OBOOK (NASDAQ:OWLS) CEO Chun Kai Wang Acquires 12,192 Shares of Stock

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang bought 12,192 shares of the firm’s stock in a transaction that occurred on Monday, October 19th. The stock was bought at an average price of $4.27 per share, with a total value of $52,059.84. Following the transaction, the chief executive officer directly owned 3,137,000 shares in the company, valued at $13,394,990. This represents a 0.39% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Wednesday, September 2nd, Chun Kai Wang bought 11,600 shares of OBOOK stock. The shares were 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 shares were bought at an average price of $5.18 per share, for a total transaction of $3,926.44.

OBOOK Stock Down 7.2%

Shares of NASDAQ:OWLS opened at $3.98 on Thursday. The company has a 50 day moving average of $5.33 and a 200-day moving average of $5.57. OBOOK Holdings Inc. has a twelve month low of $3.96 and a twelve month high of $19.00.

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

Analysts Set New Price Targets

Separately, Weiss Ratings lowered OBOOK from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock 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.