Atria Investments Inc lifted its holdings in shares of On Holding AG (NYSE:ONON – Free Report) by 6.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,515 shares of the company’s stock after buying an additional 341 shares during the period. Atria Investments Inc’s holdings in ON were worth $302,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Private Trust Co. NA bought a new stake in ON during the third quarter worth $26,000. MidAtlantic Capital Management Inc. acquired a new position in shares of ON during the 3rd quarter worth about $29,000. Strategic Financial Concepts LLC bought a new stake in shares of ON in the 4th quarter valued at about $30,000. Legacy Bridge LLC bought a new stake in shares of ON in the 4th quarter valued at about $43,000. Finally, Arcadia Investment Management Corp MI acquired a new stake in ON in the 4th quarter valued at about $53,000. Institutional investors own 36.39% of the company’s stock.
ON Trading Up 3.5 %
Shares of NYSE:ONON opened at $48.07 on Tuesday. The firm has a 50 day moving average of $53.94 and a 200-day moving average of $52.66. On Holding AG has a 12 month low of $29.84 and a 12 month high of $64.05. The stock has a market capitalization of $30.26 billion, a PE ratio of 111.78, a PEG ratio of 1.02 and a beta of 2.35.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on ONON
ON Company Profile
On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own high-end stores.
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