OBOOK (NASDAQ:OWLS) CEO Chun Kai Wang Acquires 11,105 Shares of Company Stock

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang bought 11,105 shares of the business’s 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 completion of the acquisition, the chief executive officer owned 3,148,105 shares of the company’s stock, valued at $6,327,691.05. This represents a 0.35% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, October 19th, Chun Kai Wang purchased 12,192 shares of OBOOK stock. The stock was 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 shares were acquired at an average cost of $5.01 per share, for a total transaction of $58,116.00.
• On Tuesday, September 1st, Chun Kai Wang acquired 758 shares of OBOOK stock. The shares were acquired at an average price of $5.18 per share, with a total value of $3,926.44.

OBOOK Trading Up 30.4%

OWLS stock opened at $2.66 on Wednesday. OBOOK Holdings Inc. has a 52 week low of $1.36 and a 52 week high of $11.70. The company has a fifty day simple moving average of $5.08 and a two-hundred day simple moving average of $5.64.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target 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.