Insider Buying: Better Home & Finance (NASDAQ:BETR) Major Shareholder Purchases 10,000 Shares of Stock

Key Points

  • Ventures Iv L.P. Framework bought 10,000 shares on March 9 at $35.46 for $354,600 and another 21,598 shares on March 11 at $39.73 for $858,088, bringing its direct stake to 571,908 shares (a 1.78% increase).
  • Better Home & Finance (BETR) trades around $39.27, has a 12‑month range of $9.50–$94.06, a market cap of about $616.5M and a negative P/E of -3.21, indicating the company is currently unprofitable.
  • Analyst coverage is mixed—one Strong Buy, one Hold and one Sell—producing a consensus Hold rating and a $40.00 target, while institutional investors own roughly 20.94% of the stock with several large funds recently adding to positions.

Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) major shareholder Ventures Iv L.P. Framework bought 10,000 shares of the business's stock in a transaction on Monday, March 9th. The stock was bought at an average price of $35.46 per share, for a total transaction of $354,600.00. Following the completion of the purchase, the insider directly owned 571,908 shares of the company's stock, valued at $20,279,857.68. The trade was a 1.78% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Ventures Iv L.P. Framework also recently made the following trade(s):

  • On Wednesday, March 11th, Ventures Iv L.P. Framework purchased 21,598 shares of Better Home & Finance stock. The shares were purchased at an average cost of $39.73 per share, with a total value of $858,088.54.

Better Home & Finance Stock Performance

Shares of Better Home & Finance stock traded down $0.67 during trading on Thursday, hitting $39.27. 24,587 shares of the stock were exchanged, compared to its average volume of 416,818. Better Home & Finance Holding Company has a 12 month low of $9.50 and a 12 month high of $94.06. The stock's fifty day moving average is $32.32 and its 200 day moving average is $42.36. The stock has a market cap of $616.46 million, a PE ratio of -3.21 and a beta of 1.98.

Wall Street Analysts Forecast Growth




Several research analysts have commented on BETR shares. Weiss Ratings restated a "sell (e+)" rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. Cantor Fitzgerald upgraded Better Home & Finance to a "strong-buy" rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $40.00.

Read Our Latest Analysis on Better Home & Finance

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Better Home & Finance by 1.6% in the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company's stock worth $22,394,000 after buying an additional 6,374 shares during the last quarter. Goldman Sachs Group Inc. lifted its position 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 valued at $3,207,000 after acquiring an additional 8,924 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Better Home & Finance by 8.6% during the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company's stock worth $4,927,000 after acquiring an additional 11,922 shares in the last quarter. Gratia Capital LLC bought a new stake in shares of Better Home & Finance during the 2nd quarter worth $1,797,000. Finally, State Street Corp grew its holdings in shares of Better Home & Finance by 14.2% in the 4th quarter. State Street Corp now owns 116,597 shares of the company's stock worth $3,799,000 after acquiring an additional 14,540 shares during the last quarter. Institutional investors and hedge funds own 20.94% of the company's stock.

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.

See Also

Insider Buying and Selling by Quarter for Better Home & Finance (NASDAQ:BETR)

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