Key Points
- CEO Chun Kai Wang purchased 11,105 OBOOK shares at an average price of $2.01, investing $22,321.05 and increasing his stake by 0.35% to 3,148,105 shares.
- Wang has made several additional purchases since September, including 12,192 shares at $4.27 on October 19, signaling continued insider buying despite the stock’s decline.
- OWLS opened at $2.66, well below its 50-day moving average of $5.08 and 52-week high of $11.70. Analysts’ average rating is “Hold,” with one Buy and one Sell rating and an $11 price target.
OBOOK Holdings Inc. (NASDAQ:OWLS - Get Free Report) CEO Chun Kai Wang bought 11,105 shares of the business's stock in a transaction dated Monday, October 26th. The shares were acquired at an average cost of $2.01 per share, for a total transaction of $22,321.05. Following the purchase, the chief executive officer owned 3,148,105 shares of the company's stock, valued at approximately $6,327,691.05. The trade was a 0.35% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Chun Kai Wang also recently made the following trade(s):
- On Monday, October 19th, Chun Kai Wang purchased 12,192 shares of OBOOK stock. The stock was acquired at an average price of $4.27 per share, for a total transaction of $52,059.84.
- On Wednesday, September 2nd, Chun Kai Wang purchased 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 purchased 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
OWLS opened at $2.66 on Wednesday. The business has a fifty day moving average of $5.08 and a 200 day moving average of $5.64. OBOOK Holdings Inc. has a 52-week low of $1.36 and a 52-week high of $11.70.
OBOOK (NASDAQ:OWLS - Get Free Report) last announced its quarterly earnings data on Saturday, August 22nd. The company reported ($0.12) EPS for the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of OBOOK from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Friday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $11.00.
Get Our Latest Stock Report on OBOOK
About OBOOK
(
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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