Beeline (NASDAQ:BLNE) CEO Purchases 96,000 Shares of Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. acquired 96,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was acquired at an average price of $1.03 per share, for a total transaction of $98,880.00. Following the transaction, the chief executive officer directly owned 4,891,099 shares of the company’s stock, valued at $5,037,831.97. This represents a 2.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Beeline Stock Up 5.5%

NASDAQ:BLNE traded up $0.06 during trading hours on Tuesday, hitting $1.05. 1,052,588 shares of the company’s stock traded hands, compared to its average volume of 682,371. Beeline Holdings, Inc. has a 52 week low of $0.76 and a 52 week high of $4.65. The business’s fifty day simple moving average is $1.04 and its two-hundred day simple moving average is $1.71. The firm has a market cap of $34.25 million, a P/E ratio of -2.14 and a beta of 1.25.

Beeline (NASDAQ:BLNE) last announced its earnings results on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter. Beeline had a negative return on equity of 41.07% and a negative net margin of 212.25%.The business had revenue of $3.56 million during the quarter. On average, analysts expect that Beeline Holdings, Inc. will post -0.01 EPS for the current year.

Hedge Funds Weigh In On Beeline

Institutional investors have recently modified their holdings of the company. LPL Financial LLC purchased a new position in shares of Beeline during the fourth quarter worth approximately $29,000. Virtu Financial LLC bought a new stake in shares of Beeline in the 4th quarter worth approximately $30,000. Manchester Financial Inc. purchased a new stake in shares of Beeline in the 4th quarter valued at $31,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in shares of Beeline in the 4th quarter valued at $32,000. Finally, HRT Financial LP bought a new position in shares of Beeline during the 4th quarter valued at $34,000. 0.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Beeline from a “hold” rating to a “sell” rating in a research note on Sunday, May 17th. Weiss Ratings cut shares of Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. Finally, LADENBURG THALM/SH SH raised shares of Beeline to a “strong-buy” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Beeline presently has an average rating of “Moderate Buy”.

Beeline Company Profile

Beeline Holdings, Inc is a mortgage fintech company that provides a digital, AI-powered lending and title platform designed to streamline the home loan process. Headquartered in Providence, Rhode Island, Beeline aims to make mortgages simpler and faster by combining technology with an end-to-end approach across origination and title services. The company focuses on improving efficiency and transparency for homebuyers and homeowners, supporting broader access to financial flexibility through property ownership.