Key Points
- Better Home & Finance director Harit Talwar bought 3,000 shares on May 8 at an average price of $30.43, spending $91,290. After the purchase, he owned 39,698 shares worth about $1.21 million.
- Talwar has been actively buying the stock recently, including purchases of 5,000 shares on April 9, 1,000 shares on April 8, and 5,000 shares on April 2, signaling continued insider confidence.
- Analyst sentiment is mixed but leans positive: the stock has a consensus rating of “Moderate Buy” and a price target of $46.50, even as some firms have issued sell ratings.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) Director Harit Talwar bought 3,000 shares of Better Home & Finance stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $30.43 per share, for a total transaction of $91,290.00. Following the completion of the purchase, the director directly owned 39,698 shares of the company's stock, valued at $1,208,010.14. This trade represents a 8.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Harit Talwar also recently made the following trade(s):
- On Thursday, April 9th, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $32.89 per share, with a total value of $164,450.00.
- On Wednesday, April 8th, Harit Talwar purchased 1,000 shares of Better Home & Finance stock. The shares were purchased at an average price of $33.34 per share, with a total value of $33,340.00.
- On Thursday, April 2nd, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The shares were purchased at an average cost of $35.24 per share, for a total transaction of $176,200.00.
Better Home & Finance Stock Performance
BETR opened at $31.05 on Tuesday. Better Home & Finance Holding Company has a one year low of $10.81 and a one year high of $94.06. The stock has a market capitalization of $510.77 million, a PE ratio of -2.64 and a beta of 1.83. The business's 50 day moving average price is $35.88 and its 200 day moving average price is $40.38.
Institutional Investors Weigh In On Better Home & Finance
A number of institutional investors have recently modified their holdings of BETR. Goldman Sachs Group Inc. lifted its stake in Better Home & Finance by 3.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company's stock worth $3,207,000 after acquiring an additional 8,924 shares in the last quarter. Geode Capital Management LLC increased its stake in Better Home & Finance by 90.6% during the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company's stock worth $1,609,000 after purchasing an additional 61,740 shares during the period. JPMorgan Chase & Co. purchased a new stake in Better Home & Finance during the second quarter worth about $29,000. XTX Topco Ltd acquired a new stake in shares of Better Home & Finance during the second quarter worth about $197,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Better Home & Finance during the second quarter worth about $100,000. 20.94% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Better Home & Finance in a research note on Monday, April 20th. Cantor Fitzgerald upgraded shares of Better Home & Finance to a "strong-buy" rating in a report on Tuesday, January 27th. Needham & Company LLC assumed coverage on shares of Better Home & Finance in a research report on Monday, May 4th. They issued a "buy" rating and a $53.00 target price on the stock. Finally, Wall Street Zen lowered shares of Better Home & Finance from a "hold" rating to a "sell" rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $46.50.
View Our Latest Stock Report on BETR
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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