Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. On Holding AG shares valued at $23,665,216 were purchased by Olivier Bernhard on Jan 30 ’25. At $63.04 per share, Olivier Bernhard acquired 375,400 shares.
Also, Olivier Bernhard purchased 234,050 shares, netting a total of over 12,783,811 in proceeds.
Before that, Marc Maurer had added 68,653 shares to its account. In a trade valued at $3,749,827, the Officer bought On Holding AG shares for $54.62 each.
As published in a research note from Goldman on February 12, 2025, On Holding AG [ONON] has been rated down from a Buy to a Neutral and the price target has been revised to $57. As of December 18, 2024, Citigroup has initiated its “Neutral” rating for ONON. Earlier on November 22, 2024, Needham initiated its rating. Their recommendation was “a Buy” for ONON stock.
Analyzing ONON Stock Performance
During the last five days, there has been a drop of approximately -8.47%. Over the course of the year, On Holding AG shares have dropped approximately -1.33%. Shares of the company reached a 52-week high of $64.05 on 01/30/25 and a 52-week low of $50.33 on 02/12/25. A 50-day SMA is recorded $57.38, while a 200-day SMA reached $47.16. Nevertheless, trading volume fell to 6.73 million shares from 4.56 million shares the previous day.
Support And Resistance Levels for On Holding AG (ONON)
According to the 24-hour chart, there is a support level at 51.55, which, if violated, would cause prices to drop to 49.05. In the upper region, resistance lies at 55.32. The next price resistance is at 56.59. RSI (Relative Strength Index) is 38.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.32, which suggests the price will decrease in the coming days. Percent R is at 72.96%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
