Opendoor Technologies Inc’s recent filing unveils that its insider Schwartz Christina unloaded Company’s shares for reported $53498.0 on Sep 16 ’24. In the deal valued at $2.16 per share,24,800 shares were sold. As a result of this transaction, Schwartz Christina now holds 759,870 shares worth roughly $-1.47 million.
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
Then, Schaub Sydney sold 77,376 shares, generating $166,916 in total proceeds. Upon selling the shares at $2.16, the Chief Legal Officer now owns 1,298,351 shares.
Before that, WHEELER CARRIE sold 694,105 shares. Opendoor Technologies Inc shares valued at $1,497,323 were divested by the Chief Executive Officer at a price of $2.16 per share. As a result of the transaction, WHEELER CARRIE now holds 14,650,520 shares, worth roughly $28.28 million.
BTIG Research downgraded its Opendoor Technologies Inc [OPEN] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid December from “an Underperform” to “a Mkt perform”. Deutsche Bank began covering OPEN with “Hold” recommendation on November 21, 2023. UBS started covering the stock on September 29, 2023. It rated OPEN as “a Neutral”.
Price Performance Review of OPEN
On Monday, Opendoor Technologies Inc [NASDAQ:OPEN] saw its stock jump 3.21% to $1.93. Over the last five days, the stock has gained 4.89%. Opendoor Technologies Inc shares have fallen nearly -56.92% since the year began. Nevertheless, the stocks have fallen -22.49% over the past one year. While a 52-week high of $4.89 was reached on 01/02/24, a 52-week low of $1.58 was recorded on 08/12/24. SMA at 50 days reached $1.9802, while 200 days put it at $2.4957.
Levels Of Support And Resistance For OPEN Stock
The 24-hour chart illustrates a support level at 1.8500, which if violated will result in even more drops to 1.7700. On the upside, there is a resistance level at 1.9800. A further resistance level may holdings at 2.0300. The Relative Strength Index (RSI) on the 14-day chart is 47.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0674, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.16%. Stochastics %K at 29.86% indicates the stock is a holding.
How much short interest is there in Opendoor Technologies Inc?
A steep rise in short interest was recorded in Opendoor Technologies Inc stocks on 2024-09-30, dropping by -0.3 million shares to a total of 91.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 91.76 million shares. There was a decline of -0.32%, which implies that there is a negative sentiment for the stock.
