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

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang acquired 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 completion of the acquisition, 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Friday, May 22nd, Chun Kai Wang bought 100 shares of OBOOK stock. The stock was bought at an average price of $5.64 per share, for a total transaction of $564.00.

OBOOK Stock Up 3.0%

NASDAQ:OWLS opened at $5.80 on Friday. The company has a 50 day simple moving average of $5.84 and a two-hundred day simple moving average of $6.18. OBOOK Holdings Inc. has a 12 month low of $5.15 and a 12 month high of $90.00.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On OBOOK

A hedge fund recently bought a new stake 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 & Exchange Commission. The fund purchased 36,325 shares of the company’s stock, valued at approximately $243,000.

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.