Key Points
- CEO Nicholas Reyland Liuzza, Jr. bought 93,200 Beeline shares at an average price of $1.01, investing $94,132 and increasing his direct ownership by 1.90% to 5,006,799 shares.
- Beeline reported a quarterly loss of $0.13 per share on $3.56 million in revenue, with a negative net margin of 212.25%; analysts expect a full-year loss of $0.01 per share.
- BLNE opened at $1.08, well below its 52-week high of $4.65. Institutional ownership remains very low at 0.58%, while analyst opinions are mixed despite a consensus “Moderate Buy” rating.
Beeline Holdings, Inc. (NASDAQ:BLNE - Get Free Report) CEO Nicholas Reyland Liuzza, Jr. bought 22,500 shares of the business's stock in a transaction that occurred on Wednesday, September 9th. The shares were bought at an average price of $1.04 per share, with a total value of $23,400.00. Following the completion of the purchase, the chief executive officer owned 4,913,599 shares in the company, valued at approximately $5,110,142.96. The trade was a 0.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Beeline Price Performance
Shares of Beeline stock opened at $1.08 on Tuesday. Beeline Holdings, Inc. has a fifty-two week low of $0.76 and a fifty-two week high of $4.65. The firm has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $1.58. The company has a market cap of $35.23 million, a PE ratio of -2.20 and a beta of 1.31.
Beeline (NASDAQ:BLNE - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. The company 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%. Analysts expect that Beeline Holdings, Inc. will post -0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Manchester Financial Inc. bought a new position in shares of Beeline during the fourth quarter valued at $31,000. Bank of America Corp DE grew its holdings in shares of Beeline by 10,007.5% in the 1st quarter. Bank of America Corp DE now owns 21,630 shares of the company's stock worth $51,000 after purchasing an additional 21,416 shares during the last quarter. Intrua Financial LLC acquired a new stake in shares of Beeline during the 1st quarter worth about $69,000. Waddell & Associates LLC increased its position in shares of Beeline by 55.0% during the 4th quarter. Waddell & Associates LLC now owns 31,000 shares of the company's stock worth $53,000 after purchasing an additional 11,000 shares in the last quarter. Finally, Engineers Gate Manager LP lifted its holdings in Beeline by 69.0% during the 2nd quarter. Engineers Gate Manager LP now owns 33,042 shares of the company's stock valued at $40,000 after purchasing an additional 13,491 shares during the last quarter. 0.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Beeline in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".
Read Our Latest Analysis on Beeline
Beeline Company Profile
(
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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