Key Points
- Better Home & Finance COO Chad Smith sold 2,455 shares at an average price of $30.16, totaling about $74,043. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and he now directly owns 21,061 shares.
- The stock traded lower on the day and opened around $30.07, well below its 50-day and 200-day moving averages. BETR remains volatile, with a market cap of about $494.65 million and a 52-week range of $10.81 to $94.06.
- Recent operating updates have been mixed to weak: the company reported a Q1 loss, missed EPS estimates, and issued Q2 revenue guidance below consensus. Analyst opinions are split, though the overall consensus remains a Moderate Buy with a $46.50 target price.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) COO Chad Smith sold 2,455 shares of Better Home & Finance stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $30.16, for a total value of $74,042.80. Following the completion of the sale, the chief operating officer directly owned 21,061 shares in the company, valued at $635,199.76. This represents a 10.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Better Home & Finance Trading Down 1.5%
NASDAQ BETR opened at $30.07 on Friday. The stock has a market capitalization of $494.65 million, a price-to-earnings ratio of -2.55 and a beta of 1.83. The business's 50 day moving average is $35.94 and its two-hundred day moving average is $41.05. Better Home & Finance Holding Company has a 12-month low of $10.81 and a 12-month high of $94.06.
Institutional Investors Weigh In On Better Home & Finance
A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in Better Home & Finance by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 13,890 shares of the company's stock valued at $495,000 after purchasing an additional 548 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Better Home & Finance during the first quarter worth $1,460,000. Alpine Global Management LLC purchased a new stake in Better Home & Finance during the fourth quarter worth $456,000. Engineers Gate Manager LP acquired a new stake in Better Home & Finance in the fourth quarter valued at $450,000. Finally, AQR Capital Management LLC grew its holdings in Better Home & Finance by 39.7% in the fourth quarter. AQR Capital Management LLC now owns 13,769 shares of the company's stock valued at $449,000 after purchasing an additional 3,913 shares during the last quarter. Institutional investors and hedge funds own 20.94% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have issued reports on BETR shares. Cantor Fitzgerald upgraded Better Home & Finance to a "strong-buy" rating in a research report on Tuesday, January 27th. Needham & Company LLC started coverage on shares of Better Home & Finance in a research report on Monday, May 4th. They set a "buy" rating and a $53.00 target price on the stock. Wall Street Zen cut shares of Better Home & Finance from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Better Home & Finance in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Better Home & Finance presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.50.
View Our Latest Stock Report on BETR
Key Stories Impacting Better Home & Finance
Here are the key news stories impacting Better Home & Finance this week:
- Positive Sentiment: CEO Vishal Garg bought 6,583 shares of BETR at $30.00 per share, signaling confidence in the company after the earnings release. The purchase increased his stake by about 10% and may help support investor sentiment. Vishal Garg Buys 6,583 Shares of Better Home & Finance (NASDAQ:BETR) Stock
- Neutral Sentiment: The company announced first-quarter 2026 results and showed some improvement versus last year, with a smaller per-share loss than the prior-year quarter, though results were still weak overall. Better Home & Finance Holding Company Announces First Quarter 2026 Results
- Negative Sentiment: BETR reported Q1 EPS of -$1.86, missing the Zacks consensus estimate of -$1.56, which reinforces concerns about profitability. Better Home & Finance Holding Company (BETR) Reports Q1 Loss, Tops Revenue Estimates
- Negative Sentiment: The company also provided second-quarter revenue guidance of $53 million to $56 million, below the $61.6 million consensus estimate, suggesting near-term sales may come in weaker than expected. Better Home & Finance Holding Company Announces First Quarter 2026 Results
- Negative Sentiment: A separate earnings report showed a much larger-than-expected quarterly loss of $4.29 per share versus the $1.77 consensus estimate, highlighting ongoing earnings volatility. Better Home & Finance posted earnings results
- Negative Sentiment: COO Chad M. Smith sold 2,455 shares at $30.16, which may add to concerns about insider selling even though the trade was made under a pre-arranged 10b5-1 plan. SEC Form 4 filing for Chad M. Smith
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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