Insider Selling: OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells 13,586 Shares of Stock

Key Points

• Director Glenn Fusfield sold 13,586 shares of OneSpaWorld stock at an average price of $22.05, totaling approximately $299,571, which marked a 6.29% decrease in his ownership.
• OneSpaWorld's stock has a market cap of $2.25 billion and is trading around $21.92, with a 1-year low of $14.21 and a high of $23.17.
• The company has announced a quarterly dividend of $0.04 per share, resulting in a 0.7% dividend yield, with a payout ratio of 23.53%.

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Glenn Fusfield sold 13,586 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $22.05, for a total value of $299,571.30. Following the completion of the transaction, the director owned 202,353 shares of the company's stock, valued at $4,461,883.65. The trade was a 6.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Glenn Fusfield also recently made the following trade(s):

• On Monday, August 18th, Glenn Fusfield sold 4,528 shares of OneSpaWorld stock. The stock was sold at an average price of $22.09, for a total value of $100,023.52.
• On Friday, August 15th, Glenn Fusfield sold 4,625 shares of OneSpaWorld stock. The stock was sold at an average price of $21.64, for a total value of $100,085.00.
• On Friday, August 15th, Glenn Fusfield sold 9,237 shares of OneSpaWorld stock. The stock was sold at an average price of $21.63, for a total value of $199,796.31.
• On Thursday, August 14th, Glenn Fusfield sold 4,587 shares of OneSpaWorld stock. The stock was sold at an average price of $21.81, for a total value of $100,042.47.
• On Thursday, August 14th, Glenn Fusfield sold 1,147 shares of OneSpaWorld stock. The stock was sold at an average price of $22.03, for a total value of $25,268.41.

OneSpaWorld Stock Performance

OSW stock traded up $0.08 during trading on Monday, hitting $21.92. The company had a trading volume of 335,143 shares, compared to its average volume of 507,954. The firm has a market cap of $2.25 billion, a PE ratio of 26.31 and a beta of 1.38. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.17. The firm has a 50-day moving average price of $21.03 and a 200-day moving average price of $19.40. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%. The company had revenue of $240.73 million for the quarter, compared to analyst estimates of $238.28 million. During the same quarter in the previous year, the company earned $0.20 EPS. The firm's revenue for the quarter was up 7.0% compared to the same quarter last year. On average, analysts expect that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current year.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.7%. OneSpaWorld's payout ratio is 23.53%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. William Blair restated an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Wall Street Zen upgraded OneSpaWorld from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Truist Financial raised their price target on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Finally, Stifel Nicolaus raised their price target on OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $22.67.

Institutional Investors Weigh In On OneSpaWorld

Several institutional investors have recently modified their holdings of the company. Ariel Investments LLC boosted its stake in shares of OneSpaWorld by 23.3% during the 2nd quarter. Ariel Investments LLC now owns 13,213,156 shares of the company's stock worth $269,416,000 after acquiring an additional 2,499,851 shares in the last quarter. Channing Capital Management LLC boosted its stake in shares of OneSpaWorld by 14.7% during the 1st quarter. Channing Capital Management LLC now owns 3,251,124 shares of the company's stock worth $54,586,000 after acquiring an additional 416,609 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of OneSpaWorld by 9.3% during the 1st quarter. Vanguard Group Inc. now owns 2,982,065 shares of the company's stock worth $50,069,000 after acquiring an additional 253,112 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of OneSpaWorld by 105.5% during the 2nd quarter. American Century Companies Inc. now owns 2,976,478 shares of the company's stock worth $60,690,000 after acquiring an additional 1,528,210 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of OneSpaWorld by 2,326.2% during the 1st quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock worth $46,822,000 after acquiring an additional 2,673,765 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company's stock.

About OneSpaWorld

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.

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