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 $1.49 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 $14.46 million.
Jefferies downgraded its Onto Innovation Inc [ONTO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who decreased its forecast for the stock in early May from “an Overweight” to “a Neutral”. Cantor Fitzgerald began covering ONTO with “an Overweight” recommendation on January 13, 2025. Oppenheimer started covering the stock on September 25, 2024. It rated ONTO as “an Outperform”.
Price Performance Review of ONTO
On Friday, Onto Innovation Inc [NYSE:ONTO] saw its stock jump 1.89% to $96.10. Over the last five days, the stock has gained 4.52%. Onto Innovation Inc shares have fallen nearly -42.34% since the year began. Nevertheless, the stocks have fallen -54.01% over the past one year. While a 52-week high of $238.93 was reached on 01/22/25, a 52-week low of $85.88 was recorded on 05/09/25. SMA at 50 days reached $110.43, while 200 days put it at $163.75.
Levels Of Support And Resistance For ONTO Stock
The 24-hour chart illustrates a support level at 94.64, which if violated will result in even more drops to 93.17. On the upside, there is a resistance level at 97.95. A further resistance level may holdings at 99.80. The Relative Strength Index (RSI) on the 14-day chart is 43.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.96%. Stochastics %K at 50.18% indicates the stock is a holding.
