ON24, Inc. (NYSE:ONTF – Get Free Report) insider Jayesh Sahasi sold 5,047 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $7.00, for a total transaction of $35,329.00. Following the transaction, the insider now directly owns 692,045 shares of the company’s stock, valued at $4,844,315. The trade was a 0.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Jayesh Sahasi also recently made the following trade(s):
- On Tuesday, December 10th, Jayesh Sahasi sold 100 shares of ON24 stock. The stock was sold at an average price of $7.00, for a total value of $700.00.
- On Wednesday, December 4th, Jayesh Sahasi sold 6,457 shares of ON24 stock. The stock was sold at an average price of $6.69, for a total value of $43,197.33.
- On Monday, December 2nd, Jayesh Sahasi sold 3,656 shares of ON24 stock. The shares were sold at an average price of $6.63, for a total value of $24,239.28.
- On Wednesday, November 20th, Jayesh Sahasi sold 4,089 shares of ON24 stock. The shares were sold at an average price of $6.29, for a total value of $25,719.81.
ON24 Trading Down 0.9 %
Shares of NYSE ONTF opened at $6.91 on Friday. The stock has a market cap of $287.81 million, a P/E ratio of -6.64 and a beta of 0.51. The business’s fifty day simple moving average is $6.42 and its 200-day simple moving average is $6.19. ON24, Inc. has a 12-month low of $5.37 and a 12-month high of $8.35.
Institutional Investors Weigh In On ON24
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC reissued a “hold” rating on shares of ON24 in a research note on Friday, November 8th.
Read Our Latest Stock Analysis on ONTF
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.
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