On November 20, 2024, J Roy, a Director at OneWater Marine Inc (ONEW, Financial), purchased 2,500 shares of the company. Following this transaction, the insider now owns a total of 20,760 shares. The purchase was documented in an SEC Filing.
OneWater Marine Inc is a leading recreational boat retailer in the United States, offering a wide range of products and services, including new and pre-owned boats, parts and accessories, and maintenance services.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been 10 insider buys and no insider sells at OneWater Marine Inc. This trend suggests a positive sentiment among insiders regarding the company's prospects.
On the day of the purchase, shares of OneWater Marine Inc were trading at $19.05, giving the stock a market cap of $292.83 million. The company's stock is currently trading at a GF Value of $30.98, resulting in a price-to-GF-Value ratio of 0.61. This indicates that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
