OBOOK (NASDAQ:OWLS) CEO Chun Kai Wang Purchases 11,600 Shares

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang bought 11,600 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was purchased at an average cost of $5.01 per share, for a total transaction of $58,116.00. Following the completion of the transaction, the chief executive officer owned 3,124,808 shares of the company’s stock, valued at $15,655,288.08. This represents a 0.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Chun Kai Wang also recently made the following trade(s):

• On Tuesday, September 1st, Chun Kai Wang bought 758 shares of OBOOK stock. The shares were bought at an average cost of $5.18 per share, for a total transaction of $3,926.44.
• On Wednesday, June 10th, Chun Kai Wang acquired 2,344 shares of OBOOK stock. The shares were bought at an average price of $5.72 per share, with a total value of $13,407.68.

OBOOK Stock Performance

Shares of NASDAQ:OWLS traded up $0.04 during midday trading on Thursday, reaching $5.07. The company’s stock had a trading volume of 21,019 shares, compared to its average volume of 30,437. The business’s fifty day simple moving average is $5.50 and its 200-day simple moving average is $5.73. OBOOK Holdings Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $90.00.

OBOOK (NASDAQ:OWLS) last issued 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 research note on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in OBOOK stock. Geode Capital Management LLC bought a new position in shares of OBOOK Holdings Inc. (NASDAQ:OWLS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 36,325 shares of the company’s stock, valued at approximately $243,000.

OBOOK Company Profile

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.