Ranger Investment Management L.P. Sells 28,085 Shares of OneSpaWorld Holdings Limited $OSW

Ranger Investment Management L.P. reduced its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,298,840 shares of the company’s stock after selling 28,085 shares during the period. OneSpaWorld accounts for 1.9% of Ranger Investment Management L.P.’s portfolio, making the stock its 19th biggest holding. Ranger Investment Management L.P.’s holdings in OneSpaWorld were worth $27,457,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OSW. State of Alaska Department of Revenue bought a new stake in OneSpaWorld during the 3rd quarter worth approximately $116,000. Tower Research Capital LLC TRC raised its position in shares of OneSpaWorld by 313.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company’s stock valued at $189,000 after purchasing an additional 7,031 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of OneSpaWorld by 48.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,497 shares of the company’s stock valued at $214,000 after buying an additional 3,411 shares in the last quarter. Prudential Financial Inc. bought a new position in OneSpaWorld in the 2nd quarter worth $213,000. Finally, Pinnacle Wealth Management Advisory Group LLC increased its stake in OneSpaWorld by 8.5% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,955 shares of the company’s stock worth $264,000 after buying an additional 1,010 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $20.19, for a total value of $403,800.00. Following the completion of the transaction, the director owned 509,817 shares in the company, valued at approximately $10,293,205.23. The trade was a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Lazarus sold 8,569 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total value of $180,977.28. Following the transaction, the chief executive officer directly owned 351,250 shares in the company, valued at approximately $7,418,400. This represents a 2.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 33,569 shares of company stock worth $685,827. 3.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on OSW shares. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. TD Cowen dropped their price target on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, January 20th. Stifel Nicolaus reduced their price objective on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Finally, Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat.com, OneSpaWorld currently has a consensus rating of “Buy” and a consensus target price of $24.20.

OneSpaWorld Trading Up 3.3%

OSW stock opened at $20.73 on Friday. The firm has a market cap of $2.11 billion, a PE ratio of 29.23 and a beta of 1.03. The firm has a fifty day moving average price of $20.61 and a 200 day moving average price of $21.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.49.

OneSpaWorld Company Profile

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.