In a filing, Onto Innovation Inc revealed its SVP, Customer Success Vedula Srinivas unloaded Company’s shares for reported $40360.0 on Feb 13 ’25. In the deal valued at $169.58 per share,238 shares were sold. As a result of this transaction, Vedula Srinivas now holds 15,472 shares worth roughly $2.05 million.
Then, SRINIVAS VEDULA bought 238 shares, generating $40,360 in total proceeds.
Before that, Plisinski Michael P sold 35,000 shares. Onto Innovation Inc shares valued at $7,671,650 were divested by the CEO at a price of $219.19 per share. As a result of the transaction, Plisinski Michael P now holds 150,492 shares, worth roughly $19.99 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 fall -1.07% to $132.82. Over the last five days, the stock has lost -8.82%. Onto Innovation Inc shares have fallen nearly -20.31% since the year began. Nevertheless, the stocks have fallen -29.29% over the past one year. While a 52-week high of $238.93 was reached on 01/22/25, a 52-week low of $129.53 was recorded on 03/07/25. SMA at 50 days reached $180.06, while 200 days put it at $193.98.
Levels Of Support And Resistance For ONTO Stock
The 24-hour chart illustrates a support level at 128.51, which if violated will result in even more drops to 124.21. On the upside, there is a resistance level at 136.15. A further resistance level may holdings at 139.49. The Relative Strength Index (RSI) on the 14-day chart is 27.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.94%. Stochastics %K at 13.50% indicates the stock is a buying.
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.
