Onto Innovation Inc’s filing revealed that its Officer Plisinski Michael P acquired Company’s shares for reported $4.0 million on Jan 14 ’25. In the deal valued at $200.20 per share,20,000 shares were bought.
Then, Slicer Mark sold 1,100 shares, generating $176,451 in total proceeds. Upon selling the shares at $160.41, the Chief Financial Officer now owns 10,933 shares.
Before that, MARK R SLICER bought 1,100 shares. Onto Innovation Inc shares valued at $176,451 were divested by the Officer at a price of $160.41 per share.
Cantor Fitzgerald initiated its Onto Innovation Inc [ONTO] rating to an Overweight in a research note published on January 13, 2025; the price target was $250. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in late September with a ‘”an Outperform”‘ rating. Needham also remained covering ONTO and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Hold” rating. Jefferies started covering the stock on May 13, 2024. It rated ONTO as “a Buy”.
Price Performance Review of ONTO
On Tuesday, Onto Innovation Inc [NYSE:ONTO] saw its stock jump 5.89% to $202.15. Over the last five days, the stock has gained 5.07%. Onto Innovation Inc shares have risen nearly 21.29% since the year began. Nevertheless, the stocks have risen 41.93% over the past one year. While a 52-week high of $238.93 was reached on 01/14/25, a 52-week low of $141.79 was recorded on 01/02/25. SMA at 50 days reached $172.55, while 200 days put it at $196.63.
Levels Of Support And Resistance For ONTO Stock
The 24-hour chart illustrates a support level at 195.86, which if violated will result in even more drops to 189.57. On the upside, there is a resistance level at 205.99. A further resistance level may holdings at 209.82. The Relative Strength Index (RSI) on the 14-day chart is 72.78, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.61%. Stochastics %K at 83.77% indicates the stock is a selling.
How much short interest is there in Onto Innovation Inc?
A steep rise in short interest was recorded in Onto Innovation Inc stocks on 2024-12-31, growing by 0.2 million shares to a total of 1.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.96 million shares. There was a rise of 16.93%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 10, 2024 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $250.
