Steven Vattuone Sells 6,146 Shares of ON24, Inc. (NYSE:ONTF) Stock

ON24, Inc. (NYSE:ONTF - Get Free Report) CFO Steven Vattuone sold 6,146 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $6.68, for a total transaction of $41,055.28. Following the transaction, the chief financial officer now directly owns 534,386 shares of the company's stock, valued at $3,569,698.48. This trade represents a 1.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, February 10th, Steven Vattuone sold 1,879 shares of ON24 stock. The stock was sold at an average price of $6.85, for a total value of $12,871.15.
• 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 transaction 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 transaction 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 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 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 shares were sold at an average price of $6.63, for a total value of $28,303.47.

ON24 Trading Down 0.1 %

Shares of ON24 stock traded down $0.01 on Monday, hitting $6.93. 50,023 shares of the company traded hands, compared to its average volume of 86,864. The company has a market cap of $288.43 million, a PE ratio of -6.66 and a beta of 0.52. The stock's 50 day moving average price is $6.67 and its 200-day moving average price is $6.40. ON24, Inc. has a 52 week low of $5.37 and a 52 week high of $8.35.

Institutional Investors Weigh In On ON24

Institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC increased its stake 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 buying an additional 33,352 shares during the period. Jane Street Group LLC grew its holdings in ON24 by 91.2% during the 3rd quarter. Jane Street Group LLC now owns 61,122 shares of the company's stock worth $374,000 after acquiring an additional 29,148 shares in the last quarter. FMR LLC increased its position in ON24 by 45.0% during the 3rd 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 period. SG Americas Securities LLC raised its holdings in shares of ON24 by 38.1% in the 4th quarter. SG Americas Securities LLC now owns 14,092 shares of the company's stock valued at $91,000 after purchasing an additional 3,891 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted 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 purchasing an additional 2,158 shares during the period. 83.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated 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.