OneMedNet Corporation (NASDAQ:ONMD - Get Free Report) CEO Aaron Green acquired 18,702 shares of the stock in a transaction on Monday, June 15th. The shares were bought at an average price of $0.54 per share, with a total value of $10,099.08. Following the purchase, the chief executive officer directly owned 1,859,725 shares of the company's stock, valued at $1,004,251.50. The trade was a 1.02% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Aaron Green also recently made the following trade(s):
- On Friday, June 12th, Aaron Green acquired 36,920 shares of OneMedNet stock. The shares were bought at an average price of $0.56 per share, with a total value of $20,675.20.
OneMedNet Trading Down 10.2%
Shares of NASDAQ:ONMD opened at $0.50 on Wednesday. The stock has a market capitalization of $27.27 million, a price-to-earnings ratio of -10.02 and a beta of 1.12. OneMedNet Corporation has a 12-month low of $0.33 and a 12-month high of $4.22. The stock has a fifty day simple moving average of $0.86 and a two-hundred day simple moving average of $0.95.
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 business had revenue of $0.10 million for the quarter.
Wall Street Analyst Weigh In
Several brokerages have issued reports on ONMD. Wall Street Zen cut shares of OneMedNet from a "hold" rating to a "sell" rating in a report on Saturday, May 23rd. Weiss Ratings restated a "sell (e+)" rating on shares of OneMedNet in a research note on Monday, June 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, OneMedNet currently has a consensus rating of "Sell".
Get Our Latest Stock Analysis on ONMD
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. State Street Corp increased its position in OneMedNet by 41.5% during the fourth quarter. State Street Corp now owns 116,700 shares of the company's stock valued at $128,000 after acquiring an additional 34,200 shares during the last quarter. Jane Street Group LLC purchased a new stake in OneMedNet during the fourth quarter valued at approximately $119,000. Virtu Financial LLC purchased a new stake in OneMedNet during the fourth quarter valued at approximately $48,000. HRT Financial LP purchased a new stake in OneMedNet in the fourth quarter worth about $32,000. Finally, Exencial Wealth Advisors LLC increased its position in OneMedNet by 1.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 3,644,861 shares of the company's stock worth $4,009,000 after buying an additional 45,401 shares in the last quarter. 0.95% of the stock is owned by hedge funds and other institutional investors.
About OneMedNet
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
