OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Sells $1,219,920.06 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus sold 65,906 shares of OneSpaWorld stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total value of $1,219,920.06. Following the sale, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at approximately $9,082,394.25. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, September 26th, Stephen Lazarus sold 170,339 shares of OneSpaWorld stock. The stock was sold at an average price of $16.91, for a total value of $2,880,432.49.
• 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 value 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

NASDAQ OSW traded up $0.07 during midday trading on Friday, hitting $17.58. The company had a trading volume of 617,081 shares, compared to its average volume of 542,931. The company has a market capitalization of $1.84 billion, a PE ratio of 35.63 and a beta of 2.14. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $16.45 and a 200-day moving average price of $15.53. OneSpaWorld Holdings Limited has a twelve month low of $10.23 and a twelve month high of $18.73.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. OneSpaWorld had a return on equity of 14.47% and a net margin of 5.86%. The business had revenue of $224.89 million during the quarter, compared to the consensus estimate of $220.61 million. During the same period in the prior year, the company earned $0.13 EPS. As a group, analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Institutional Trading of OneSpaWorld

Several institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. lifted its position in shares of OneSpaWorld by 144.2% during the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock worth $547,000 after buying an additional 19,565 shares during the last quarter. Emerald Advisers LLC increased its holdings in OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after purchasing an additional 2,310 shares in the last quarter. Pinnacle Associates Ltd. increased its holdings in OneSpaWorld by 3.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after purchasing an additional 82,618 shares in the last quarter. Semanteon Capital Management LP increased its holdings in OneSpaWorld by 66.9% in the 3rd quarter. Semanteon Capital Management LP now owns 65,080 shares of the company’s stock worth $1,074,000 after purchasing an additional 26,084 shares in the last quarter. Finally, Creative Planning increased its holdings in OneSpaWorld by 5.8% in the 3rd quarter. Creative Planning now owns 74,409 shares of the company’s stock worth $1,228,000 after purchasing an additional 4,071 shares in the last quarter. 95.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, TD Cowen lifted their price objective on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

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.