OBOOK (NASDAQ:OWLS) Stock: Insider Chun Kai Wang Acquires 6,171 Shares

OBOOK Holdings Inc. (NASDAQ:OWLS) CEO Chun Kai Wang purchased 6,171 shares of the business’s stock in a transaction on Thursday, November 12th. The stock was acquired at an average cost of $2.17 per share, with a total value of $13,391.07. Following the completion of the acquisition, the chief executive officer directly owned 3,157,147 shares in the company, valued at $6,851,008.99. The trade was a 0.20% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, November 10th, Chun Kai Wang acquired 2,058 shares of OBOOK stock. The shares were acquired at an average price of $2.31 per share, with a total value of $4,753.98.
• On Monday, November 9th, Chun Kai Wang acquired 413 shares of OBOOK stock. The stock was acquired at an average cost of $2.26 per share, for a total transaction of $933.38.
• On Thursday, November 5th, Chun Kai Wang acquired 400 shares of OBOOK stock. The stock was acquired at an average cost of $2.35 per share, for a total transaction of $940.00.
• On Monday, October 26th, Chun Kai Wang bought 11,105 shares of OBOOK stock. The stock was acquired at an average price of $2.01 per share, for a total transaction of $22,321.05.
• On Monday, October 19th, Chun Kai Wang bought 12,192 shares of OBOOK stock. The shares were acquired at an average cost of $4.27 per share, with a total value of $52,059.84.
• On Wednesday, September 2nd, Chun Kai Wang bought 11,600 shares of OBOOK stock. The shares were acquired at an average cost of $5.01 per share, with a total value of $58,116.00.
• On Tuesday, September 1st, Chun Kai Wang bought 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 Down 3.5%

NASDAQ:OWLS traded down $0.08 during trading hours on Friday, reaching $2.18. 19,533 shares of the company’s stock were exchanged, compared to its average volume of 66,594. OBOOK Holdings Inc. has a 12 month low of $1.36 and a 12 month high of $8.85. The business’s 50-day simple moving average is $4.28 and its two-hundred day simple moving average is $5.37.

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

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $11.00.

About OBOOK

OBOOK Holdings Inc. is a digital content company focused on online literature and reading services. Through its OBOOK platform, the company provides readers with access to digital literary content and supports the distribution of works by authors and other content providers. The company’s business centers on bringing literary content to readers through digital channels. OBOOK operates in the Chinese online literature market; detailed information about its geographic reach and leadership is not included here.