ON24 Inc’s recent filing unveils that its Chief Financial Officer Vattuone Steven unloaded Company’s shares for reported $41076.0 on Feb 12 ’25. In the deal valued at $6.68 per share,6,146 shares were sold. As a result of this transaction, Vattuone Steven now holds 534,386 shares worth roughly $ 3.69 million.
Then, STEVEN VATTUONE bought 6,146 shares, generating $41,178 in total proceeds.
Before that, Sahasi Jayesh sold 1,637 shares. ON24 Inc shares valued at $11,218 were divested by the EV President, Product and CTO at a price of $6.85 per share. As a result of the transaction, Sahasi Jayesh now holds 696,957 shares, worth roughly $4.82 million.
KeyBanc Capital Markets initiated its ON24 Inc [ONTF] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. William Blair also remained covering ONTF and has decreased its forecast on March 01, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Robert W. Baird revised its rating on March 01, 2022. It rated ONTF as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of ONTF
On Friday, ON24 Inc [NYSE:ONTF] saw its stock fall -0.29% to $6.91. Over the last five days, the stock has gained 0.14%. ON24 Inc shares have risen nearly 6.97% since the year began. Nevertheless, the stocks have fallen -8.36% over the past one year. While a 52-week high of $8.35 was reached on 02/06/25, a 52-week low of $5.37 was recorded on 01/13/25. SMA at 50 days reached $6.67, while 200 days put it at $6.31.
Levels Of Support And Resistance For ONTF Stock
The 24-hour chart illustrates a support level at 6.88, which if violated will result in even more drops to 6.85. On the upside, there is a resistance level at 6.97. A further resistance level may holdings at 7.03. The Relative Strength Index (RSI) on the 14-day chart is 58.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.74%. Stochastics %K at 62.22% indicates the stock is a holding.
How much short interest is there in ON24 Inc?
A steep rise in short interest was recorded in ON24 Inc stocks on 2025-01-31, growing by 45782.0 shares to a total of 0.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.34 million shares. There was a rise of 11.99%, which implies that there is a positive sentiment for the stock.
