On December 12, 2024, Jayesh Sahasi, the President, Product and Chief Technology Officer of EV, executed a sale of 5,247 shares of ON24 Inc (ONTF, Financial). Following this transaction, the insider now holds 692,045 shares of the company. The details of this transaction can be found in the SEC Filing.
ON24 Inc is a company that provides a cloud-based platform for digital experiences, including webinars, virtual events, and multimedia content experiences. The platform is designed to help businesses engage with their audiences, generate leads, and drive revenue growth.
Over the past year, Jayesh Sahasi has sold a total of 120,146 shares and has not made any purchases. The insider transaction history for ON24 Inc indicates that there have been no insider buys in the past year, while there have been 56 insider sells.
As of the date of the recent sale, shares of ON24 Inc were trading at $7 each, resulting in a market cap of $290.306 million. The stock's GF Value is estimated at $7.26, giving it a price-to-GF-Value ratio of 0.96, which suggests that the stock is fairly valued according to its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
