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

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang purchased 11,105 shares of OBOOK stock in a transaction that occurred 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 $6,327,691.05. This trade represents a 0.35% increase in their position. The acquisition was disclosed in a legal 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 bought 12,192 shares of OBOOK stock. The shares were 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 stock was bought at an average cost of $5.01 per share, for a total transaction of $58,116.00.
• On Tuesday, September 1st, Chun Kai Wang purchased 758 shares of OBOOK stock. The stock was bought at an average cost of $5.18 per share, with a total value of $3,926.44.

OBOOK Stock Performance

NASDAQ:OWLS opened at $2.04 on Tuesday. OBOOK Holdings Inc. has a fifty-two week low of $1.36 and a fifty-two week high of $13.89. The company has a fifty day moving average of $5.20 and a two-hundred day moving average of $5.67.

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

Wall Street Analyst Weigh In

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

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.