Opendoor Technologies Inc
NASDAQ:OPEN
During the last 3 months Opendoor Technologies Inc insiders have not bought any shares, and sold 18.8k USD worth of shares. The stock price has dropped by 28% over this period (open performance analysis).
The last transaction was made on
Mar 18, 2025
by
Schaub Sydney
(Chief Legal Officer)
, who
sold
607.2 USD
worth of OPEN shares.
During the last 3 months Opendoor Technologies Inc insiders have not bought any shares, and sold 18.8k USD worth of shares. The stock price has dropped by 28% over this period (open performance analysis).
The last transaction was made on
Mar 18, 2025
by
Schaub Sydney
(Chief Legal Officer)
, who
sold
607.2 USD
worth of OPEN shares.
Opendoor Technologies Inc
Glance View
Opendoor Technologies Inc., co-founded by Eric Wu, is a frontrunner in revolutionizing the real estate industry through its innovative technology-driven model. The company carved out a niche by simplifying the home-selling process; it uses data science to make instant offers to homeowners wanting to sell their properties. This approach significantly reduces the hassle and time traditionally involved with real estate transactions. By utilizing algorithms that consider various data points from market trends to property specifics, Opendoor makes speedy cash offers, allowing sellers to bypass the often cumbersome listing, staging, and negotiation stages. Once a property is acquired, Opendoor assumes the role of a traditional home flipper. The company undertakes necessary renovations and enhancements to prepare the property for resale. Its profit model hinges on selling homes at a margin above the purchase and repair costs, as well as charging fees similar to a conventional real estate commission. By streamlining the transaction process with a focus on convenience and certainty, Opendoor not only appeals to sellers seeking quick sales but also attracts buyers with thoroughly prepped homes, ready for immediate move-in. This transactional efficiency and customer-centric focus position Opendoor as a disruptive force in the real estate sector, challenging traditional brokerage models with its tech-forward, efficient approach.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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