Insider Selling: Better Home & Finance (NASDAQ:BETR) General Counsel Sells 8,018 Shares of Stock

Better Home & Finance Holding Company (NASDAQ:BETR) General Counsel Paula Tuffin sold 8,018 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $28.67, for a total value of $229,876.06. Following the completion of the sale, the general counsel owned 42,487 shares of the company’s stock, valued at approximately $1,218,102.29. The trade was a 15.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Paula Tuffin also recently made the following trade(s):

• On Monday, January 12th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The shares were sold at an average price of $38.55, for a total transaction of $308,400.00.
• On Thursday, December 11th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The stock was sold at an average price of $46.56, for a total value of $372,480.00.

Better Home & Finance Stock Performance

Shares of Better Home & Finance stock traded up $2.18 during trading hours on Friday, hitting $31.36. The company’s stock had a trading volume of 325,096 shares, compared to its average volume of 446,297. The stock has a market cap of $492.35 million, a price-to-earnings ratio of -2.57 and a beta of 1.99. Better Home & Finance Holding Company has a twelve month low of $8.90 and a twelve month high of $94.06. The firm has a fifty day moving average of $34.88 and a 200-day moving average of $39.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BETR. FNY Investment Advisers LLC acquired a new stake in Better Home & Finance in the 3rd quarter valued at about $29,000. Russell Investments Group Ltd. purchased a new stake in shares of Better Home & Finance during the third quarter worth approximately $31,000. Solstein Capital LLC raised its holdings in Better Home & Finance by 42.6% in the third quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock valued at $124,000 after acquiring an additional 661 shares in the last quarter. CWM LLC purchased a new position in Better Home & Finance in the third quarter worth approximately $42,000. Finally, BNP Paribas Financial Markets grew its holdings in Better Home & Finance by 15.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company’s stock worth $378,000 after acquiring an additional 894 shares in the last quarter. 20.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BETR. Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. Cantor Fitzgerald raised shares of Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. 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 company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $40.00.

About Better Home & Finance

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.