Olivier Bernhard, Executive Officer at On Holding AG (ONON), bought 60,000 shares at $35.97 ($2.2M) on 2026-05-14, disclosed to the SEC on 2026-05-15.
Executive Officer Olivier Bernhard purchased 9,144 shares for $329k, marking the largest purchase of his career. This move follows record Q1 2026 results and a cluster of insider buying, signaling confidence in the premium footwear recovery.
The stock is up 5.67% over the last five days and 5.12% over the last month, recovering from a 17.76% decline over the past 90 days. It is currently trading 18.58% above its 52-week low of $31.41.
Record Q1 2026 results were announced on May 23, 2026, with net sales rising to CHF 831.9 million and a raised full-year gross margin outlook. The company launched the LOEWE LightSpray Cloudmonster running shoe on May 23, 2026, to test its premium brand story. Additionally, a cluster of insider purchases occurred on May 22, 2026, including Co-CEO Caspar Coppetti.
The stock carries a high beta of 2.087, suggesting significant volatility relative to the broader market. Additionally, a short interest of 5.1% of the float could drive volatility if the stock rallies.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $35.97 | 9,144 | $329K | 15.0% |
| 2 | $36.75 | 50,856 | $1.9M | 85.0% |
| Total | $36.63 avg | 60,000 | $2.2M | 100% |