OBOOK (NASDAQ:OWLS) CEO Purchases $22,321.05 in Stock

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang acquired 11,105 shares of the business’s stock in a transaction on Monday, October 26th. The stock was acquired at an average cost of $2.01 per share, with a total value of $22,321.05. Following the acquisition, the chief executive officer directly owned 3,148,105 shares in the company, valued at approximately $6,327,691.05. This trade represents a 0.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, October 19th, Chun Kai Wang bought 12,192 shares of OBOOK stock. The shares were 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 purchased 11,600 shares of OBOOK stock. The stock was bought at an average price of $5.01 per share, with a total value of $58,116.00.
• On Tuesday, September 1st, Chun Kai Wang acquired 758 shares of OBOOK stock. The shares were bought at an average price of $5.18 per share, for a total transaction of $3,926.44.

OBOOK Stock Down 8.2%

Shares of NASDAQ OWLS opened at $2.45 on Friday. The business has a fifty day moving average price of $4.97 and a two-hundred day moving average price of $5.60. OBOOK Holdings Inc. has a fifty-two week low of $1.36 and a fifty-two week high of $10.05.

OBOOK (NASDAQ:OWLS) last released its earnings results on Saturday, August 22nd. The company reported ($0.12) EPS for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.00.

About OBOOK

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.