Key Points
- CEO Aaron Green sold 1,667 OneMedNet shares at an average price of $6.48, receiving $10,802.16. The sale covered tax withholding tied to vested equity awards and reduced his holdings by 0.67% to 247,971 shares.
- Green had also sold 5,000 shares two days earlier at an average price of $7.39, worth $36,950.
- OneMedNet opened at $4.30, near its one-year low of $4.30 versus a high of $42.20, while analysts maintain an overall “Sell” rating.
OneMedNet Corporation (NASDAQ:ONMD - Get Free Report) CEO Aaron Green sold 1,667 shares of the stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $6.48, for a total value of $10,802.16. Following the transaction, the chief executive officer owned 247,971 shares in the company, valued at $1,606,852.08. This trade represents a 0.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aaron Green also recently made the following trade(s):
- On Tuesday, September 22nd, Aaron Green sold 5,000 shares of OneMedNet stock. The shares were sold at an average price of $7.39, for a total value of $36,950.00.
OneMedNet Price Performance
NASDAQ:ONMD opened at $4.30 on Friday. The company has a market capitalization of $25.50 million, a price-to-earnings ratio of -2.69 and a beta of 1.14. The business has a 50 day moving average of $6.24 and a 200 day moving average of $7.32. OneMedNet Corporation has a 1-year low of $4.30 and a 1-year high of $42.20.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of OneMedNet from a "sell (e+)" rating to a "sell (d-)" rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, OneMedNet currently has an average rating of "Sell".
View Our Latest Research Report on OneMedNet
OneMedNet Company Profile
(
Get Free Report)
OneMedNet Corporation is a healthcare technology company that develops infrastructure for accessing, managing and analyzing medical data. Its platform is designed to help healthcare providers, researchers, life sciences companies and other authorized users work with clinical and medical-imaging information while keeping the underlying data within the organization that controls it.
The company's technology uses a federated data model, allowing participating institutions to collaborate on data analysis without routinely transferring sensitive patient information to a centralized repository.
Read More
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].
