Opendoor Technologies Inc’s recent filing unveils that its Chief Legal Officer Schaub Sydney unloaded Company’s shares for reported $607.0 on Mar 18 ’25. In the deal valued at $1.14 per share,535 shares were sold. As a result of this transaction, Schaub Sydney now holds 1,618,576 shares worth roughly $1.54 million.
Then, WHEELER CARRIE sold 561,237 shares, generating $626,512 in total proceeds. Upon selling the shares at $1.12, the Chief Executive Officer now owns 13,536,875 shares.
Before that, SYDNEY SCHAUB bought 535 shares. Opendoor Technologies Inc shares valued at $637 were divested by the Officer at a price of $1.19 per share.
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 fall -6.55% to $0.95. Over the last five days, the stock has lost -7.46%. Opendoor Technologies Inc shares have fallen nearly -40.43% since the year began. Nevertheless, the stocks have fallen -61.25% over the past one year. While a 52-week high of $3.09 was reached on 01/06/25, a 52-week low of $0.85 was recorded on 04/04/25. SMA at 50 days reached $1.2388, while 200 days put it at $1.7461.
Levels Of Support And Resistance For OPEN Stock
The 24-hour chart illustrates a support level at 0.9226, which if violated will result in even more drops to 0.8919. On the upside, there is a resistance level at 1.0117. A further resistance level may holdings at 1.0701. The Relative Strength Index (RSI) on the 14-day chart is 38.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0509, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.25%. Stochastics %K at 34.54% 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 2025-03-31, dropping by -2.79 million shares to a total of 69.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 72.76 million shares. There was a decline of -3.98%, which implies that there is a negative sentiment for the stock.
