Key Points
- Director Thomas Kosasa bought 268,817 OneMedNet shares for about $250,000 at $0.93 each, increasing his stake by 1.61% to 16.93 million shares.
- Kosasa also made a similar purchase in April, buying 280,898 shares for roughly $250,000 at an average price of $0.89 per share.
- OneMedNet recently reported a Q1 loss of $0.04 per share on just $0.10 million in revenue, and the stock was trading near $0.87 with a market cap of $47.09 million.
OneMedNet Corporation (NASDAQ:ONMD - Get Free Report) Director Thomas Kosasa bought 268,817 shares of the business's stock in a transaction dated Monday, May 18th. The stock was bought at an average price of $0.93 per share, for a total transaction of $249,999.81. Following the purchase, the director owned 16,930,144 shares in the company, valued at approximately $15,745,033.92. This represents a 1.61% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Thomas Kosasa also recently made the following trade(s):
- On Thursday, April 23rd, Thomas Kosasa bought 280,898 shares of OneMedNet stock. The stock was bought at an average price of $0.89 per share, for a total transaction of $249,999.22.
OneMedNet Stock Performance
Shares of OneMedNet stock opened at $0.87 on Thursday. The firm has a market cap of $47.09 million, a PE ratio of -12.36 and a beta of 1.25. The firm's 50-day simple moving average is $0.89 and its 200-day simple moving average is $1.06. OneMedNet Corporation has a 1 year low of $0.31 and a 1 year high of $4.22.
OneMedNet (NASDAQ:ONMD - Get Free Report) last issued its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $0.10 million for the quarter.
Institutional Investors Weigh In On OneMedNet
Institutional investors have recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of OneMedNet in the 3rd quarter valued at about $25,000. HRT Financial LP acquired a new stake in shares of OneMedNet in the 4th quarter valued at about $32,000. Virtu Financial LLC acquired a new stake in shares of OneMedNet in the 4th quarter valued at about $48,000. Jane Street Group LLC acquired a new stake in shares of OneMedNet in the 4th quarter valued at about $119,000. Finally, State Street Corp raised its stake in shares of OneMedNet by 41.5% in the 4th quarter. State Street Corp now owns 116,700 shares of the company's stock valued at $128,000 after purchasing an additional 34,200 shares in the last quarter. Institutional investors and hedge funds own 0.95% of the company's stock.
OneMedNet Company Profile
(
Get Free Report)
OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences. OneMedNet Corporation is based in Eden Prairie, Minnesota.
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