Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) major shareholder Ventures Iv L.P. Framework bought 40,000 shares of the firm's stock in a transaction on Monday, March 23rd. The shares were bought at an average price of $29.60 per share, with a total value of $1,184,000.00. Following the completion of the purchase, the insider owned 952,312 shares in the company, valued at approximately $28,188,435.20. The trade was a 4.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Ventures Iv L.P. Framework also recently made the following trade(s):
- On Thursday, March 19th, Ventures Iv L.P. Framework purchased 53,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $28.48 per share, for a total transaction of $1,509,440.00.
- On Monday, March 16th, Ventures Iv L.P. Framework acquired 25,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $29.55 per share, with a total value of $738,750.00.
- On Friday, March 13th, Ventures Iv L.P. Framework acquired 29,494 shares of Better Home & Finance stock. The stock was purchased 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 acquired 21,598 shares of Better Home & Finance stock. The shares were purchased 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 bought 10,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $35.46 per share, for a total transaction of $354,600.00.
Better Home & Finance Stock Performance
Shares of NASDAQ:BETR opened at $28.99 on Tuesday. The stock's 50-day simple moving average is $31.46 and its two-hundred day simple moving average is $43.00. The stock has a market capitalization of $476.89 million, a price-to-earnings ratio of -2.68 and a beta of 1.98. Better Home & Finance Holding Company has a 52-week low of $9.50 and a 52-week high of $94.06.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Weiss Ratings reissued a "sell (e+)" rating on shares of Better Home & Finance in a report on Wednesday, January 21st. Cantor Fitzgerald raised shares of 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Better Home & Finance has a consensus rating of "Hold" and a consensus price target of $40.00.
Read Our Latest Stock Analysis on Better Home & Finance
Institutional Trading of Better Home & Finance
Hedge funds and other institutional investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC bought a new position in shares of Better Home & Finance during the 3rd quarter valued at approximately $29,000. Russell Investments Group Ltd. bought a new stake in Better Home & Finance during the 3rd quarter worth approximately $31,000. Solstein Capital LLC raised its stake in Better Home & Finance by 42.6% during the 3rd quarter. Solstein Capital LLC now owns 2,214 shares of the company's stock worth $124,000 after acquiring an additional 661 shares during the period. CWM LLC purchased a new position in Better Home & Finance during the third quarter valued at approximately $42,000. Finally, BNP Paribas Financial Markets lifted its holdings in Better Home & Finance by 15.3% during the third quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company's stock valued at $378,000 after purchasing an additional 894 shares in the last quarter. Hedge funds and other institutional investors 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.
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