On Holding AG (ONON) receives a Buy rating from Citigroup

On Holding AG’s filing revealed that its Other: Co-Founder Olivier Bernhard acquired Company’s shares for reported $13.98 million on May 05 ’25. In the deal valued at $48.91 per share,285,900 shares were bought.

Then, Marc Maurer bought 68,653 shares, generating $2,812,713 in total proceeds.

Before that, Caspar Coppetti bought 382,200 shares. On Holding AG shares valued at $16,786,224 were divested by the Other:Co-Founder at a price of $43.92 per share.

Citigroup upgraded its On Holding AG [ONON] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. HSBC Securities also remained covering ONON and has increased its forecast on March 11, 2025 with a “Buy” recommendation from previously “Hold” rating. Goldman revised its rating on February 12, 2025. It rated ONON as “a Neutral” which previously was an “a Buy”.

Price Performance Review of ONON

On Monday, On Holding AG [NYSE:ONON] saw its stock fall -0.04% to $48.89. Over the last five days, the stock has gained 4.94%. On Holding AG shares have fallen nearly -10.74% since the year began. Nevertheless, the stocks have risen 56.25% over the past one year. While a 52-week high of $64.05 was reached on 01/30/25, a 52-week low of $29.84 was recorded on 04/04/25. SMA at 50 days reached $45.60, while 200 days put it at $49.45.

Levels Of Support And Resistance For ONON Stock

The 24-hour chart illustrates a support level at 48.53, which if violated will result in even more drops to 48.17. On the upside, there is a resistance level at 49.42. A further resistance level may holdings at 49.95. The Relative Strength Index (RSI) on the 14-day chart is 60.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.52%. Stochastics %K at 91.61% indicates the stock is a selling.

How much short interest is there in On Holding AG?

A steep rise in short interest was recorded in On Holding AG stocks on 2025-04-15, growing by 0.86 million shares to a total of 13.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 12.64 million shares. There was a rise of 6.38%, which implies that there is a positive sentiment for the stock.

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