Key Points
- OBOOK CEO Chun Kai Wang bought 6,171 shares at $2.17 each, spending about $13,391. After the purchase, he held approximately 3.16 million shares.
- Wang has made several additional stock purchases in recent months, including purchases on November 9 and 10.
- OBOOK shares fell 3.5% to $2.18 on Friday, well below their 50-day and 200-day moving averages. Analysts’ consensus rating is Hold, with a stated target price of $11.
OBOOK Holdings Inc. (NASDAQ:OWLS - Get Free Report) CEO Chun Kai Wang purchased 6,171 shares of the business's stock in a transaction that occurred on Thursday, November 12th. The stock was acquired at an average price of $2.17 per share, for a total transaction of $13,391.07. Following the purchase, the chief executive officer owned 3,157,147 shares of the company's stock, valued at approximately $6,851,008.99. This represents a 0.20% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Chun Kai Wang also recently made the following trade(s):
- On Tuesday, November 10th, Chun Kai Wang purchased 2,058 shares of OBOOK stock. The stock was acquired at an average cost of $2.31 per share, with a total value of $4,753.98.
- On Monday, November 9th, Chun Kai Wang acquired 413 shares of OBOOK stock. The shares were acquired at an average price of $2.26 per share, with a total value of $933.38.
- On Thursday, November 5th, Chun Kai Wang acquired 400 shares of OBOOK stock. The shares were acquired at an average price of $2.35 per share, for a total transaction of $940.00.
- On Monday, October 26th, Chun Kai Wang acquired 11,105 shares of OBOOK stock. The shares were acquired at an average price of $2.01 per share, for a total transaction of $22,321.05.
- On Monday, October 19th, Chun Kai Wang bought 12,192 shares of OBOOK stock. The stock was acquired at an average cost of $4.27 per share, for a total transaction of $52,059.84.
- On Wednesday, September 2nd, Chun Kai Wang bought 11,600 shares of OBOOK stock. The shares were acquired at an average price 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 bought at an average cost of $5.18 per share, with a total value of $3,926.44.
OBOOK Stock Down 3.5%
Shares of NASDAQ:OWLS traded down $0.08 during midday trading on Friday, reaching $2.18. The company had a trading volume of 19,533 shares, compared to its average volume of 66,594. The stock's fifty day moving average price is $4.28 and its 200-day moving average price is $5.37. OBOOK Holdings Inc. has a one year low of $1.36 and a one year high of $8.85.
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 Ratings Changes
Separately, Weiss Ratings raised OBOOK from a "sell (e+)" rating to a "sell (d-)" rating in a report on Friday, October 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $11.00.
Read Our Latest Research Report on OWLS
OBOOK Company Profile
(
Get Free Report)
OBOOK Holdings Inc. is a digital content company focused on online literature and reading services. Through its OBOOK platform, the company provides readers with access to digital literary content and supports the distribution of works by authors and other content providers. The company's business centers on bringing literary content to readers through digital channels. OBOOK operates in the Chinese online literature market; detailed information about its geographic reach and leadership is not included here.
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