ON24, Inc. (NYSE:ONTF) CFO Sells $12,871.15 in Stock

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

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

• 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 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 transaction of $6,643.00.
• On Wednesday, January 15th, Steven Vattuone sold 500 shares of ON24 stock. The shares were 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 transaction 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 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 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 transaction of $50,429.22.
• On Monday, December 2nd, Steven Vattuone sold 4,269 shares of ON24 stock. The shares were sold at an average price of $6.63, for a total transaction 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 Price Performance

Shares of NYSE:ONTF opened at $6.72 on Wednesday. The business’s 50 day simple moving average is $6.65 and its 200 day simple moving average is $6.39. ON24, Inc. has a 1 year low of $5.37 and a 1 year high of $8.35. The company has a market capitalization of $279.68 million, a P/E ratio of -6.46 and a beta of 0.52.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On ON24

Institutional investors and hedge funds have recently modified their holdings of the business. P.A.W. Capital Corp bought a new stake in shares of ON24 in the 4th quarter valued at $484,000. Horrell Capital Management Inc. increased its stake in ON24 by 15.9% in the fourth quarter. Horrell Capital Management Inc. now owns 394,196 shares of the company’s stock valued at $2,547,000 after purchasing an additional 54,000 shares in the last quarter. Barclays PLC increased its stake in ON24 by 48.7% in the third quarter. Barclays PLC now owns 101,837 shares of the company’s stock valued at $624,000 after purchasing an additional 33,352 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of ON24 by 91.2% during the third quarter. Jane Street Group LLC now owns 61,122 shares of the company’s stock valued at $374,000 after purchasing an additional 29,148 shares during the period. Finally, R Squared Ltd bought a new position in shares of ON24 during the 4th quarter worth about $153,000. 83.93% of the stock is currently owned by institutional investors.

ON24 Company Profile

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.