--- title: "Bullish Move: Olivier Bernhard Shows Confidence, Acquires $2.20M In On Holding Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/286585810.md" description: "Olivier Bernhard, Executive Officer at On Holding, purchased 60,000 shares worth $2.20M, as reported in a recent SEC filing. Despite a slight decline in share price to $37.16, On Holding has shown strong revenue growth of 14.49% and maintains a high gross margin of 64.23%. However, its EPS of 0.31 lags behind industry averages, and its P/E ratio of 38.36 suggests the stock is priced at a premium. Insider purchases can indicate positive expectations for stock performance." datetime: "2026-05-15T15:02:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286585810.md) - [en](https://longbridge.com/en/news/286585810.md) - [zh-HK](https://longbridge.com/zh-HK/news/286585810.md) --- # Bullish Move: Olivier Bernhard Shows Confidence, Acquires $2.20M In On Holding Stock On May 15, a substantial insider purchase was made by **Olivier Bernhard**, Executive Officer at **On Holding** (NYSE:ONON), as per the latest SEC filing. **What Happened:** A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Bernhard purchased 60,000 shares of On Holding. The total transaction amounted to $2,198,098. Tracking the Friday's morning session, **On Holding** shares are trading at $37.16, showing a down of 0.11%. ### Delving into On Holding's Background Founded in Switzerland in 2010, sportswear firm On Holding generates 93% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles. On also produces athletic apparel (6% of sales) and accessories (1%). The firm's merchandise is available in more than 80 countries and is sold through both wholesale (58% of sales) and company-owned channels (42%). In 2025, On generated 58% of its sales in North America, 25% in Europe, the Middle East, and Africa, and 17% in the Asia-Pacific region. ### On Holding: A Financial Overview **Revenue Growth:** On Holding's remarkable performance in 3 months is evident. As of 31 March, 2026, the company achieved an impressive revenue growth rate of **14.49%**. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector. **Profitability Metrics:** - Gross Margin: The company sets a benchmark with a high gross margin of 64.23%, reflecting superior cost management and profitability compared to its peers. - Earnings per Share (EPS): On Holding's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.31. **Debt Management:** The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at **0.31**. **Valuation Overview:** - Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 38.36 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment. - Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 5.97, On Holding's stock is perceived as being overvalued in the market, particularly in relation to sales performance. - EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Boasting an EV/EBITDA ratio of 21.72, On Holding demonstrates a robust market valuation, outperforming industry benchmarks. **Market Capitalization Analysis:** Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity. ### Why Insider Activity Matters in Finance Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider. From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction. A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock. While insider sells may not necessarily reflect a bearish view and can be motivated by various factors. ### Exploring Key Transaction Codes Surveying the realm of stock transactions, investors often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A **P** in Box 3 indicates a purchase, while **S** signifies a sale. Transaction code **C** denotes the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of On Holding's Insider Trades. _This article was generated by Benzinga's automated content engine and reviewed by an editor._ ### Related Stocks - [ONON.US](https://longbridge.com/en/quote/ONON.US.md) ## Related News & Research - [On Holding AG Just Beat EPS By 40%: Here's What Analysts Think Will Happen Next](https://longbridge.com/en/news/286579607.md) - [On Holding Insiders Purchased Shares Worth Over $6.6M](https://longbridge.com/en/news/286571784.md) - [Swiss Sneaker Maker On Defies Tariffs With Full-Price Strength](https://longbridge.com/en/news/286104278.md) - [Telsey Advisory Reaffirms Their Buy Rating on On Holding AG (ONON)](https://longbridge.com/en/news/286128928.md) - [Canadian Natural Resources Limited $CNQ Shares Bought by Pacific Heights Asset Management LLC](https://longbridge.com/en/news/286753104.md)