Key Points
- Insider Chad Smith sold 3,307 shares of Better Home & Finance at an average price of $12.85, worth approximately $42,495. The sale covered tax-withholding obligations tied to vested equity awards and reduced his position by 66.14%.
- Better Home & Finance reported a quarterly loss of $1.64 per share, missing the $1.41 consensus estimate, on revenue of $54.7 million. The company continues to post significant losses, with analysts forecasting a full-year loss of $6.56 per share.
- Analyst sentiment remains cautiously positive: the stock has a consensus “Moderate Buy” rating and an average price target of $28.17, well above its recent $11.60 opening price, though targets have been reduced and the company adopted a defensive shareholder rights plan.
Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) insider Chad Smith sold 3,307 shares of Better Home & Finance stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $12.85, for a total transaction of $42,494.95. Following the sale, the insider owned 1,693 shares of the company's stock, valued at approximately $21,755.05. This represents a 66.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Better Home & Finance Stock Performance
BETR opened at $11.60 on Friday. The firm has a market capitalization of $218.89 million, a PE ratio of -1.05 and a beta of 1.73. Better Home & Finance Holding Company has a 52 week low of $11.43 and a 52 week high of $94.06. The company has a fifty day moving average price of $22.75 and a two-hundred day moving average price of $28.87.
Better Home & Finance (NASDAQ:BETR - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($1.64) earnings per share for the quarter, missing analysts' consensus estimates of ($1.41) by ($0.23). The firm had revenue of $54.70 million during the quarter. Better Home & Finance had a negative net margin of 94.52% and a negative return on equity of 409.62%. Equities analysts forecast that Better Home & Finance Holding Company will post -6.56 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Roth Capital set a $25.00 price target on Better Home & Finance in a research report on Thursday, August 13th. Northland Securities raised Better Home & Finance from a "market perform" rating to an "outperform" rating and set a $38.00 target price for the company in a research note on Thursday, July 9th. Canaccord Genuity Group restated a "buy" rating and set a $42.00 target price on shares of Better Home & Finance in a report on Tuesday, August 4th. Needham & Company LLC reduced their price target on shares of Better Home & Finance from $35.00 to $25.00 and set a "buy" rating for the company in a report on Friday, August 7th. Finally, Wall Street Zen raised shares of Better Home & Finance from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 15th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $28.17.
Get Our Latest Stock Analysis on Better Home & Finance
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in BETR. JPMorgan Chase & Co. acquired a new stake in Better Home & Finance in the 2nd quarter valued at $29,000. Russell Investments Group Ltd. acquired a new stake in Better Home & Finance in the third quarter valued at $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Better Home & Finance in the second quarter valued at approximately $33,000. Activest Wealth Management bought a new position in Better Home & Finance during the fourth quarter worth $59,000. Finally, BNP Paribas Financial Markets acquired a new stake in Better Home & Finance during the second quarter worth approximately $72,000. Institutional investors own 20.94% of the company's stock.
Key Stories Impacting Better Home & Finance
Here are the key news stories impacting Better Home & Finance this week:
- Positive Sentiment: Northland Securities reiterated an “Outperform” rating and a $38 price target, implying substantial upside from recent levels. Its forecasts show losses narrowing from an estimated $7.47 per share in fiscal 2026 to $0.47 in fiscal 2027, with profitability projected in the fourth quarter of 2027. Northland Securities estimates
- Neutral Sentiment: Better Home & Finance adopted a defensive shareholder rights plan through a special committee. The measure may protect existing shareholders from an unwanted accumulation of shares or takeover attempt, although it can also make strategic transactions more difficult and may be viewed cautiously by investors. Better Home & Finance adopts defensive shareholder rights plan
- Neutral Sentiment: Insider Chad M. Smith sold 3,307 shares for approximately $42,495, reducing his stake by 66%. The filing said the sale covered tax-withholding obligations tied to vested equity awards, making it less concerning than a discretionary sale but still a modest negative signal. Insider transaction filing
- Negative Sentiment: Northland reduced its fiscal 2026 EPS forecast to a $7.47 loss from a $7.14 loss, and lowered third- and fourth-quarter 2026 estimates to losses of $1.07 and $0.70 per share, respectively. The revisions reinforce concerns about continued losses; the company’s latest quarter also missed consensus EPS expectations.
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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