Chun Kai Wang Acquires 2,344 Shares of OBOOK (NASDAQ:OWLS) Stock

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang purchased 2,344 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average cost of $5.72 per share, with a total value of $13,407.68. Following the transaction, the chief executive officer directly owned 3,109,239 shares of the company’s stock, valued at approximately $17,784,847.08. This represents a 0.08% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, May 22nd, Chun Kai Wang purchased 100 shares of OBOOK stock. The shares were bought at an average cost of $5.64 per share, with a total value of $564.00.

OBOOK Price Performance

OWLS stock opened at $5.79 on Friday. OBOOK Holdings Inc. has a twelve month low of $5.15 and a twelve month high of $90.00. The firm has a 50 day simple moving average of $5.84 and a 200-day simple moving average of $6.18.

OBOOK (NASDAQ:OWLS) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.17) earnings per share for the quarter.

Hedge Funds Weigh In On OBOOK

An institutional investor recently bought a new position in OBOOK stock. Geode Capital Management LLC purchased a new stake in shares of OBOOK Holdings Inc. (NASDAQ:OWLS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,325 shares of the company’s stock, valued at approximately $243,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Weiss Ratings assumed coverage on shares of OBOOK in a report on Wednesday, May 6th. They issued a “sell (e)” rating for the company. Benchmark assumed coverage on shares of OBOOK in a report on Wednesday, April 15th. They issued a “buy” rating and a $11.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price 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.