OneWater Marine Inc. (NASDAQ:ONEW – Get Rating) CEO Philip Austin Jr. Singleton purchased 10,000 shares of the business’s stock in a transaction on Tuesday, February 21st. The shares were bought at an average price of $29.74 per share, with a total value of $297,400.00. Following the purchase, the chief executive officer now directly owns 547,805 shares in the company, valued at approximately $16,291,720.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Philip Austin Jr. Singleton also recently made the following trade(s):
- On Tuesday, February 7th, Philip Austin Jr. Singleton bought 2,500 shares of OneWater Marine stock. The shares were purchased at an average cost of $28.92 per share, for a total transaction of $72,300.00.
- On Monday, December 19th, Philip Austin Jr. Singleton bought 3,435 shares of OneWater Marine stock. The shares were purchased at an average cost of $30.44 per share, for a total transaction of $104,561.40.
- On Monday, December 12th, Philip Austin Jr. Singleton bought 225 shares of OneWater Marine stock. The shares were purchased at an average cost of $30.93 per share, for a total transaction of $6,959.25.
- On Thursday, December 8th, Philip Austin Jr. Singleton purchased 721 shares of OneWater Marine stock. The stock was bought at an average cost of $31.30 per share, for a total transaction of $22,567.30.
OneWater Marine Trading Down 0.9 %
Shares of ONEW stock opened at $28.64 on Friday. The company’s fifty day simple moving average is $29.75 and its two-hundred day simple moving average is $32.59. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.18 and a quick ratio of 0.31. OneWater Marine Inc. has a 1 year low of $27.10 and a 1 year high of $54.54. The stock has a market capitalization of $451.65 million, a price-to-earnings ratio of 3.45 and a beta of 2.43.
Analysts Set New Price Targets
ONEW has been the topic of a number of research reports. Truist Financial lowered their price target on shares of OneWater Marine from $38.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, February 3rd. Raymond James lowered their price target on shares of OneWater Marine from $55.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, February 3rd. Robert W. Baird lowered their price target on shares of OneWater Marine from $45.00 to $42.00 in a report on Friday, February 3rd. Finally, DA Davidson lowered their price target on shares of OneWater Marine from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, February 6th.
Institutional Investors Weigh In On OneWater Marine
A number of hedge funds and other institutional investors have recently bought and sold shares of ONEW. Point72 Hong Kong Ltd purchased a new position in shares of OneWater Marine during the 1st quarter valued at $25,000. Quantbot Technologies LP purchased a new position in shares of OneWater Marine during the 3rd quarter valued at $27,000. Tower Research Capital LLC TRC grew its position in shares of OneWater Marine by 875.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,122 shares of the company’s stock valued at $34,000 after purchasing an additional 1,007 shares in the last quarter. UBS Group AG purchased a new position in shares of OneWater Marine during the 2nd quarter valued at $43,000. Finally, Credit Suisse AG purchased a new position in shares of OneWater Marine during the 2nd quarter valued at $44,000. Institutional investors own 57.11% of the company’s stock.
OneWater Marine Company Profile
OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It also provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina, as well as rental of boats and personal watercraft.
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