Exencial Wealth Advisors LLC Has $3.92 Million Holdings in OneMedNet Corporation $ONMD

Exencial Wealth Advisors LLC increased its holdings in shares of OneMedNet Corporation (NASDAQ:ONMD) by 141.3% during the third quarter, Holdings Channel.com reports. The fund owned 3,599,460 shares of the company’s stock after purchasing an additional 2,107,598 shares during the quarter. Exencial Wealth Advisors LLC owned 0.07% of OneMedNet worth $3,923,000 as of its most recent filing with the SEC.

Insider Activity

In other news, CEO Aaron Green sold 64,767 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $4,160,417.34. The trade was a 3.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 46.20% of the company’s stock.

OneMedNet Trading Up 2.8%

Shares of NASDAQ:ONMD opened at $1.10 on Thursday. The firm has a 50 day moving average of $1.38 and a 200-day moving average of $1.22. OneMedNet Corporation has a 12 month low of $0.30 and a 12 month high of $4.22. The stock has a market capitalization of $56.11 million, a PE ratio of -22.00 and a beta of 1.15.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on ONMD. Weiss Ratings restated a “sell (d-)” rating on shares of OneMedNet in a research report on Friday, January 9th. Wall Street Zen upgraded OneMedNet to a “hold” rating in a research note on Friday, September 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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.