Insider Selling: OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells $87,420.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew R. Heyer sold 6,000 shares of OneSpaWorld stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $14.57, for a total transaction of $87,420.00. Following the completion of the transaction, the director now directly owns 467,145 shares of the company’s stock, valued at $6,806,302.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW remained flat at $15.36 during trading hours on Friday. 317,686 shares of the stock traded hands, compared to its average volume of 587,706. The stock has a market cap of $1.54 billion, a P/E ratio of 56.89 and a beta of 2.14. OneSpaWorld Holdings Limited has a one year low of $9.82 and a one year high of $17.30. The company’s 50 day simple moving average is $15.65 and its two-hundred day simple moving average is $14.36. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.34 and a current ratio of 1.85.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Wednesday, August 21st. OneSpaWorld’s dividend payout ratio is 59.26%.

Institutional Trading of OneSpaWorld

A number of hedge funds have recently bought and sold shares of the company. Mutual of America Capital Management LLC acquired a new stake in shares of OneSpaWorld in the first quarter worth $7,505,000. Vanguard Group Inc. lifted its stake in OneSpaWorld by 35.3% in the third quarter. Vanguard Group Inc. now owns 1,970,528 shares of the company’s stock valued at $22,109,000 after acquiring an additional 514,137 shares during the last quarter. DAVENPORT & Co LLC increased its stake in shares of OneSpaWorld by 21.1% during the 1st quarter. DAVENPORT & Co LLC now owns 2,694,704 shares of the company’s stock worth $35,970,000 after purchasing an additional 470,415 shares during the last quarter. Wellington Management Group LLP bought a new position in shares of OneSpaWorld during the 4th quarter valued at $4,926,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of OneSpaWorld by 16.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,260,110 shares of the company’s stock worth $31,869,000 after buying an additional 316,905 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Loop Capital lifted their target price on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Truist Financial upped their target price on shares of OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, June 12th. Stifel Nicolaus boosted their price target on OneSpaWorld from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd. Finally, TD Cowen raised their target price on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

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.