Key Points
- COO Chad Smith sold 6,000 shares on Feb. 17 at an average price of $30.07 for $180,420, cutting his stake by 27.79% to 15,590 shares; the trade was disclosed in an SEC filing.
- BETR opened at $31.90 (trading up ~2.1%), has a 52-week range of $8.90–$94.06, a market cap of about $500.8M and a negative P/E of −2.62.
- Wall Street opinion is mixed—one Strong Buy, one Hold and one Sell—giving a consensus rating of Hold with a $40 price target, and institutional investors own roughly 20.94% of the stock.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) COO Chad Smith sold 6,000 shares of the company's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $30.07, for a total transaction of $180,420.00. Following the completion of the sale, the chief operating officer directly owned 15,590 shares of the company's stock, valued at $468,791.30. The trade was a 27.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Better Home & Finance Trading Up 2.1%
Better Home & Finance stock opened at $31.90 on Thursday. Better Home & Finance Holding Company has a 52 week low of $8.90 and a 52 week high of $94.06. The stock has a market cap of $500.83 million, a price-to-earnings ratio of -2.62 and a beta of 1.99. The company's 50-day moving average price is $33.59 and its two-hundred day moving average price is $40.57.
Institutional Investors Weigh In On Better Home & Finance
Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in shares of Better Home & Finance in the 2nd quarter worth $29,000. FNY Investment Advisers LLC purchased a new position in Better Home & Finance in the 3rd quarter worth about $29,000. Russell Investments Group Ltd. acquired a new stake in Better Home & Finance during the 3rd quarter worth about $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Better Home & Finance during the second quarter valued at about $33,000. Finally, CWM LLC purchased a new stake in Better Home & Finance during the third quarter valued at about $42,000. 20.94% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Weiss Ratings restated a "sell (e+)" rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. Cantor Fitzgerald raised Better Home & Finance to a "strong-buy" rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $40.00.
View Our Latest 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.
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