The open-market acquisition of 27,625 shares at $3.62 per share represents an estimated capital commitment of ~$100,000.
The transaction increased the executive's direct equity holdings by 0.03% to a total of ~83.6 million shares.
All shares were acquired directly by the reporting owner, with no indirect holdings or derivative transactions reported in this filing.
Kasra Nejatian, Chief Executive Officer of Opendoor Technologies Inc. (NASDAQ:OPEN), purchased 27,625 shares of common stock on August 14, 2026, as disclosed in a recent SEC Form 4 filing.
| Metric | Value |
|---|---|
| Shares purchased (directly held) | 27,625 |
| Transaction value | ~$100,000 |
| Post-transaction shares (directly held) | 83,605,924 |
| Post-transaction value | $304.33 million |
Transaction value based on SEC Form 4 weighted average purchase price ($3.62); post-transaction value based on August 14, 2026 market close ($3.64).
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-13) | $3.65 |
| Market Capitalization | $3.5 billion |
| Revenue (TTM) | $3.3 billion |
| Net Income (TTM) | -$1.5 billion |
Opendoor Technologies operates at significant scale with $3.3 billion in trailing 12-month revenue, positioning itself as a transformative force in residential real estate through its fully digital transaction platform. The company's competitive advantage lies in its technology infrastructure and operational efficiency, which enable customers to complete home purchases and sales online without traditional intermediaries.
Despite current net losses of $1.5 billion in the trailing 12 months, the company continues to expand its market presence and ancillary service offerings to drive profitability and shareholder value.
The Aug. 14 purchase of Opendoor Technologies shares by CEO Kasra Nejatian suggests he is bullish about the stock's outlook. He certainly didn't need to buy more, given he directly held over 80 million shares before this transaction.
At the time he acquired more Opendoor stock for a weighted average price of $3.62, shares were not far from the 52-week low of $3.06 reached last year. This indicates Nejatian believes Opendoor is a buy at this level.
While Opendoor managed to gain about 20% over the past 12 months, the stock is down substantially from its 52-week high of $10.87. The cause is a sluggish housing market impacted by elevated mortgage rates, combined with the company's uninspiring business performance.
In the second quarter, Opendoor reported revenue of $883 million, a significant decline from 2025's $1.6 billion. Moreover, the company's costs increased, resulting in a Q2 net loss of $162 million, up from a loss of $29 million in the prior year. That said, Opendoor forecasted Q3 sales to see a 20% year-over-year increase.
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Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.