Key Points
- CEO Chun Kai Wang purchased 12,192 OBOOK shares at an average price of $4.27, investing approximately $52,060 and increasing his direct ownership to 3.137 million shares.
- OBOOK shares opened at $3.98, near their one-year low of $3.96, and remain well below the one-year high of $19.00. The company most recently reported a quarterly loss of $0.12 per share.
- Analyst sentiment is mixed: Weiss Ratings downgraded the stock to “sell (e+),” while MarketBeat reports an overall “Hold” rating and an average price target of $11.00.
OBOOK Holdings Inc. (NASDAQ:OWLS - Get Free Report) CEO Chun Kai Wang bought 12,192 shares of the company's stock in a transaction that occurred on Monday, October 19th. The stock was acquired at an average price of $4.27 per share, for a total transaction of $52,059.84. Following the completion of the acquisition, the chief executive officer directly owned 3,137,000 shares in the company, valued at approximately $13,394,990. This represents a 0.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Chun Kai Wang also recently made the following trade(s):
- On Wednesday, September 2nd, Chun Kai Wang bought 11,600 shares of OBOOK stock. The shares were acquired at an average cost of $5.01 per share, with a total value of $58,116.00.
- On Tuesday, September 1st, Chun Kai Wang bought 758 shares of OBOOK stock. The shares were acquired at an average cost of $5.18 per share, with a total value of $3,926.44.
OBOOK Stock Performance
Shares of NASDAQ:OWLS opened at $3.98 on Thursday. OBOOK Holdings Inc. has a 1-year low of $3.96 and a 1-year high of $19.00. The company has a 50 day moving average price of $5.33 and a 200 day moving average price of $5.57.
OBOOK (NASDAQ:OWLS - Get Free Report) last posted its quarterly earnings results on Saturday, August 22nd. The company reported ($0.12) earnings per share (EPS) for the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings cut OBOOK from a "sell (d-)" rating to a "sell (e+)" rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.00.
Check Out Our Latest Stock Report on OBOOK
OBOOK Company Profile
(
Get Free Report)
Our mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. We believe in the power of blockchain technology and have focused on leveraging it to optimize and in some cases transform the way enterprises operate. Established in 2010 in Taiwan, we operate as the OwlTing Group and have delivered solutions to various industries and are expanding actively into multiple markets including the United States, Japan, Singapore, Hong Kong, Malaysia and Thailand, as well as jurisdictions in South America and the EU.
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