Banque Cantonale Vaudoise trimmed its holdings in shares of On Holding AG (NYSE:ONON – Free Report) by 22.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,641 shares of the company’s stock after selling 25,883 shares during the period. Banque Cantonale Vaudoise’s holdings in ON were worth $3,478,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently modified their holdings of the company. VisionPoint Advisory Group LLC acquired a new position in shares of ON during the fourth quarter worth approximately $32,000. Spire Wealth Management raised its position in shares of ON by 66.2% during the fourth quarter. Spire Wealth Management now owns 1,615 shares of the company’s stock worth $45,000 after purchasing an additional 643 shares during the period. WD Rutherford LLC acquired a new position in shares of ON during the first quarter worth approximately $52,000. Principal Securities Inc. acquired a new position in shares of ON during the fourth quarter worth approximately $88,000. Finally, Orion Capital Management LLC raised its position in shares of ON by 106.7% during the first quarter. Orion Capital Management LLC now owns 2,480 shares of the company’s stock worth $88,000 after purchasing an additional 1,280 shares during the period. 33.11% of the stock is currently owned by institutional investors.
ON Price Performance
Shares of ON stock traded up $0.06 during trading hours on Friday, hitting $46.98. 3,907,528 shares of the company’s stock traded hands, compared to its average volume of 5,295,203. On Holding AG has a 12-month low of $23.41 and a 12-month high of $48.08. The stock has a market capitalization of $29.58 billion, a price-to-earnings ratio of 106.77, a PEG ratio of 1.22 and a beta of 2.22. The company has a fifty day simple moving average of $40.16 and a 200-day simple moving average of $37.01.
Analyst Ratings Changes
View Our Latest Analysis on ONON
ON Company Profile
On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores.
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