OneMedNet (NASDAQ:ONMD) CEO Aaron Green Buys 36,920 Shares

OneMedNet Corporation (NASDAQ:ONMD) CEO Aaron Green purchased 36,920 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was bought at an average price of $0.56 per share, for a total transaction of $20,675.20. Following the acquisition, the chief executive officer owned 1,841,023 shares in the company, valued at $1,030,972.88. The trade was a 2.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Aaron Green also recently made the following trade(s):

• On Monday, June 15th, Aaron Green purchased 18,702 shares of OneMedNet stock. The stock was bought at an average price of $0.54 per share, for a total transaction of $10,099.08.

OneMedNet Trading Up 2.7%

NASDAQ:ONMD opened at $0.56 on Tuesday. The firm has a market capitalization of $30.37 million, a price-to-earnings ratio of -11.16 and a beta of 1.12. The firm’s fifty day simple moving average is $0.87 and its 200 day simple moving average is $0.96. OneMedNet Corporation has a twelve month low of $0.31 and a twelve month high of $4.22.

OneMedNet (NASDAQ:ONMD) last posted its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $0.10 million for the quarter.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ONMD shares. Wall Street Zen lowered 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 report on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On OneMedNet

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ONMD. Exencial Wealth Advisors LLC increased its stake in OneMedNet by 1.3% during the 4th 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 during the period. HRT Financial LP purchased a new stake in OneMedNet during the 4th quarter worth $32,000. Jane Street Group LLC bought a new stake in shares of OneMedNet in the 4th quarter worth about $119,000. State Street Corp increased its position in shares of OneMedNet by 41.5% in the 4th quarter. State Street Corp now owns 116,700 shares of the company’s stock worth $128,000 after purchasing an additional 34,200 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of OneMedNet in the 4th quarter worth about $48,000. Hedge funds and other institutional investors own 0.95% of the company’s stock.

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.