We wouldn't blame OneSpaWorld Holdings Limited (NASDAQ:OSW) shareholders if they were a little worried about the fact that Leonard Fluxman, the CEO & Executive Chairman recently netted about US$2.2m selling shares at an average price of US$24.06. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 7.3%.

The Last 12 Months Of Insider Transactions At OneSpaWorld Holdings

Notably, that recent sale by Leonard Fluxman is the biggest insider sale of OneSpaWorld Holdings shares that we've seen in the last year. That means that even when the share price was slightly below the current price of US$24.28, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 7.3% of Leonard Fluxman's holding.

Insiders in OneSpaWorld Holdings didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. OneSpaWorld Holdings insiders own about US$68m worth of shares. That equates to 2.8% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The OneSpaWorld Holdings Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. But it is good to see that OneSpaWorld Holdings is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.