David Benson Buys Shares of Opendoor Technologies Inc.
David Benson acquired 41,667 shares of Opendoor Technologies Inc. on June 11, 2026.
Key Points
- On June 11, 2026, David Benson purchased 41,667 shares of Opendoor Technologies Inc. (OPEN) at no cost, as per insider filings.
- Opendoor Technologies Inc. operates in the real estate sector with a market cap of about $4.28 billion and a beta of 3.554.
- Morgan Stanley significantly increased its holdings in Opendoor, adding 51,188,766 shares, now valued at approximately $480.99 million.
David Benson, an insider at Opendoor Technologies Inc. (NasdaqGS: OPEN), purchased 41,667 shares on June 11, 2026. This transaction was made at no cost, according to the latest insider filings. The acquisition was not part of a pre-planned trading program.
Other Institutional Activity in Opendoor Technologies Inc.
Morgan Stanley significantly boosted its holdings in Opendoor Technologies by adding 51,188,766 shares, bringing its total to 102,774,968 shares valued at around $480.99 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC also made substantial additions, each acquiring 70,068,568 and 35,540,759 shares, respectively. Meanwhile, BlackRock, Inc. increased its stake by 729,088 shares, ending with 18,635,455 shares worth approximately $87.21 million. In contrast, American Century Companies Inc. slightly reduced its position by 144,572 shares, holding 14,201,716 shares valued at $66.46 million.
Opendoor Technologies Inc. Stock Snapshot
Shares of Opendoor Technologies Inc. traded near $4.44. The company has a market cap of about $4.28 billion and a beta of 3.554, indicating higher volatility compared to the market. The stock's 52-week range has been between $0.51 and $10.87. It has a 50-day moving average of $4.86 and a 200-day moving average of $6.11. Opendoor's current ratio stands at 7.073, with a quick ratio of 3.151 and a debt-to-equity ratio of 140.252.
Recent Earnings
Opendoor Technologies reported revenue of approximately $3.94 billion, though it faced a revenue decline of 37.6%. The company posted a net margin of -35.25% and a return on equity of -173.61%. Its earnings per share stood at -$1.76. The next earnings report is expected on August 6, 2026.
Insider Buying and Selling at Opendoor Technologies Inc.
Alongside David Benson, several other insiders, including Eric Wu, Keith Rabois, Eric Feder, Dana Hamilton, and Adam Bain, each bought 41,667 shares on June 11, 2026. These purchases were not part of planned trade arrangements and were made at no cost.
Analysts Set New Price Targets
On April 28, 2026, Alliance Global Partners initiated coverage on Opendoor Technologies with a 'buy' rating and set a price target of $8. In contrast, Keefe, Bruyette & Woods maintained a 'sell' rating, with a target of $2 as of November 10, 2025. The consensus among seven analysts is a 'hold' recommendation, with an average target price of $4.82.
About Opendoor Technologies Inc.
Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It facilitates buying and selling homes through its online platform and provides related services like real estate brokerage, title insurance, and escrow services. Founded in 2013, the company is headquartered in Tempe, Arizona, and is led by CEO Mr. Kasra Nejatian. Opendoor employs approximately 1,042 people.
Bottom Line
David Benson's recent purchase of Opendoor Technologies shares reflects a notable insider move. Opendoor, a key player in the real estate technology space, continues to draw attention from institutional investors and analysts. As always, insider transactions are a backward-looking indication and may not reflect current positions or future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
