ON24 (NYSE:ONTF - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $35.87 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
ON24 Trading Down 3.7 %
NYSE:ONTF traded down $0.24 on Friday, hitting $6.12. 113,357 shares of the company's stock traded hands, compared to its average volume of 92,258. ON24 has a 1 year low of $5.37 and a 1 year high of $8.28. The firm has a 50-day moving average price of $6.63 and a 200-day moving average price of $6.41. The company has a market cap of $254.70 million, a PE ratio of -5.88 and a beta of 0.52.
Insider Activity at ON24
In other ON24 news, Director Dominique Trempont sold 4,250 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $6.98, for a total transaction of $29,665.00. Following the completion of the sale, the director now owns 263,100 shares of the company's stock, valued at $1,836,438. This represents a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven Vattuone sold 4,269 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $6.63, for a total value of $28,303.47. Following the sale, the chief financial officer now directly owns 579,322 shares of the company's stock, valued at $3,840,904.86. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 168,637 shares of company stock valued at $1,110,727. 32.30% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC reaffirmed a "hold" rating on shares of ON24 in a research note on Wednesday, January 15th.
View Our Latest Analysis on ONTF
About ON24
(
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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.
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