Better Home & Finance (NASDAQ:BETR) COO Chad Smith Sells 2,374 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 2,374 shares of Better Home & Finance stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $28.51, for a total transaction of $67,682.74. Following the transaction, the chief operating officer directly owned 18,575 shares of the company’s stock, valued at $529,573.25. This represents a 11.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Better Home & Finance Trading Up 8.8%

Shares of BETR opened at $31.22 on Wednesday. The firm’s fifty day simple moving average is $32.17 and its two-hundred day simple moving average is $42.83. Better Home & Finance Holding Company has a 12 month low of $9.50 and a 12 month high of $94.06. The stock has a market capitalization of $490.15 million, a P/E ratio of -2.89 and a beta of 1.98.

Institutional Investors Weigh In On Better Home & Finance

Hedge funds and other institutional investors have recently modified their holdings of the company. Alpine Global Management LLC acquired a new position in shares of Better Home & Finance during the fourth quarter worth approximately $456,000. Engineers Gate Manager LP bought a new position in shares of Better Home & Finance in the 4th quarter worth $450,000. AQR Capital Management LLC grew its position in Better Home & Finance by 39.7% in the 4th quarter. AQR Capital Management LLC now owns 13,769 shares of the company’s stock valued at $449,000 after purchasing an additional 3,913 shares during the period. Jump Financial LLC bought a new stake in Better Home & Finance during the 4th quarter valued at $2,457,000. Finally, California State Teachers Retirement System increased its stake in Better Home & Finance by 1,686.9% during the 4th 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 in the last quarter. Institutional investors own 20.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BETR. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. One 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 stock. Based on data from MarketBeat, Better Home & Finance currently has a consensus rating of “Hold” and an average target price of $40.00.

Better Home & Finance Company Profile

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.