OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus Sells 170,339 Shares

OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus sold 170,339 shares of OneSpaWorld stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the transaction, the chief financial officer now directly owns 556,581 shares in the company, valued at $9,411,784.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Stephen Lazarus also recently made the following trade(s):

• On Monday, September 23rd, Stephen Lazarus sold 8,271 shares of OneSpaWorld stock. The stock was sold at an average price of $16.75, for a total transaction of $138,539.25.
• On Thursday, September 19th, Stephen Lazarus sold 294 shares of OneSpaWorld stock. The shares were sold at an average price of $16.75, for a total value of $4,924.50.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $16.56 on Friday. The stock has a market cap of $1.66 billion, a P/E ratio of 61.34 and a beta of 2.14. The company has a fifty day simple moving average of $15.81 and a 200-day simple moving average of $14.86. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. OneSpaWorld Holdings Limited has a 12-month low of $9.82 and a 12-month high of $17.30.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. The business had revenue of $224.89 million during the quarter, compared to analysts’ expectations of $220.61 million. During the same period in the prior year, the firm posted $0.13 EPS. Equities analysts expect that OneSpaWorld Holdings Limited will post 0.73 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.16 annualized dividend and a yield of 0.97%. OneSpaWorld’s dividend payout ratio is currently 59.26%.

Analysts Set New Price Targets

OSW has been the subject of several analyst reports. TD Cowen boosted their target price on OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Truist Financial boosted their price objective on OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, June 12th.

Institutional Trading of OneSpaWorld

Institutional investors have recently modified their holdings of the stock. Quarry LP raised its stake in OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after acquiring an additional 2,762 shares in the last quarter. Olympiad Research LP acquired a new stake in shares of OneSpaWorld during the fourth quarter worth about $141,000. Principal Financial Group Inc. purchased a new stake in shares of OneSpaWorld in the 1st quarter valued at about $148,000. Allspring Global Investments Holdings LLC boosted its position in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock valued at $174,000 after purchasing an additional 11,256 shares during the period. Finally, Morse Asset Management Inc purchased a new position in OneSpaWorld during the 2nd quarter worth approximately $200,000. Hedge funds and other institutional investors 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.