Key Points
- Director Harit Talwar bought 5,000 shares of Better Home & Finance at an average price of $25.34 per share, increasing his holdings to 44,698 shares. The transaction was disclosed in an SEC filing and lifted his position by 12.6%.
- Talwar has been actively buying shares in recent weeks, including purchases of 3,000 shares on May 8 and additional buys in early April. The article highlights a pattern of insider accumulation.
- Analyst sentiment is mixed but constructive, with the stock carrying an average “Moderate Buy” rating and a consensus price target of $46.50. Better Home & Finance shares were trading up 3.4% at $26.47, well below that target.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) Director Harit Talwar acquired 5,000 shares of Better Home & Finance stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average cost of $25.34 per share, with a total value of $126,700.00. Following the completion of the purchase, the director owned 44,698 shares in the company, valued at approximately $1,132,647.32. This represents a 12.60% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Harit Talwar also recently made the following trade(s):
- On Friday, May 8th, Harit Talwar acquired 3,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $30.43 per share, with a total value of $91,290.00.
- On Thursday, April 9th, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $32.89 per share, with a total value of $164,450.00.
- On Wednesday, April 8th, Harit Talwar acquired 1,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $33.34 per share, with a total value of $33,340.00.
- On Thursday, April 2nd, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $35.24 per share, with a total value of $176,200.00.
Better Home & Finance Trading Up 3.4%
Shares of Better Home & Finance stock opened at $26.47 on Wednesday. The stock has a 50-day moving average price of $34.09 and a 200 day moving average price of $36.75. The company has a market cap of $499.49 million, a P/E ratio of -2.25 and a beta of 1.83. Better Home & Finance Holding Company has a 1 year low of $10.81 and a 1 year high of $94.06.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on BETR shares. Needham & Company LLC started coverage on Better Home & Finance in a research note on Monday, May 4th. They issued a "buy" rating and a $53.00 price objective for the company. Cantor Fitzgerald raised Better Home & Finance to a "strong-buy" rating in a research note on Tuesday, January 27th. Wall Street Zen lowered Better Home & Finance from a "sell" rating to a "strong sell" rating in a research report on Sunday, May 17th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Better Home & Finance in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Better Home & Finance presently has an average rating of "Moderate Buy" and an average price target of $46.50.
Get Our Latest Stock Analysis on Better Home & Finance
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new position in Better Home & Finance in the 3rd quarter worth about $29,000. JPMorgan Chase & Co. acquired a new position in Better Home & Finance in the 2nd quarter worth about $29,000. Russell Investments Group Ltd. acquired a new position in Better Home & Finance in the 3rd quarter worth about $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Better Home & Finance in the 2nd quarter worth about $33,000. Finally, Activest Wealth Management acquired a new position in Better Home & Finance during the fourth quarter worth $59,000. 20.94% of the stock is owned by institutional investors and hedge funds.
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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