Key Points
- COO Chad Smith sold 2,374 shares on March 17 at an average price of $28.51 for total proceeds of $67,682.74, cutting his stake by 11.33% to 18,575 shares (about $529,573).
- Stock snapshot: BETR opened at $31.22, trades in a 52-week range of $9.50–$94.06, has a market cap of $490.15M and a negative P/E of -2.89, with 50- and 200-day moving averages of $32.17 and $42.83.
- Mixed sentiment: analyst ratings are split (one Strong Buy, one Hold, one Sell) leaving a MarketBeat consensus of "Hold" with a $40 average target, while institutions own about 20.94% and several firms recently added small positions.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) COO Chad Smith sold 2,374 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $28.51, for a total transaction of $67,682.74. Following the sale, the chief operating officer directly owned 18,575 shares of the company's stock, valued at approximately $529,573.25. The trade was a 11.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Better Home & Finance Price Performance
BETR opened at $31.22 on Wednesday. Better Home & Finance Holding Company has a fifty-two week low of $9.50 and a fifty-two week high of $94.06. The firm has a market capitalization of $490.15 million, a PE ratio of -2.89 and a beta of 1.98. The company's 50-day moving average is $32.17 and its 200 day moving average is $42.83.
Institutional Investors Weigh In On Better Home & Finance
Several large investors have recently made changes to their positions in BETR. JPMorgan Chase & Co. purchased a new stake in shares of Better Home & Finance during the 2nd quarter valued at $29,000. FNY Investment Advisers LLC purchased a new position in shares of Better Home & Finance in the 3rd quarter worth about $29,000. Russell Investments Group Ltd. bought a new position in Better Home & Finance during the third quarter valued at about $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position 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 worth about $42,000. 20.94% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on BETR. Cantor Fitzgerald upgraded Better Home & Finance to a "strong-buy" rating in a report on Tuesday, January 27th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Better Home & Finance in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $40.00.
Get Our Latest Stock Report on Better Home & Finance
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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