OBOOK (NASDAQ:OWLS) CEO Chun Kai Wang Buys 12,192 Shares of Stock

OBOOK Holdings Inc. (NASDAQ:OWLS – Get Free Report) CEO Chun Kai Wang acquired 12,192 shares of the business’s stock in a transaction dated Monday, October 19th. The stock was acquired at an average cost of $4.27 per share, with a total value of $52,059.84. Following the completion of the transaction, the chief executive officer owned 3,137,000 shares of the company’s stock, valued at approximately $13,394,990. The trade was a 0.39% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 price 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 price of $5.18 per share, with a total value of $3,926.44.

OBOOK Price Performance

OWLS stock opened at $4.29 on Wednesday. OBOOK Holdings Inc. has a 1-year low of $4.13 and a 1-year high of $29.00. The business’s 50 day simple moving average is $5.35 and its 200 day simple moving average is $5.58.

OBOOK (NASDAQ:OWLS – Get Free Report) last announced its quarterly earnings results on Saturday, August 22nd. The company reported ($0.12) earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of OBOOK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, OBOOK has a consensus rating of “Hold” and an average target price of $11.00.

Check Out Our Latest Report on OWLS

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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