Opendoor Technologies CLO Schaub Sydney sells shares at $1/share on July 15, 16.

Opendoor Technologies Inc. (OPEN) has announced that Chief Legal Officer Sydney Schaub has made two recent share sales. On July 15, 2025, Schaub sold 17,236 shares at a price of $1 each. The following day, July 16, 2025, Schaub sold an additional 125 shares at a price of $1.31 each.

Opendoor Technologies Inc. (OPEN), a leading digital platform for residential real estate transactions, has seen significant share sales by its Chief Legal Officer, Sydney Schaub. On July 15, 2025, Schaub sold 17,236 shares at a price of $1 each, and on July 16, 2025, she sold an additional 125 shares at $1.31 each [4].

These transactions come amidst a period of volatility for Opendoor, with the stock experiencing an 85.71% gain over the past month, despite being down over longer time horizons. The company's Q1 2025 financial results, which showed a 6% increase in revenue and a reduced net loss, may have contributed to the recent rally. Additionally, the company's strategic initiatives, such as the expansion of its agent partnership program and the launch of the Opendoor Key Agent app, have likely influenced investor sentiment [2, 3].

While the short-term momentum is impressive, questions remain about the sustainability of this upward trajectory. The stock remains significantly down over longer time horizons, with a three-month return of -40.07%, a one-year return ranging from -55.93% to -69.01%, and a staggering five-year return of -97.1%. The stock is a far cry from its all-time high of $39.24 reached in February 2021 [2].

Opendoor's recent share sales by Schaub are notable, as they follow a period of insider trading activity. Over the past six months, insiders have traded $OPEN stock 12 times, with all trades being sales. Carrie Wheeler, the Chief Executive Officer, sold 1,232,401 shares, while Sydney Schaub sold 221,856 shares [4].

Institutional investors have also been active, with 123 adding shares and 122 decreasing their positions in their most recent quarter. American Century Companies Inc. and Renaissance Technologies LLC removed a significant number of shares from their portfolios, while Millennium Management LLC added a substantial number of shares [4].

The recent share sales and trading activity by insiders and institutional investors highlight the high stakes and speculative nature of the current market sentiment surrounding Opendoor. As the stock continues to trend, the debate over its long-term prospects remains a hot topic among retail investors and market watchers alike.

References:
[1] https://finance.yahoo.com/quote/OPEN/profile/
[2] https://www.asktraders.com/analysis/opendoor-technologies-stock-rallys-strongly-off-lows/
[3] https://www.ainvest.com/news/opendoor-technologies-shares-rise-2-88-premarket-launching-key-agent-app-faster-home-selling-2507/
[4] https://www.quiverquant.com/news/Opendoor+Technologies+%28OPEN%29+Opinions+on+Activist+Investor+Rally