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On24 CFO Vattuone sells $164k in shares

Published 10/09/2025, 00:04
On24 CFO Vattuone sells $164k in shares
ONTF
2.54%

Chief Financial Officer of On24 INC (NYSE:ONTF), Steven Vattuone, sold a total of 29,662 shares of common stock in three separate transactions, netting approximately $163,868. The digital experience platform provider, currently valued at $234 million, shows strong financial health with a current ratio of 2.62 and minimal debt. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value assessment.

The sales occurred between September 5 and September 9. On September 5, Vattuone sold 5,251 shares in multiple transactions ranging from $5.45 to $5.63, for a total of $29,006. On September 8, he sold 4,195 shares in multiple transactions ranging from $5.49 to $5.61, totaling $23,368. On September 9, Vattuone sold 20,116 shares in multiple transactions ranging from $5.515 to $5.58, for a total of $111,494. These transactions occurred as the stock trades near $5.53, down about 14% year-to-date.

The sales executed on September 5 and 8 were made to cover tax withholding obligations related to the vesting of restricted stock units and were conducted under a pre-arranged 10B5-1 trading plan adopted on August 7, 2024. The sale on September 9 was executed under a separate 10B5-1 trading plan adopted on September 12, 2024. Following these transactions, Vattuone directly owns 583,594 shares of On24 INC. For deeper insights into insider transactions and comprehensive financial analysis, including 8 additional ProTips, check out the detailed research available on InvestingPro.

In other recent news, ON24 Inc. reported its second-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.02, outperforming the forecasted $0.01. Additionally, ON24’s revenue reached $35.3 million, which exceeded the anticipated $34.76 million. Despite these positive earnings and revenue results, the company’s stock experienced a decline in after-hours trading. These developments are part of a series of recent updates concerning the company.

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