OPEN

Open: insider purchases and analyst targets

Digital real estate platform OPEN shows impressive growth figures, significant insider purchases, and optimistic analyst targets.

By the SpyStocks desk · 5y ago · 2 min read

$OPEN

is a leading digital platform for residential real estate, a leader in its field!

In 2014, the company reinvented everything related to real estate transactions, creating a convenient platform to buy/sell real estate assets owned by sellers.

The company currently operates in a large number of cities and neighborhoods in the United States and has a growing customer base year after year.

The company began trading on the Nasdaq in 2020. Since then, the company has shown very good growth figures year over year. In the year of the pandemic, there was a slowdown due to the crisis that affected the entire world.

Director Kapur Pua has been accumulating shares in the last month and a half for nearly $3 million! (screenshot attached)

Additionally, in Q1 and Q2 2021, $4 billion in institutional money flowed in!

Analyst coverage: An Oppenheimer review released on 7.6.21 noted a price target of $25, reflecting an upside of approximately 73%.

Technically: current price: $17.25. First target in my opinion: $19.20. Second target in my opinion: $22.50. Debt-to-equity ratio: 0.20. Risk level: medium/high.

Note that this is a growth stock!

Nothing stated herein constitutes a recommendation, it is personal opinion only. Anyone using this information does so at their own discretion and personal responsibility.

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