Key Points
- Ventures Iv L.P. Framework purchased 25,000 shares of Better Home & Finance (BETR) on March 16 at $29.55 each (≈$738,750), bringing its holdings to 859,312 shares — a 3.0% increase — as disclosed in an SEC filing.
- The investor has been steadily accumulating stock: four purchases from March 9–16 totaled 86,092 shares worth roughly $2.96 million (including buys on March 9, 11, 13 and 16), indicating active insider accumulation.
- BETR opened at $28.70 on Tuesday, trades in a 12‑month range of $9.50–$94.06 with a market cap of ~$450.6M, and carries a MarketBeat consensus rating of Hold with an average target of $40.00.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) major shareholder Ventures Iv L.P. Framework bought 25,000 shares of Better Home & Finance stock in a transaction dated Monday, March 16th. The shares were acquired at an average price of $29.55 per share, with a total value of $738,750.00. Following the completion of the purchase, the insider owned 859,312 shares in the company, valued at approximately $25,392,669.60. The trade was a 3.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Ventures Iv L.P. Framework also recently made the following trade(s):
- On Friday, March 13th, Ventures Iv L.P. Framework purchased 29,494 shares of Better Home & Finance stock. The shares were bought at an average cost of $34.12 per share, with a total value of $1,006,335.28.
- On Wednesday, March 11th, Ventures Iv L.P. Framework purchased 21,598 shares of Better Home & Finance stock. The stock was bought at an average price of $39.73 per share, with a total value of $858,088.54.
- On Monday, March 9th, Ventures Iv L.P. Framework purchased 10,000 shares of Better Home & Finance stock. The stock was bought at an average cost of $35.46 per share, for a total transaction of $354,600.00.
Better Home & Finance Price Performance
NASDAQ BETR opened at $28.70 on Tuesday. Better Home & Finance Holding Company has a 12 month low of $9.50 and a 12 month high of $94.06. The company has a market capitalization of $450.59 million, a price-to-earnings ratio of -2.65 and a beta of 1.98. The company's fifty day moving average price is $32.25 and its two-hundred day moving average price is $42.77.
Hedge Funds Weigh In On Better Home & Finance
A number of hedge funds have recently added to or reduced their stakes in the business. Gratia Capital LLC bought a new stake in Better Home & Finance during the second quarter valued at $1,797,000. Jump Financial LLC acquired a new stake in shares of Better Home & Finance during the fourth quarter worth $2,457,000. Goldman Sachs Group Inc. lifted its position in shares of Better Home & Finance by 1,465.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 73,685 shares of the company's stock worth $2,401,000 after buying an additional 68,977 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Better Home & Finance by 90.6% in the 2nd quarter. Geode Capital Management LLC now owns 129,881 shares of the company's stock worth $1,609,000 after buying an additional 61,740 shares during the last quarter. Finally, Comerica Bank acquired a new position in shares of Better Home & Finance in the 4th quarter valued at about $1,819,000. Institutional investors and hedge funds own 20.94% of the company's stock.
Analyst Ratings Changes
BETR has been the topic of several research analyst reports. Weiss Ratings reaffirmed 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 report on Tuesday, January 27th. One 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 stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $40.00.
Check Out Our Latest Analysis on Better Home & Finance
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
