Onto Innovation Inc’s recent filing unveils that 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 $1.86 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 $18.12 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 2.01% to $120.40. Over the last five days, the stock has gained 15.28%. Onto Innovation Inc shares have fallen nearly -27.76% since the year began. Nevertheless, the stocks have fallen -34.68% over the past one year. While a 52-week high of $238.93 was reached on 01/22/25, a 52-week low of $98.21 was recorded on 04/04/25. SMA at 50 days reached $147.38, while 200 days put it at $182.10.
Levels Of Support And Resistance For ONTO Stock
The 24-hour chart illustrates a support level at 115.89, which if violated will result in even more drops to 111.37. On the upside, there is a resistance level at 123.34. A further resistance level may holdings at 126.27. The Relative Strength Index (RSI) on the 14-day chart is 44.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 48.93%. Stochastics %K at 58.63% indicates the stock is a holding.
How much short interest is there in Onto Innovation Inc?
A steep rise in short interest was recorded in Onto Innovation Inc stocks on 2025-03-31, dropping by 4167.0 shares to a total of 1.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.51 million shares. There was a decline of -0.28%, which implies that there is a negative 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.
