Monashee Investment Management LLC Purchases New Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Monashee Investment Management LLC acquired a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 120,000 shares of the company’s stock, valued at approximately $1,452,000.

A number of other institutional investors also recently made changes to their positions in OSW. JPMorgan Chase & Co. lifted its position in shares of OneSpaWorld by 17.1% during the first quarter. JPMorgan Chase & Co. now owns 41,922 shares of the company’s stock worth $427,000 after purchasing an additional 6,124 shares during the last quarter. HighTower Advisors LLC acquired a new position in shares of OneSpaWorld in the 1st quarter worth approximately $1,016,000. Natixis Advisors L.P. increased its holdings in shares of OneSpaWorld by 41.8% in the 1st quarter. Natixis Advisors L.P. now owns 74,242 shares of the company’s stock valued at $757,000 after acquiring an additional 21,874 shares during the last quarter. Rhumbline Advisers raised its position in shares of OneSpaWorld by 2.3% during the 1st quarter. Rhumbline Advisers now owns 58,008 shares of the company’s stock valued at $592,000 after acquiring an additional 1,319 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in OneSpaWorld by 1.5% during the first quarter. BlackRock Inc. now owns 3,790,148 shares of the company’s stock worth $38,658,000 after purchasing an additional 57,822 shares during the last quarter. 99.64% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Truist Financial boosted their target price on shares of OneSpaWorld from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, August 21st.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $11.61, for a total value of $232,200.00. Following the completion of the transaction, the director now owns 568,270 shares in the company, valued at approximately $6,597,614.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of the business’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $11.61, for a total transaction of $232,200.00. Following the completion of the transaction, the director now owns 568,270 shares in the company, valued at approximately $6,597,614.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 30,000 shares of OneSpaWorld stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $11.64, for a total transaction of $349,200.00. Following the sale, the director now owns 588,270 shares in the company, valued at $6,847,462.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 81,000 shares of company stock worth $934,850. 6.70% of the stock is owned by insiders.

OneSpaWorld Stock Performance

NASDAQ:OSW traded up $0.05 during midday trading on Monday, reaching $11.41. 42,962 shares of the company traded hands, compared to its average volume of 602,577. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of -162.29 and a beta of 2.00. The company has a fifty day moving average price of $10.91 and a 200 day moving average price of $11.31. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.63 and a quick ratio of 1.09. OneSpaWorld Holdings Limited has a twelve month low of $8.96 and a twelve month high of $13.01.

OneSpaWorld Profile

OneSpaWorld Holdings Ltd. engages in the provision of health and wellness services. The firm also sells beauty products onboard cruise ships and at destination resort health and wellness centers. It operates through the Maritime and Destination Resorts segment. The company was founded in 1901 and is headquartered in Nassau, Bahamas.