OneMedNet (NASDAQ:ONMD) Stock: Insider Thomas Kosasa Purchases 129,758 Shares

OneMedNet Corporation (NASDAQ:ONMD) Director Thomas Kosasa bought 129,758 shares of OneMedNet stock in a transaction that occurred on Wednesday, October 7th. The stock was purchased at an average cost of $5.78 per share, for a total transaction of $750,001.24. Following the acquisition, the director owned 1,983,573 shares of the company’s stock, valued at $11,465,051.94. This represents a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Thomas Kosasa also recently made the following trade(s):

• On Thursday, July 30th, Thomas Kosasa purchased 144,927 shares of OneMedNet stock. The stock was purchased at an average price of $6.90 per share, with a total value of $999,996.30.

OneMedNet Trading Up 17.2%

NASDAQ ONMD opened at $4.71 on Thursday. OneMedNet Corporation has a 52 week low of $3.61 and a 52 week high of $31.00. The firm has a 50 day moving average of $6.07 and a two-hundred day moving average of $7.22.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of OneMedNet from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, OneMedNet has an average rating of “Sell”.

OneMedNet Company Profile

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.