Radhakrishna Shrisha, an insider at Opendoor Technologies Inc (OPEN), acquired 4,280,000 shares at a price of $4.42 each on August 27, 2025. The total transaction value reached $18.92 million. Following this purchase, Shrisha holds the same number of shares in the company.
Opendoor Technologies operates in the real estate sector, focusing on the buying, selling, and trading of residential properties online. The company, headquartered in Tempe, Arizona, employs 1,470 full-time staff and went public on December 18, 2020. Its offerings include services like Sell to Opendoor and Opendoor Marketplace, providing a digital experience for buyers and sellers.
As of November 20, 2025, Opendoor has a market capitalization of $5.9 billion and a trailing twelve-month earnings per share of -0.44. Upcoming earnings reports are scheduled for May 4, 2026, with an estimated EPS of -0.08 and revenue of $1.1 billion, followed by another report on August 3, 2026, expecting an EPS of -0.04 and revenue of $1.7 billion.
Insider purchases can indicate confidence in a company's future, as executives typically have access to non-public information. However, such transactions should be considered alongside other financial metrics and trends, rather than in isolation.