Insider Selling: Better Home & Finance (NASDAQ:BETR) COO Sells $83,804.82 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 3,097 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $27.06, for a total value of $83,804.82. Following the sale, the chief operating officer owned 18,493 shares of the company’s stock, valued at $500,420.58. This trade represents a 14.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Better Home & Finance Price Performance

BETR opened at $25.27 on Friday. The firm has a market capitalization of $396.74 million, a PE ratio of -2.07 and a beta of 1.99. The business’s 50-day moving average is $36.66 and its two-hundred day moving average is $39.39. Better Home & Finance Holding Company has a 1 year low of $8.90 and a 1 year high of $94.06.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on BETR shares. Cantor Fitzgerald raised shares of Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Wall Street Zen cut Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Better Home & Finance has a consensus rating of “Hold” and an average price target of $40.00.

Hedge Funds Weigh In On Better Home & Finance

Hedge funds have recently made changes to their positions in the company. Gratia Capital LLC purchased a new position in Better Home & Finance in the second quarter valued at $1,797,000. Daymark Wealth Partners LLC acquired a new position in shares of Better Home & Finance during the second quarter valued at approximately $293,000. Quadrature Capital Ltd acquired a new position in Better Home & Finance in the 2nd quarter valued at $173,000. Comerica Bank acquired a new stake in Better Home & Finance during the 4th quarter worth $1,819,000. Finally, UBS Group AG boosted its position in Better Home & Finance by 49.7% during the fourth quarter. UBS Group AG now owns 82,409 shares of the company’s stock worth $2,685,000 after acquiring an additional 27,356 shares during the last quarter. 20.94% of the stock is owned by institutional investors and hedge funds.

Better Home & Finance Company Profile

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.