John Troiano Sells 27,844 Shares of OneWater Marine (NASDAQ:ONEW) Stock

OneWater Marine Inc. (NASDAQ:ONEWGet Free Report) Director John Troiano sold 27,844 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $12.07, for a total transaction of $336,077.08. Following the completion of the sale, the director directly owned 41,438 shares of the company’s stock, valued at $500,156.66. The trade was a 40.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

John Troiano also recently made the following trade(s):

  • On Thursday, May 7th, John Troiano sold 3,671 shares of OneWater Marine stock. The stock was sold at an average price of $12.16, for a total transaction of $44,639.36.
  • On Thursday, February 12th, John Troiano sold 1,662 shares of OneWater Marine stock. The stock was sold at an average price of $13.19, for a total transaction of $21,921.78.

OneWater Marine Price Performance

Shares of OneWater Marine stock opened at $10.94 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 1.23. The company’s 50-day moving average price is $10.05 and its two-hundred day moving average price is $11.77. OneWater Marine Inc. has a 52 week low of $8.12 and a 52 week high of $17.92. The stock has a market cap of $181.82 million, a PE ratio of -1.46 and a beta of 1.49.

OneWater Marine (NASDAQ:ONEWGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.43). OneWater Marine had a positive return on equity of 2.22% and a negative net margin of 6.69%.The business had revenue of $442.29 million during the quarter, compared to the consensus estimate of $477.30 million. OneWater Marine has set its FY 2026 guidance at 0.200-0.700 EPS. As a group, sell-side analysts anticipate that OneWater Marine Inc. will post 0.58 EPS for the current fiscal year.

Hedge Funds Weigh In On OneWater Marine

Institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its stake in OneWater Marine by 94.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,872 shares of the company’s stock valued at $45,000 after acquiring an additional 1,395 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in OneWater Marine in the fourth quarter worth approximately $82,000. Hsbc Holdings PLC acquired a new position in OneWater Marine in the first quarter worth approximately $113,000. JPMorgan Chase & Co. increased its holdings in OneWater Marine by 50.0% in the third quarter. JPMorgan Chase & Co. now owns 8,129 shares of the company’s stock worth $129,000 after buying an additional 2,710 shares during the last quarter. Finally, Man Group plc acquired a new position in OneWater Marine in the fourth quarter worth approximately $139,000. Hedge funds and other institutional investors own 94.32% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on ONEW. Robert W. Baird set a $13.00 price objective on OneWater Marine in a report on Friday, May 1st. Truist Financial cut their price objective on OneWater Marine from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, April 27th. KeyCorp cut their price objective on OneWater Marine from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of OneWater Marine in a report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $14.00.

Check Out Our Latest Report on OneWater Marine

OneWater Marine Company Profile

(Get Free Report)

OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services. Since its public debut in 2018, the company has built a broad network of locations that serve both coastal and inland markets. OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.

Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.

Further Reading

Insider Buying and Selling by Quarter for OneWater Marine (NASDAQ:ONEW)

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