ON24, Inc. (NYSE:ONTF) CFO Sells $121,097.84 in Stock

ON24, Inc. (NYSE:ONTFGet Free Report) CFO Steven Vattuone sold 18,376 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $6.59, for a total transaction of $121,097.84. Following the completion of the transaction, the chief financial officer now directly owns 544,386 shares of the company’s stock, valued at approximately $3,587,503.74. The trade was a 3.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • 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 Monday, December 16th, Steven Vattuone sold 3,830 shares of ON24 stock. The stock was sold at an average price of $6.96, for a total transaction of $26,656.80.
  • On Wednesday, December 18th, Steven Vattuone sold 17,025 shares of ON24 stock. The stock was sold at an average price of $6.70, for a total transaction of $114,067.50.
  • On Wednesday, December 4th, Steven Vattuone sold 7,538 shares of ON24 stock. The stock was sold at an average price of $6.69, for a total value of $50,429.22.
  • On Monday, December 2nd, Steven Vattuone sold 4,269 shares of ON24 stock. The stock was sold at an average price of $6.63, for a total value of $28,303.47.
  • On Wednesday, November 20th, Steven Vattuone sold 4,383 shares of ON24 stock. The stock was sold at an average price of $6.29, for a total transaction of $27,569.07.

ON24 Stock Performance

NYSE ONTF opened at $6.57 on Friday. ON24, Inc. has a 52-week low of $5.37 and a 52-week high of $8.35. The stock has a market cap of $273.65 million, a PE ratio of -6.32 and a beta of 0.50. The firm has a 50-day moving average of $6.55 and a 200-day moving average of $6.30.

Hedge Funds Weigh In On ON24

A number of large investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in ON24 in the 3rd quarter valued at $62,000. Marshall Wace LLP acquired a new position in shares of ON24 in the second quarter valued at about $72,000. The Manufacturers Life Insurance Company increased its position in ON24 by 19.1% during the second quarter. The Manufacturers Life Insurance Company now owns 13,477 shares of the company’s stock worth $81,000 after acquiring an additional 2,158 shares during the period. Gladius Capital Management LP raised its stake in ON24 by 151.2% in the 3rd 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 in the last quarter. Finally, FMR LLC increased its holdings in shares of ON24 by 45.0% during the third quarter. FMR LLC now owns 27,483 shares of the company’s stock worth $168,000 after purchasing an additional 8,528 shares during the period. Institutional investors own 83.93% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated a “hold” rating on shares of ON24 in a research note on Friday, November 8th.

Read Our Latest Stock Analysis on ONTF

ON24 Company Profile

(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.

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