Harit Talwar Purchases 5,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar bought 5,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $25.34 per share, with a total value of $126,700.00. Following the transaction, the director owned 44,698 shares in the company, valued at approximately $1,132,647.32. The trade was a 12.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Harit Talwar also recently made the following trade(s):

• On Friday, May 8th, Harit Talwar purchased 3,000 shares of Better Home & Finance stock. The shares were purchased at an average price of $30.43 per share, with a total value of $91,290.00.
• On Thursday, April 9th, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $32.89 per share, for a total transaction of $164,450.00.
• On Wednesday, April 8th, Harit Talwar acquired 1,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $33.34 per share, with a total value of $33,340.00.
• On Thursday, April 2nd, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The shares were acquired at an average price of $35.24 per share, with a total value of $176,200.00.

Better Home & Finance Stock Up 1.7%

BETR opened at $26.91 on Thursday. The stock’s 50 day moving average price is $34.05 and its two-hundred day moving average price is $36.51. The firm has a market capitalization of $507.79 million, a P/E ratio of -2.29 and a beta of 1.83. Better Home & Finance Holding Company has a 12-month low of $10.81 and a 12-month high of $94.06.

Institutional Trading of Better Home & Finance

Institutional investors have recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Better Home & Finance in the third quarter valued at $29,000. JPMorgan Chase & Co. acquired a new stake in Better Home & Finance during the second quarter worth $29,000. Russell Investments Group Ltd. bought a new stake in Better Home & Finance in the 3rd quarter valued at $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Better Home & Finance in the 2nd quarter valued at $33,000. Finally, Activest Wealth Management acquired a new position in shares of Better Home & Finance in the 4th quarter valued at $59,000. Institutional investors and hedge funds own 20.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BETR. Wall Street Zen downgraded shares of Better Home & Finance from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Finally, Needham & Company LLC initiated coverage on shares of Better Home & Finance in a research report on Monday, May 4th. They issued a “buy” rating and a $53.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Better Home & Finance presently has a consensus rating of “Moderate Buy” and an average target price of $46.50.

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.