up 8.5% year over year. OneSpaWorld dividend and earnings report
  • Neutral Sentiment: Reported short interest was listed at zero shares with a zero-day short-interest ratio. Because the data also shows an invalid “NaN” change, it provides little meaningful information about current short-selling pressure.
  • Negative Sentiment: Director Andrew Heyer sold multiple blocks totaling about 60,000 shares for approximately $1.58 million between August 6 and August 10. The transactions reduced disclosed holdings and may weigh on sentiment, although Heyer still retains a substantial position. OneSpaWorld director stock sales

About OneSpaWorld

(Get Free Report)

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.

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Insider Buying and Selling by Quarter for OneSpaWorld (NASDAQ:OSW)

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