Steven Vattuone Sells 8,283 Shares of ON24, Inc. (NYSE:ONTF) Stock

ON24, Inc. (NYSE:ONTFGet Free Report) CFO Steven Vattuone sold 8,283 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $5.57, for a total value of $46,136.31. Following the completion of the sale, the chief financial officer now owns 517,892 shares of the company’s stock, valued at $2,884,658.44. The trade was a 1.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Steven Vattuone also recently made the following trade(s):

  • On Wednesday, March 5th, Steven Vattuone sold 22,047 shares of ON24 stock. The stock was sold at an average price of $5.63, for a total value of $124,124.61.
  • On Thursday, February 20th, Steven Vattuone sold 3,094 shares of ON24 stock. The shares were sold at an average price of $6.38, for a total value of $19,739.72.
  • On Wednesday, February 12th, Steven Vattuone sold 6,146 shares of ON24 stock. The shares were sold at an average price of $6.68, for a total value of $41,055.28.
  • On Monday, February 10th, Steven Vattuone sold 1,879 shares of ON24 stock. The stock was sold at an average price of $6.85, for a total transaction of $12,871.15.
  • On Tuesday, January 21st, Steven Vattuone sold 4,997 shares of ON24 stock. The shares were sold at an average price of $6.52, for a total transaction of $32,580.44.
  • On Friday, January 17th, Steven Vattuone sold 1,022 shares of ON24 stock. The shares were sold at an average price of $6.50, for a total transaction of $6,643.00.
  • On Wednesday, January 15th, Steven Vattuone sold 500 shares of ON24 stock. The stock was sold at an average price of $6.50, for a total transaction of $3,250.00.
  • On Monday, January 6th, Steven Vattuone sold 6,624 shares of ON24 stock. The shares were sold at an average price of $6.68, for a total value of $44,248.32.
  • On Friday, January 3rd, Steven Vattuone sold 18,376 shares of ON24 stock. The stock was sold at an average price of $6.59, for a total value of $121,097.84.
  • On Monday, December 16th, Steven Vattuone sold 3,830 shares of ON24 stock. The shares were sold at an average price of $6.96, for a total value of $26,656.80.

ON24 Stock Performance

Shares of ONTF opened at $5.75 on Friday. The stock has a 50-day moving average of $6.47 and a two-hundred day moving average of $6.39. The stock has a market cap of $239.28 million, a P/E ratio of -5.52 and a beta of 0.55. ON24, Inc. has a one year low of $5.37 and a one year high of $7.38.

Institutional Investors Weigh In On ON24

A number of institutional investors and hedge funds have recently modified their holdings of ONTF. SG Americas Securities LLC raised its position in ON24 by 38.1% during the 4th quarter. SG Americas Securities LLC now owns 14,092 shares of the company’s stock worth $91,000 after buying an additional 3,891 shares during the last quarter. Squarepoint Ops LLC increased its stake in shares of ON24 by 56.6% in the fourth quarter. Squarepoint Ops LLC now owns 15,804 shares of the company’s stock worth $102,000 after acquiring an additional 5,713 shares during the period. Wells Fargo & Company MN raised its holdings in shares of ON24 by 25.6% during the fourth quarter. Wells Fargo & Company MN now owns 17,270 shares of the company’s stock worth $112,000 after purchasing an additional 3,518 shares during the last quarter. Gladius Capital Management LP raised its holdings in shares of ON24 by 151.2% during the third quarter. Gladius Capital Management LP now owns 22,854 shares of the company’s stock worth $140,000 after purchasing an additional 13,755 shares during the last quarter. Finally, R Squared Ltd acquired a new position in ON24 during the fourth quarter valued at $153,000. Institutional investors and hedge funds own 83.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of ON24 from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. William Blair restated a “market perform” rating on shares of ON24 in a report on Wednesday, February 26th. Finally, Needham & Company LLC restated a “hold” rating on shares of ON24 in a research note on Wednesday, February 26th.

Read Our Latest Report on ON24

About ON24

(Get Free Report)

ON24, Inc provides a cloud-based intelligent engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Elite, for live and interactive webinar experience; ON24 Breakouts, for live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, for live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, for live and large scale managed virtual event experience.

See Also

Insider Buying and Selling by Quarter for ON24 (NYSE:ONTF)

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