Olo Inc (NYSE: OLO) is 16.80% higher on its value in year-to-date trading and has touched a low of $4.20 and a high of $9.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OLO stock was last observed hovering at around $9.16 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $8.97, the stock is 17.76% and 32.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing -2.07% at the moment leaves the stock 41.16% off its SMA200. OLO registered 87.66% gain for a year compared to 6-month loss of 34.48%.
The stock witnessed a 48.02% gain in the last 1 month and extending the period to 3 months gives it a 23.21%, and is -2.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.21% over the week and 4.58% over the month.
Olo Inc (OLO) has around 617 employees, a market worth around $1.50B and $299.11M in sales. Current P/E ratio is 512.57 and Fwd P/E is 25.03. Profit margin for the company is 1.09%. Distance from 52-week low is 113.57% and -8.28% from its 52-week high. The company has generated returns on investments over the last 12 months (0.46%).
The EPS is expected to grow by 37.88% this year.
Olo Inc (OLO) Top Institutional Holders
The shares outstanding are 116.81M, and float is at 112.10M with Short Float at 2.84%.
The top institutional shareholder in the company is RAINE CAPITAL LLC with over 32.22 million shares valued at $142.41 million. The investor’s holdings represent 19.9882% of the OLO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.62 million shares valued at $60.22 million to account for 8.4519 of the shares outstanding. The other top investors are BROWN CAPITAL MANAGEMENT LLC which holds 10.89 million shares representing 6.7538% and valued at over $48.12 million, while BLACKROCK INC. holds 6.5863 of the shares totaling 10.62 million with a market value of $46.93 million.
Olo Inc (OLO) Insider Activity
The most recent transaction is an insider sale by Glass Noah H., the company’s CEO. SEC filings show that Glass Noah H. sold 10,665 shares of the company’s common stock on Mar 07 ’25 at a price of $6.35 per share for a total of $67708.0. Following the sale, the insider now owns 0.29 million shares.
Olo Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Manning Sherri (Chief People Officer) sold a total of 5,940 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $6.35 per share for $37722.0. Following the transaction, the insider now directly holds 0.3 million shares of the OLO stock.
Still, SEC filings show that on Mar 07 ’25, Benevides Peter J. (Chief Financial Officer) disposed off 21,904 shares at an average price of $6.35 for $0.14 million. The insider now directly holds 725,139 shares of Olo Inc (OLO).
