Key Points
- General Counsel Paula Tuffin sold 8,000 shares on Dec. 11 at an average price of $46.56 for $372,480, reducing her stake by 19.83% to 32,344 shares (~$1.506M), according to an SEC filing.
- BETR shares were down 5.1%, opening at $39.62; the company has a $622M market cap, a negative P/E (-3.25), and a 52‑week range of $7.71–$94.06.
- Analysts' consensus is "Reduce" (two Holds, one Sell), while institutional investors — including Vanguard and Goldman Sachs — have recently increased positions and institutions own about 20.94% of the stock.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) COO Chad Smith sold 2,378 shares of Better Home & Finance stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $47.67, for a total value of $113,359.26. Following the transaction, the chief operating officer owned 33,590 shares of the company's stock, valued at $1,601,235.30. The trade was a 6.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Better Home & Finance Stock Down 5.1%
NASDAQ:BETR opened at $39.62 on Tuesday. Better Home & Finance Holding Company has a 12-month low of $7.71 and a 12-month high of $94.06. The firm has a market capitalization of $622.03 million, a price-to-earnings ratio of -3.25 and a beta of 1.96. The stock's 50 day moving average price is $57.74 and its two-hundred day moving average price is $34.21.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in BETR. Vanguard Group Inc. increased its holdings in shares of Better Home & Finance by 1.6% during the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company's stock worth $22,394,000 after purchasing an additional 6,374 shares during the period. Goldman Sachs Group Inc. increased its stake in Better Home & Finance by 3.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company's stock worth $3,207,000 after acquiring an additional 8,924 shares during the period. Gratia Capital LLC acquired a new position in Better Home & Finance in the 2nd quarter valued at $1,797,000. Geode Capital Management LLC lifted its position in shares of Better Home & Finance by 90.6% during the 2nd quarter. Geode Capital Management LLC now owns 129,881 shares of the company's stock valued at $1,609,000 after acquiring an additional 61,740 shares during the period. Finally, Marshall Wace LLP grew its holdings in shares of Better Home & Finance by 151.6% during the 2nd quarter. Marshall Wace LLP now owns 89,804 shares of the company's stock worth $1,113,000 after purchasing an additional 54,113 shares in the last quarter. Institutional investors and hedge funds own 20.94% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Northland Capmk upgraded shares of Better Home & Finance to a "hold" rating in a report on Monday, October 6th. Northland Securities began coverage on shares of Better Home & Finance in a report on Monday, October 6th. They issued a "market perform" rating on the stock. Weiss Ratings restated a "sell (e+)" rating on shares of Better Home & Finance in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered Better Home & Finance from a "hold" rating to a "sell" rating in a research note on Saturday, October 11th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce".
Read Our Latest Stock Report on Better Home & Finance
About Better Home & Finance
(
Get Free Report)
Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner's insurance services. The company was founded in 2014 and is headquartered in New York, NY.
Further Reading
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