Susan D. Lynch, a director at ONTO Innovation Inc., sold 1,000 shares of the company on August 21, 2026, for a total of $302,300 at $302.30 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 22, 2026.
Following the sale, Lynch retains direct ownership of 2,684 shares. The stock has appreciated 169% over the past 12 months, though it has declined 7.6% in the last week.
ONTO Innovation reported second-quarter earnings of $1.93 per share, exceeding Wall Street expectations of $1.69. Revenue reached $343.1 million, up 18% from the prior quarter and 35% year-over-year, surpassing analyst projections of $325.25 million.
Goldman Sachs maintains a Buy rating on ONTO with a $400 price target, citing strong demand for AI-related inspection and metrology equipment as a key growth driver.
