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

ON24, Inc. (NYSE:ONTF - Get Free Report) CFO Steven Vattuone sold 1,879 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $6.85, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, February 12th, Steven Vattuone sold 6,146 shares of ON24 stock. The stock was sold at an average price of $6.68, for a total value of $41,055.28.
• 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 shares were 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 shares were sold at an average price of $6.68, for a total transaction 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 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 shares were 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 shares were sold at an average price of $6.63, for a total value of $28,303.47.

ON24 Price Performance

Shares of NYSE ONTF traded down $0.01 during mid-day trading on Friday, hitting $6.93. The company had a trading volume of 50,023 shares, compared to its average volume of 86,864. ON24, Inc. has a 12 month low of $5.37 and a 12 month high of $8.35. The firm has a market cap of $288.43 million, a P/E ratio of -6.66 and a beta of 0.52. The business's 50-day simple moving average is $6.67 and its 200-day simple moving average is $6.40.

Hedge Funds Weigh In On ON24

Several large investors have recently added to or reduced their stakes in the company. Barclays PLC increased its position in shares of ON24 by 48.7% during 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 during the period. Jane Street Group LLC increased its holdings 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 buying an additional 29,148 shares during the period. FMR LLC raised its stake in shares of ON24 by 45.0% in the 3rd quarter. FMR LLC now owns 27,483 shares of the company's stock valued at $168,000 after buying an additional 8,528 shares in the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of ON24 by 8.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 65,690 shares of the company's stock worth $395,000 after acquiring an additional 5,337 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of ON24 by 38.1% during the 4th quarter. SG Americas Securities LLC now owns 14,092 shares of the company's stock worth $91,000 after acquiring an additional 3,891 shares during the period. Institutional investors and hedge funds own 83.93% of the company's stock.

Analyst Ratings Changes

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

About ON24

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.