We'd be surprised if ON24, Inc. (NYSE:ONTF) shareholders haven't noticed that the Chief Revenue Officer, James Blackie, recently sold US$141k worth of stock at US$5.63 per share. That sale was 12% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for ON24

The Last 12 Months Of Insider Transactions At ON24

Over the last year, we can see that the biggest insider sale was by the Independent Director, Dominique Trempont, for US$311k worth of shares, at about US$6.22 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$5.60. So it is hard to draw any strong conclusion from it.

In the last year ON24 insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Does ON24 Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that ON24 insiders own 10% of the company, worth about US$24m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The ON24 Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of ON24.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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