Steven Vattuone Sells 1,879 Shares of ON24, Inc. (NYSE:ONTF) Stock

Posted by Tech Dows on Feb 12th, 2025

ON24, Inc. (NYSE:ONTF – Get Free Report) CFO Steven Vattuone sold 1,879 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $6.85, for a total value of $12,871.15. Following the completion of the sale, the chief financial officer now directly owns 542,451 shares of the company’s stock, valued at $3,715,789.35. The trade was a 0.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

On Tuesday, January 21st, Steven Vattuone sold 4,997 shares of ON24 stock. The stock was sold at an average price of $6.52, for a total value of $32,580.44.
On Friday, January 17th, Steven Vattuone sold 1,022 shares of ON24 stock. The stock was sold at an average price of $6.50, for a total value 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 value of $3,250.00.
On Monday, January 6th, Steven Vattuone sold 6,624 shares of ON24 stock. The stock was 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 stock was sold at an average price of $6.96, for a total value 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 value 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 value of $27,569.07.

ON24 Price Performance

Shares of NYSE ONTF traded down $0.07 during midday trading on Tuesday, reaching $6.72. The company’s stock had a trading volume of 130,757 shares, compared to its average volume of 95,050. ON24, Inc. has a 12-month low of $5.37 and a 12-month high of $8.35. The firm has a 50 day moving average price of $6.65 and a 200-day moving average price of $6.39. The stock has a market capitalization of $279.68 million, a P/E ratio of -6.46 and a beta of 0.52.

Hedge Funds Weigh In On ON24

Several institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its position in shares of ON24 by 48.7% during the 3rd quarter. Barclays PLC now owns 101,837 shares of the company’s stock valued at $624,000 after buying an additional 33,352 shares during the last quarter. Jane Street Group LLC raised its stake in ON24 by 91.2% in the 3rd quarter. Jane Street Group LLC now owns 61,122 shares of the company’s stock valued at $374,000 after acquiring an additional 29,148 shares during the period. FMR LLC lifted its holdings in ON24 by 45.0% during the third quarter. FMR LLC now owns 27,483 shares of the company’s stock valued at $168,000 after purchasing an additional 8,528 shares during the last quarter. Cubist Systematic Strategies LLC boosted its position in ON24 by 8.8% during the second quarter. Cubist Systematic Strategies LLC now owns 65,690 shares of the company’s stock worth $395,000 after purchasing an additional 5,337 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in shares of ON24 by 19.1% in the second quarter. The Manufacturers Life Insurance Company now owns 13,477 shares of the company’s stock worth $81,000 after purchasing an additional 2,158 shares in the last quarter. 83.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Needham & Company LLC restated a “hold” rating on shares of ON24 in a research note on Wednesday, January 15th.

Check Out Our Latest Research Report 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.