The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. OneSpaWorld Holdings Limited shares valued at $1,314,625 were sold by FLUXMAN LEONARD I on Nov 07 ’24. At $19.06 per share, FLUXMAN LEONARD I sold 68,986 shares. The insider’s holdings dropped to 1,720,303 shares worth approximately $33.22 million following the completion of this transaction.
Also, FLUXMAN LEONARD I sold 68,123 shares, netting a total of over 1,306,463 in proceeds. Following the sale of shares at $19.18 each, the insider now holds 1,589,188 shares.
Before that, FLUXMAN LEONARD I had sold 62,891 shares from its account. In a trade valued at $1,196,791, the insider traded OneSpaWorld Holdings Limited shares for $19.03 each. Upon closing the transaction, the insider’s holdings decreased to 62,891 shares, worth approximately $32.0 million.
As published in a research note from Loop Capital on June 21, 2023, OneSpaWorld Holdings Limited [OSW] has been rated up from a Hold to a Buy and the price target has been revised to $13. Analysts at Loop Capital started covering the stock with ‘”a Hold”‘ outlook in a report released in mid April. As of December 14, 2022, Cowen has initiated its “an Outperform” rating for OSW. Earlier on November 02, 2022, Truist initiated its rating. Their recommendation was “a Buy” for OSW stock.
Analyzing OSW Stock Performance
During the last five days, there has been a surge of approximately 1.31%. Over the course of the year, OneSpaWorld Holdings Limited shares have jumped approximately 36.95%. Shares of the company reached a 52-week high of $19.61 on 11/13/24 and a 52-week low of $11.98 on 04/17/24. A 50-day SMA is recorded $17.01, while a 200-day SMA reached $15.12. Nevertheless, trading volume fell to 1.12 million shares from 0.6 million shares the previous day.
Support And Resistance Levels for OneSpaWorld Holdings Limited (OSW)
According to the 24-hour chart, there is a support level at 19.18, which, if violated, would cause prices to drop to 19.06. In the upper region, resistance lies at 19.52. The next price resistance is at 19.74. RSI (Relative Strength Index) is 74.98 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.03, which suggests the price will increase in the coming days. Percent R is at 12.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
