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

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang purchased 2,344 shares of the company’s stock in a transaction that occurred on 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 $17,784,847.08. The trade was a 0.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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 Stock Down 0.2%

Shares of OWLS stock opened at $5.79 on Friday. OBOOK Holdings Inc. has a one year low of $5.15 and a one year high of $90.00. The company has a 50 day moving average price of $5.84 and a 200 day moving average price of $6.18.

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

Institutional Inflows and Outflows

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

Analyst Ratings Changes

Several equities research analysts have issued reports on OWLS shares. Benchmark started coverage on shares of OBOOK in a research note on Wednesday, April 15th. They set a “buy” rating and a $11.00 price objective for the company. Weiss Ratings started coverage on shares of OBOOK in a research note on Wednesday, May 6th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus 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.