The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Opendoor Technologies Inc shares valued at $4,496 were sold by Schaub Sydney on Aug 06 ’24. At $1.79 per share, Schaub Sydney sold 2,512 shares. The insider’s holdings dropped to 1,373,239 shares worth approximately $2.42 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Meyer Megan D. sold 4,808 shares, netting a total of over 10,219 in proceeds. Following the sale of shares at $2.13 each, the insider now holds 4,479,449 shares.
Before that, Meyer Megan D. had sold 4,808 shares from its account. In a trade valued at $12,716, the President, Sell Direct & Svcs. traded Opendoor Technologies Inc shares for $2.64 each. Upon closing the transaction, the insider’s holdings decreased to 4,808 shares, worth approximately $7.89 million.
As published in a research note from BTIG Research on December 20, 2023, Opendoor Technologies Inc [OPEN] has been rated down from a Buy to a Neutral. Analysts at Keefe Bruyette upgraded the stock from ‘”an Underperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid December. As of November 21, 2023, Deutsche Bank has initiated its “Hold” rating for OPEN. Earlier on September 29, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for OPEN stock.
Analyzing OPEN Stock Performance
During the last five days, there has been a surge of approximately 10.00%. Over the course of the year, Opendoor Technologies Inc shares have dropped approximately -60.71%. Shares of the company reached a 52-week high of $4.4000 on 01/02/24 and a 52-week low of $1.5800 on 08/12/24. A 50-day SMA is recorded $2.0733, while a 200-day SMA reached $2.7025. Nevertheless, trading volume fell to 20.29 million shares from 21.68 million shares the previous day.
Support And Resistance Levels for Opendoor Technologies Inc (OPEN)
According to the 24-hour chart, there is a support level at 1.6900, which, if violated, would cause prices to drop to 1.6200. In the upper region, resistance lies at 1.8500. The next price resistance is at 1.9400. RSI (Relative Strength Index) is 40.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2323, which suggests the price will decrease in the coming days. Percent R is at 82.86%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
