ON24, Inc. (NYSE:ONTF) CFO Sells $12,871.15 in Stock

ON24, Inc. (NYSE:ONTF) CFO Steven Vattuone sold 1,879 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $6.85, for a total transaction of $12,871.15. Following the sale, the chief financial officer now directly owns 542,451 shares in the company, valued at $3,715,789.35. This trade represents a 0.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Steven Vattuone also recently made the following trade(s):

• On Tuesday, January 21st, Steven Vattuone sold 4,997 shares of ON24 stock. The shares were sold at an average price of $6.52, for a total transaction of $32,580.44.
• On Friday, January 17th, Steven Vattuone sold 1,022 shares of ON24 stock. The shares were sold at an average price of $6.50, for a total transaction of $6,643.00.
• On Wednesday, January 15th, Steven Vattuone sold 500 shares of ON24 stock. The shares were sold at an average price of $6.50, for a total transaction of $3,250.00.
• On Monday, January 6th, Steven Vattuone sold 6,624 shares of ON24 stock. The shares were sold at an average price of $6.68, for a total transaction of $44,248.32.
• On Friday, January 3rd, Steven Vattuone sold 18,376 shares of ON24 stock. The shares were sold at an average price of $6.59, for a total transaction of $121,097.84.
• On Monday, December 16th, Steven Vattuone sold 3,830 shares of ON24 stock. The shares were sold at an average price of $6.96, for a total transaction of $26,656.80.
• On Wednesday, December 18th, Steven Vattuone sold 17,025 shares of ON24 stock. The shares were sold at an average price of $6.70, for a total transaction of $114,067.50.
• On Wednesday, December 4th, Steven Vattuone sold 7,538 shares of ON24 stock. The shares were sold at an average price of $6.69, for a total transaction of $50,429.22.
• On Monday, December 2nd, Steven Vattuone sold 4,269 shares of ON24 stock. The shares were sold at an average price of $6.63, for a total transaction of $28,303.47.
• On Wednesday, November 20th, Steven Vattuone sold 4,383 shares of ON24 stock. The shares were sold at an average price of $6.29, for a total transaction of $27,569.07.

ON24 Trading Down 0.3 %

Shares of ON24 stock opened at $6.68 on Thursday. The firm has a 50-day simple moving average of $6.65 and a two-hundred day simple moving average of $6.39. ON24, Inc. has a fifty-two week low of $5.37 and a fifty-two week high of $8.35.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ONTF. JPMorgan Chase & Co. raised its position in shares of ON24 by 43.5% in the fourth quarter. JPMorgan Chase & Co. now owns 821,461 shares of the company’s stock worth $5,307,000 after acquiring an additional 249,045 shares during the period. P.A.W. Capital Corp acquired a new position in shares of ON24 during the 4th quarter worth about $484,000. Norges Bank acquired a new position in shares of ON24 during the 4th quarter worth about $428,000. Arrowstreet Capital Limited Partnership raised its position in shares of ON24 by 15.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 490,086 shares of the company’s stock worth $3,166,000 after purchasing an additional 66,022 shares during the last quarter. Finally, Horrell Capital Management Inc. raised its position in shares of ON24 by 15.9% during the 4th quarter. Horrell Capital Management Inc. now owns 394,196 shares of the company’s stock worth $2,547,000 after purchasing an additional 54,000 shares during the last quarter. Institutional investors and hedge funds own 83.93% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “hold” rating on shares of ON24 in a research report on Wednesday, January 15th.

About ON24

ON24, Inc provides a cloud-based intelligent engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Elite, for live and interactive webinar experience; ON24 Breakouts, for live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, for live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, for live and large scale managed virtual event experience.