Beeline Holdings, Inc. (NASDAQ:BLNE - Get Free Report) CEO Nicholas Reyland Liuzza, Jr. bought 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $0.98 per share, with a total value of $14,700.00. Following the transaction, the chief executive officer owned 4,545,099 shares of the company's stock, valued at $4,454,197.02. This represents a 0.33% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Beeline Price Performance
Shares of NASDAQ:BLNE opened at $0.99 on Tuesday. The company's 50-day moving average price is $1.04 and its two-hundred day moving average price is $1.71. Beeline Holdings, Inc. has a one year low of $0.76 and a one year high of $4.65. The stock has a market capitalization of $32.46 million, a PE ratio of -2.03 and a beta of 1.25.
Beeline (NASDAQ:BLNE - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.13) EPS for the quarter. The business had revenue of $3.56 million for the quarter. Beeline had a negative return on equity of 41.07% and a negative net margin of 212.25%. On average, analysts anticipate that Beeline Holdings, Inc. will post -0.01 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Beeline
A number of institutional investors and hedge funds have recently modified their holdings of BLNE. Waddell & Associates LLC lifted its stake in Beeline by 55.0% in the 4th quarter. Waddell & Associates LLC now owns 31,000 shares of the company's stock valued at $53,000 after purchasing an additional 11,000 shares during the last quarter. Centiva Capital LP bought a new position in Beeline during the third quarter worth about $46,000. LPL Financial LLC acquired a new position in Beeline during the fourth quarter worth approximately $29,000. Virtu Financial LLC acquired a new position in Beeline during the fourth quarter worth approximately $30,000. Finally, Manchester Financial Inc. bought a new stake in Beeline in the fourth quarter valued at approximately $31,000. 0.58% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
BLNE has been the subject of several recent research reports. Weiss Ratings cut Beeline from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday, June 5th. LADENBURG THALM/SH SH upgraded Beeline to a "strong-buy" rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen downgraded Beeline from a "hold" rating to a "sell" rating in a report on Sunday, May 17th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Beeline currently has an average rating of "Moderate Buy".
Get Our Latest Stock Report on BLNE
Beeline Company Profile
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Beeline Holdings, Inc is a mortgage fintech company that provides a digital, AI-powered lending and title platform designed to streamline the home loan process. Headquartered in Providence, Rhode Island, Beeline aims to make mortgages simpler and faster by combining technology with an end-to-end approach across origination and title services. The company focuses on improving efficiency and transparency for homebuyers and homeowners, supporting broader access to financial flexibility through property ownership.
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