1 day Ago By Defense World Staff
Norges Bank purchased a new position in shares of ON24, Inc. (NYSE:ONTF – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 66,200 shares of the company’s stock, valued at approximately $428,000.
Norges Bank owned about 0.16% of ON24 at the end of the most recent reporting period. Other large investors have also bought and sold shares of the company.
Charles Schwab Investment Management Inc. raised its position in shares of ON24 by 0.8% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 285,071 shares of the company’s stock valued at $1,842,000 after acquiring an additional 2,189 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of ON24 by 38.
1% during the fourth quarter. SG Americas Securities LLC now owns 14,092 shares of the company’s stock worth $91,000 after purchasing an additional 3,891 shares during the period. FMR LLC increased its holdings in ON24 by 45.
0% in the third quarter. FMR LLC now owns 27,483 shares of the company’s stock valued at $168,000 after purchasing an additional 8,528 shares during the last quarter. American Century Companies Inc.
increased its holdings in ON24 by 39.2% in the fourth quarter. American Century Companies Inc.
now owns 31,162 shares of the company’s stock valued at $201,000 after purchasing an additional 8,776 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in ON24 by 13.6% in the fourth quarter.
Bank of New York Mellon Corp now owns 85,356 shares of the company’s stock valued at $551,000 after buying an additional 10,192 shares during the period. 83.93% of the stock is currently owned by institutional investors and hedge funds.
Insider ActivityIn related news, major shareholder Lake Lp Lynrock bought 27,921 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were purchased at an average cost of $5.57 per share, for a total transaction of $155,519.
97. Following the acquisition, the insider now owns 7,357,680 shares of the company’s stock, valued at approximately $40,982,277.60.
This represents a 0.38 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Also, Director Dominique Trempont sold 4,250 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $6.40, for a total transaction of $27,200.
00. Following the completion of the transaction, the director now owns 258,850 shares of the company’s stock, valued at $1,656,640. This trade represents a 1.
62 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 206,529 shares of company stock worth $1,174,541 and have sold 198,813 shares worth $1,151,042.
32.30% of the stock is currently owned by company insiders. Wall Street Analysts Forecast GrowthSeveral equities analysts have recently issued reports on ONTF shares.
William Blair restated a “market perform” rating on shares of ON24 in a research report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their price objective on shares of ON24 from $7.
00 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, February 26th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of ON24 in a report on Wednesday, February 26th.
Get Our Latest Report on ON24ON24 Trading Up 1.7 %NYSE:ONTF opened at $4.76 on Friday.
ON24, Inc. has a 1 year low of $4.48 and a 1 year high of $7.
11. The stock has a 50-day moving average price of $5.75 and a two-hundred day moving average price of $6.
22. The stock has a market cap of $201.47 million, a price-to-earnings ratio of -4.
58 and a beta of 0.55. About ON24 (Free Report)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.See AlsoFive stocks we like better than ON24How to buy stock: A step-by-step guide for beginners Robinhood Strategies Could Be a Game-Changer for Young InvestorsPros And Cons Of Monthly Dividend StocksAre These 3 Retail Stocks Oversold or Really in Trouble?What is the Hang Seng index? IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
