OneMedNet Corporation (NASDAQ:ONMD – Get Free Report) CEO Aaron Green bought 18,702 shares of the stock in a transaction on Monday, June 15th. The stock was purchased at an average price of $0.54 per share, with a total value of $10,099.08. Following the completion of the acquisition, the chief executive officer directly owned 1,859,725 shares in the company, valued at approximately $1,004,251.50. This trade represents a 1.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Aaron Green also recently made the following trade(s):
- On Friday, June 12th, Aaron Green acquired 36,920 shares of OneMedNet stock. The stock was acquired at an average cost of $0.56 per share, with a total value of $20,675.20.
OneMedNet Trading Up 2.7%
ONMD opened at $0.56 on Tuesday. The firm has a market cap of $30.37 million, a price-to-earnings ratio of -11.16 and a beta of 1.12. OneMedNet Corporation has a 12 month low of $0.31 and a 12 month high of $4.22. The stock has a fifty day moving average price of $0.87 and a 200-day moving average price of $0.96.
Analysts Set New Price Targets
ONMD has been the subject of several recent analyst reports. Wall Street Zen cut OneMedNet from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Weiss Ratings reissued a “sell (e+)” rating on shares of OneMedNet in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
Get Our Latest Research Report on ONMD
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. HRT Financial LP purchased a new position in shares of OneMedNet during the fourth quarter worth $32,000. State Street Corp boosted its holdings in OneMedNet by 41.5% in the fourth 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 during the period. Virtu Financial LLC purchased a new position in OneMedNet in the fourth quarter valued at $48,000. Exencial Wealth Advisors LLC boosted its holdings in OneMedNet by 1.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 3,644,861 shares of the company’s stock valued at $4,009,000 after purchasing an additional 45,401 shares during the period. Finally, Jane Street Group LLC purchased a new position in OneMedNet in the fourth quarter valued at $119,000. 0.95% of the stock is currently owned by hedge funds and other institutional investors.
About OneMedNet
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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