On December 3, 2024, Sydney Schaub, Chief Legal Officer at Opendoor Technologies Inc (OPEN, Financial), executed a sale of 15,659 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now holds 1,265,752 shares of the company. Opendoor Technologies Inc (OPEN) is a digital platform for residential real estate. The company aims to simplify the home buying and selling process by providing a seamless online experience. It offers services such as home valuation, buying, and selling, leveraging technology to streamline transactions.
Over the past year, Sydney Schaub has sold a total of 371,711 shares and has not made any purchases. The insider transaction history for Opendoor Technologies Inc indicates that there have been no insider buys in the past year, while there have been 61 insider sells. On the day of the recent sale, shares of Opendoor Technologies Inc were trading at $2.13, giving the stock a market cap of $1.566 billion. The stock's price was above its GF Value of $1.74, resulting in a price-to-GF-Value ratio of 1.22, indicating that the stock is modestly overvalued according to its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.