On Holding Executive Bernhard Olivier Buys 65,000 Shares for $2.0 Million
Updated
Updated · Yahoo Finance · Aug 18
On Holding Executive Bernhard Olivier Buys 65,000 Shares for $2.0 Million
1 articles · Updated · Yahoo Finance · Aug 18
Summary
Bernhard Olivier bought 65,000 On Holding Class A shares on Aug. 14 at a weighted average $30.67, according to an SEC Form 4 filing.
The purchase lifted his direct stake to 5,228,184 shares, valued at about $168.5 million based on the stock’s $32.22 close that day.
Trade executions ranged from $30.57 to $30.78, leaving Olivier’s average entry price below the market close.
The insider buy came as On Holding carried a $10.7 billion market capitalization, $3.2 billion in trailing-12-month revenue and $398.1 million in net income.