Key Points
- Director Bhaskar Menon purchased 1,500 shares of Better Home & Finance on Dec. 30 at an average price of $33.94 for a total of $50,910, a transaction disclosed in an SEC filing.
- BETR trades in the mid-$30s (opened $34.74), has a market cap of about $545M and a negative P/E (-2.85) with a 52-week range of $7.71–$94.06, while analyst consensus is a "Reduce" rating (two Holds, one Sell).
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) Director Bhaskar Menon purchased 1,500 shares of the stock in a transaction on Tuesday, December 30th. The stock was bought at an average price of $33.94 per share, for a total transaction of $50,910.00. Following the completion of the transaction, the director directly owned 1,500 shares of the company's stock, valued at approximately $50,910. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Better Home & Finance Stock Performance
Shares of BETR opened at $34.74 on Friday. The firm has a market capitalization of $545.42 million, a price-to-earnings ratio of -2.85 and a beta of 1.99. Better Home & Finance Holding Company has a 52 week low of $7.71 and a 52 week high of $94.06. The business's fifty day moving average price is $49.41 and its two-hundred day moving average price is $36.09.
Hedge Funds Weigh In On Better Home & Finance
Several large investors have recently modified their holdings of BETR. JPMorgan Chase & Co. acquired a new stake in Better Home & Finance in the second quarter valued at $29,000. FNY Investment Advisers LLC acquired a new position in Better Home & Finance in the third quarter valued at approximately $29,000. Russell Investments Group Ltd. acquired a new position in shares of Better Home & Finance during the 3rd quarter valued at $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Better Home & Finance during the 2nd quarter worth about $33,000. Finally, CWM LLC bought a new position in Better Home & Finance in the third quarter worth approximately $42,000. Institutional investors own 20.94% of the company's stock.
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. Wall Street Zen cut Better Home & Finance from a "hold" rating to a "sell" rating in a research report on Saturday, October 11th. Northland Securities began coverage on Better Home & Finance in a research report on Monday, October 6th. They set a "market perform" rating on the stock. Weiss Ratings reiterated a "sell (e+)" rating on shares of Better Home & Finance in a research note on Wednesday, October 8th. Finally, Northland Capmk upgraded shares of Better Home & Finance to a "hold" rating in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Reduce".
Get Our Latest Report on BETR
Better Home & Finance Company Profile
(
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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