Recent Insider Activity Suggests Potential Gains for Onto Innovation Inc (ONTO)

Onto Innovation Inc’s filing revealed 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 $1.47 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 $14.25 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 fall -5.30% to $94.70. Over the last five days, the stock has lost -1.46%. Onto Innovation Inc shares have fallen nearly -43.18% since the year began. Nevertheless, the stocks have fallen -56.63% 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.

Levels Of Support And Resistance For ONTO Stock

The 24-hour chart illustrates a support level at 93.35, which if violated will result in even more drops to 91.99. On the upside, there is a resistance level at 96.93. A further resistance level may holdings at 99.15.

How much short interest is there in Onto Innovation Inc?

A steep rise in short interest was recorded in Onto Innovation Inc stocks on 2025-05-30, dropping by -0.27 million shares to a total of 1.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.94 million shares. There was a decline of -16.29%, which implies that there is a negative sentiment for the stock.

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