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 $28,642 were sold by Schaub Sydney on Jan 15 ’25. At $1.52 per share, Schaub Sydney sold 18,804 shares. The insider’s holdings dropped to 1,171,590 shares worth approximately $1.62 million following the completion of this transaction.
Also, Schaub Sydney sold 110 shares, netting a total of over 170 in proceeds. Following the sale of shares at $1.55 each, the insider now holds 1,171,480 shares.
Before that, SYDNEY SCHAUB had added 110 shares to its account. In a trade valued at $166, the Officer bought Opendoor Technologies Inc shares for $1.51 each.
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 drop of approximately -5.48%. Over the course of the year, Opendoor Technologies Inc shares have dropped approximately -13.75%. Shares of the company reached a 52-week high of $1.8300 on 01/06/25 and a 52-week low of $1.2800 on 02/03/25. A 50-day SMA is recorded $1.7255, while a 200-day SMA reached $1.9630. Nevertheless, trading volume fell to 35.59 million shares from 22.46 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 1.3367, which, if violated, would cause prices to drop to 1.2933. In the upper region, resistance lies at 1.4167. The next price resistance is at 1.4533. RSI (Relative Strength Index) is 40.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0729, which suggests the price will decrease in the coming days. Percent R is at 70.59%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
