Key Points
- COO Chad Smith sold 3,097 shares on Feb. 3 at an average price of $27.06 for proceeds of $83,804.82, cutting his position by 14.34% to 18,493 shares (≈$500,420.58).
- BETR stock was trading up about 3.6% (opened $27.84) with a market cap of $437.1M, a 1‑year range of $8.90–$94.06 and 50/200‑day SMAs near $37.49 and $39.57.
- Analyst and institutional sentiment is mixed: the consensus rating is a "Hold" with a $40 price target, while Cantor Fitzgerald is a "strong‑buy" and others rate "sell"; institutional investors own roughly 20.9%, including increased stakes by Vanguard and Goldman Sachs.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) COO Chad Smith sold 3,097 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $27.06, for a total transaction of $83,804.82. Following the transaction, the chief operating officer owned 18,493 shares in the company, valued at approximately $500,420.58. This trade represents a 14.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Better Home & Finance Trading Up 3.6%
BETR stock opened at $27.84 on Wednesday. The firm has a market cap of $437.09 million, a PE ratio of -2.28 and a beta of 1.99. Better Home & Finance Holding Company has a 1 year low of $8.90 and a 1 year high of $94.06. The company has a fifty day simple moving average of $37.49 and a 200 day simple moving average of $39.57.
Hedge Funds Weigh In On Better Home & Finance
Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Better Home & Finance by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 398,903 shares of the company's stock valued at $22,394,000 after purchasing an additional 6,374 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 purchasing an additional 8,924 shares during the period. Gratia Capital LLC acquired a new position in shares of Better Home & Finance during the second quarter valued at about $1,797,000. Geode Capital Management LLC lifted its stake in shares of Better Home & Finance by 90.6% in the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company's stock valued at $1,609,000 after buying an additional 61,740 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Better Home & Finance by 151.6% in the second quarter. Marshall Wace LLP now owns 89,804 shares of the company's stock valued at $1,113,000 after buying an additional 54,113 shares during the period. Institutional investors own 20.94% of the company's stock.
Analyst Ratings Changes
Several equities analysts have commented on BETR shares. Wall Street Zen downgraded Better Home & Finance from a "hold" rating to a "sell" rating in a report on Saturday, October 11th. Cantor Fitzgerald upgraded shares of Better Home & Finance to a "strong-buy" rating in a research note on Tuesday, January 27th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Better Home & Finance in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $40.00.
View Our Latest Research Report on BETR
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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