Better Home & Finance (NASDAQ:BETR) COO Chad Smith Sells 6,000 Shares of Stock

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 6,000 shares of Better Home & Finance stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $30.07, for a total transaction of $180,420.00. Following the completion of the sale, the chief operating officer owned 15,590 shares of the company’s stock, valued at approximately $468,791.30. This trade represents a 27.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Better Home & Finance Price Performance

NASDAQ BETR opened at $31.90 on Thursday. The company has a market capitalization of $500.83 million, a price-to-earnings ratio of -2.62 and a beta of 1.99. Better Home & Finance Holding Company has a 12 month low of $8.90 and a 12 month high of $94.06. The company’s fifty day moving average price is $33.59 and its two-hundred day moving average price is $40.57.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BETR shares. Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Better Home & Finance currently has a consensus rating of “Hold” and a consensus target price of $40.00.

Hedge Funds Weigh In On Better Home & Finance

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Better Home & Finance by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock valued at $22,394,000 after purchasing an additional 6,374 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Better Home & Finance by 3.1% during the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after buying an additional 8,924 shares during the period. Geode Capital Management LLC grew its holdings in Better Home & Finance by 8.6% in the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock worth $4,927,000 after buying an additional 11,922 shares in the last quarter. Gratia Capital LLC bought a new position in Better Home & Finance in the 2nd quarter worth approximately $1,797,000. Finally, State Street Corp increased its position in Better Home & Finance by 14.2% in the 4th quarter. State Street Corp now owns 116,597 shares of the company’s stock valued at $3,799,000 after acquiring an additional 14,540 shares during the period. Institutional investors own 20.94% of the company’s stock.

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.