Better Home & Finance (NASDAQ:BETR) Director Bhaskar Menon Acquires 590 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) Director Bhaskar Menon acquired 590 shares of the business’s stock in a transaction on Wednesday, April 8th. The shares were bought at an average cost of $34.13 per share, with a total value of $20,136.70. Following the completion of the acquisition, the director owned 2,090 shares in the company, valued at approximately $71,331.70. This represents a 39.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Better Home & Finance Stock Performance

BETR traded down $9.83 during trading on Wednesday, reaching $35.01. 2,433,182 shares of the company traded hands, compared to its average volume of 450,462. Better Home & Finance Holding Company has a 12-month low of $9.80 and a 12-month high of $94.06. The firm has a fifty day simple moving average of $31.85 and a 200 day simple moving average of $43.67. The company has a market cap of $575.90 million, a P/E ratio of -3.24 and a beta of 1.91.

Hedge Funds Weigh In On Better Home & Finance

Institutional investors have recently bought and sold shares of the business. Gratia Capital LLC bought a new position in Better Home & Finance during the second quarter valued at $1,797,000. Penserra Capital Management LLC bought a new position in Better Home & Finance during the third quarter valued at $1,647,000. California State Teachers Retirement System lifted its position in Better Home & Finance by 1,686.9% during the fourth quarter. California State Teachers Retirement System now owns 5,468 shares of the company’s stock valued at $178,000 after purchasing an additional 5,162 shares during the last quarter. New York State Common Retirement Fund bought a new position in Better Home & Finance during the second quarter valued at $100,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Better Home & Finance during the second quarter valued at $33,000. Institutional investors own 20.94% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald raised shares of Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a report on Wednesday, January 21st. One investment 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price 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.