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

Posted by Trina Covell on Feb 12th, 2025

ON24, Inc. (NYSE:ONTF – Get Free Report) CFO Steven Vattuone sold 1,879 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $6.85, for a total value of $12,871.15. Following the transaction, the chief financial officer now owns 542,451 shares in the company, valued at approximately $3,715,789.35. This trade represents a 0.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 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 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 shares were 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.
On Wednesday, December 18th, Steven Vattuone sold 17,025 shares of ON24 stock. The shares were 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 shares were 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 shares were 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 shares were 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 mid-day trading on Tuesday, hitting $6.72. 130,757 shares of the stock traded hands, compared to its average volume of 95,050. The company has a market cap of $279.68 million, a PE ratio of -6.46 and a beta of 0.52. ON24, Inc. has a twelve month low of $5.37 and a twelve month high of $8.35. The firm has a 50 day simple moving average of $6.65 and a two-hundred day simple moving average of $6.39.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in ON24 during the 3rd quarter worth about $62,000. Marshall Wace LLP bought a new position in shares of ON24 in the 2nd quarter worth about $72,000. The Manufacturers Life Insurance Company raised its position in shares of ON24 by 19.1% in the 2nd 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 in the last quarter. Gladius Capital Management LP raised its position in shares of 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 acquiring an additional 13,755 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of ON24 in the 4th quarter worth about $153,000. 83.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on ONTF

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.