OneMedNet (NASDAQ:ONMD) CEO Sells $144,430.41 in Stock

OneMedNet Corporation (NASDAQ:ONMD) CEO Aaron Green sold 64,767 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $2.23, for a total transaction of $144,430.41. Following the completion of the transaction, the chief executive officer owned 1,865,658 shares in the company, valued at $4,160,417.34. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, November 18th, Aaron Green sold 61,555 shares of OneMedNet stock. The stock was sold at an average price of $1.20, for a total transaction of $73,866.00.

OneMedNet Stock Down 7.9%

NASDAQ:ONMD traded down $0.11 during trading hours on Tuesday, hitting $1.29. The company had a trading volume of 328,793 shares, compared to its average volume of 2,257,584. The company has a 50-day moving average of $1.73 and a 200 day moving average of $1.14. OneMedNet Corporation has a 1 year low of $0.30 and a 1 year high of $4.22.

OneMedNet (NASDAQ:ONMD) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.18 million during the quarter.

Analyst Ratings Changes

Several equities analysts recently commented on ONMD shares. Wall Street Zen upgraded shares of OneMedNet to a “hold” rating in a research note on Friday, September 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of OneMedNet in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Trading of OneMedNet

Institutional investors have recently bought and sold shares of the stock. Correct Capital Wealth Management acquired a new position in shares of OneMedNet during the 3rd quarter valued at $4,910,000. Exencial Wealth Advisors LLC boosted its stake in shares of OneMedNet by 141.3% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 3,599,460 shares of the company’s stock valued at $3,923,000 after purchasing an additional 2,107,598 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in OneMedNet during the 3rd quarter worth about $25,000. 0.95% of the stock is currently owned by 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.