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Onespaworld executive Leonard Fluxman sells $4.7 million in shares

Published 28/02/2025, 22:54
Onespaworld executive Leonard Fluxman sells $4.7 million in shares
OSW
5.33%

Following these transactions, Fluxman still holds 1,442,471 shares directly. Additionally, he has an indirect ownership of 285,338 shares through Fluxman Family Holdings LLC. The transactions were executed as part of his role as CEO, President, Executive Chairman, and Director of the company. InvestingPro analysis reveals 8 additional key insights about OSW’s financial health and market position, available exclusively to subscribers through detailed Pro Research Reports. InvestingPro analysis reveals 8 additional key insights about OSW’s financial health and market position, available exclusively to subscribers through detailed Pro Research Reports.

Following these transactions, Fluxman still holds 1,442,471 shares directly. Additionally, he has an indirect ownership of 285,338 shares through Fluxman Family Holdings LLC. The transactions were executed as part of his role as CEO, President, Executive Chairman, and Director of the company.

In other recent news, OneSpaWorld Holdings (NASDAQ:OSW) Ltd. reported its fourth-quarter earnings for 2024, showcasing a significant revenue increase of 11% year-over-year to $217.2 million, which surpassed the anticipated $212.66 million. Despite this revenue beat, the company experienced a slight miss on earnings per share (EPS), posting $0.20 compared to the forecasted $0.21. Full-year revenue reached a record $895 million, up 13% from the previous year. Loop Capital Markets responded by adjusting OneSpaWorld’s stock target to $24 from $20, maintaining a Buy rating, indicating confidence in the company’s business model and financial management. The firm noted a 7% increase in weekly revenue per ship as a positive indicator of OneSpaWorld’s operational success. Additionally, OneSpaWorld strengthened its balance sheet, reducing total debt below $100 million and distributing a $4 million dividend in the fourth quarter. The company has outlined plans to expand its health and wellness services, including the opening of health centers on nine new ship builds in 2025.

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