In a filing, Onto Innovation Inc revealed its Officer SRINIVAS VEDULA acquired Company’s shares for reported $40360.0 on Feb 13 ’25. In the deal valued at $169.58 per share,238 shares were bought.
Then, Plisinski Michael P sold 35,000 shares, generating $7,671,650 in total proceeds. Upon selling the shares at $219.19, the CEO now owns 150,492 shares.
Before that, Plisinski Michael P sold 30,000 shares. Onto Innovation Inc shares valued at $6,337,287 were divested by the CEO at a price of $211.24 per share. As a result of the transaction, Plisinski Michael P now holds 185,492 shares, worth roughly $32.75 million.
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 Friday, Onto Innovation Inc [NYSE:ONTO] saw its stock jump 1.55% to $176.55. Over the last five days, the stock has lost -5.57%. Onto Innovation Inc shares have risen nearly 5.93% since the year began. Nevertheless, the stocks have risen 4.85% over the past one year. While a 52-week high of $238.93 was reached on 01/22/25, a 52-week low of $145.15 was recorded on 01/02/25. SMA at 50 days reached $185.15, while 200 days put it at $198.25.
Levels Of Support And Resistance For ONTO Stock
The 24-hour chart illustrates a support level at 172.56, which if violated will result in even more drops to 168.57. On the upside, there is a resistance level at 178.80. A further resistance level may holdings at 181.05. The Relative Strength Index (RSI) on the 14-day chart is 41.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.58%. Stochastics %K at 10.37% indicates the stock is a buying.
How much short interest is there in Onto Innovation Inc?
A steep rise in short interest was recorded in Onto Innovation Inc stocks on 2025-01-31, growing by 0.26 million shares to a total of 1.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.16 million shares. There was a rise of 18.35%, 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.
