Key Points
- CEO Nicholas Reyland Liuzza, Jr. purchased 96,000 Beeline shares at an average price of $1.03, investing $98,880 and increasing his direct stake by 2% to 4.89 million shares.
- Beeline shares opened at $1.05, with a market capitalization of approximately $34.25 million and a 52-week range of $0.76 to $4.65. The company reported a quarterly loss of $0.13 per share on $3.56 million in revenue.
- Analyst views are mixed, ranging from “Strong Buy” to “Sell,” though the stock carries a “Moderate Buy” average rating; institutional ownership remains limited at 0.58%.
Beeline Holdings, Inc. (NASDAQ:BLNE - Get Free Report) CEO Nicholas Reyland Liuzza, Jr. bought 96,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average cost of $1.03 per share, for a total transaction of $98,880.00. Following the completion of the acquisition, the chief executive officer directly owned 4,891,099 shares of the company's stock, valued at approximately $5,037,831.97. This trade represents a 2.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Beeline Stock Performance
Shares of NASDAQ BLNE opened at $1.05 on Wednesday. The stock has a market capitalization of $34.25 million, a P/E ratio of -2.14 and a beta of 1.31. The stock's fifty day moving average is $1.04 and its 200 day moving average is $1.69. Beeline Holdings, Inc. has a 52 week low of $0.76 and a 52 week high of $4.65.
Beeline (NASDAQ:BLNE - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter. The firm 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%. Equities research analysts forecast that Beeline Holdings, Inc. will post -0.01 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages recently commented on BLNE. Weiss Ratings downgraded shares of Beeline from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Friday, June 5th. LADENBURG THALM/SH SH upgraded Beeline to a "strong-buy" rating in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of Beeline from a "hold" rating to a "sell" rating in a report on Sunday, May 17th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Beeline currently has an average rating of "Moderate Buy".
Read Our Latest Stock Report on Beeline
Institutional Investors Weigh In On Beeline
A number of institutional investors have recently modified their holdings of the company. Waddell & Associates LLC boosted its position in Beeline by 55.0% during the fourth quarter. Waddell & Associates LLC now owns 31,000 shares of the company's stock valued at $53,000 after acquiring an additional 11,000 shares during the last quarter. Centiva Capital LP bought a new position in Beeline in the third quarter worth approximately $46,000. LPL Financial LLC acquired a new stake in Beeline in the 4th quarter valued at $29,000. Virtu Financial LLC acquired a new position in shares of Beeline during the fourth quarter valued at about $30,000. Finally, Manchester Financial Inc. acquired a new position in Beeline during the 4th quarter valued at about $31,000. 0.58% of the stock is owned by institutional investors.
About Beeline
(
Get Free Report)
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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