A recent disclosure filed with the Securities and Exchange Commission revealed that Steven Vattuone, the Chief Financial Officer of ON24 Inc. (NYSE: ONTF), offloaded 26,460 company shares on March 13, 2024. The transaction, executed at an average price of $6.63 per share, amounted to a total value of $175,498.80. As of the day of Vattuone’s share sale, ON24 Inc. shares were trading at $6.63, reflecting a market capitalization of $275.153 million.
ON24 Inc. is renowned for its expertise in webinar-based marketing solutions and virtual event technology. Through its innovative platform, businesses can craft and deliver captivating online events and interactive experiences, fostering audience engagement, lead generation, and customer education.
Vattuone’s recent sale adds to a series of insider transactions over the past year, tallying up to a total divestment of 272,021 ON24 Inc. shares. Notably, there have been no purchases of the company’s stock within the same period. This trend underscores a pattern of insider selling, with 46 insider sells recorded and no insider buys over the past year.
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