Onto Innovation Inc’s recently made public 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 $1.55 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 $15.11 million.
Cantor Fitzgerald downgraded its Onto Innovation Inc [ONTO] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”an Overweight”‘ rating. Oppenheimer began covering ONTO with “an Outperform” recommendation on September 25, 2024. Needham revised its rating on August 19, 2024. It rated ONTO as “a Buy” which previously was an “a Hold”.
Price Performance Review of ONTO
On Monday, Onto Innovation Inc [NYSE:ONTO] saw its stock jump 1.03% to $100.42. Over the last five days, the stock has gained 7.41%. Onto Innovation Inc shares have fallen nearly -39.75% since the year began. Nevertheless, the stocks have fallen -57.02% over the past one year.
How much short interest is there in Onto Innovation Inc?
A steep rise in short interest was recorded in Onto Innovation Inc stocks on 2025-04-30, growing by 0.44 million shares to a total of 1.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 1.5 million shares. There was a rise of 22.48%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 13, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $265 price target.
