Better Home & Finance (NASDAQ:BETR) COO Sells $76,496.60 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 2,567 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $29.80, for a total transaction of $76,496.60. Following the completion of the transaction, the chief operating officer owned 20,949 shares in the company, valued at $624,280.20. This trade represents a 10.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Better Home & Finance Trading Up 1.8%

Shares of NASDAQ BETR opened at $28.99 on Friday. Better Home & Finance Holding Company has a 12-month low of $9.50 and a 12-month high of $94.06. The firm has a market capitalization of $455.14 million, a price-to-earnings ratio of -2.68 and a beta of 1.98. The firm has a 50 day moving average of $31.89 and a 200 day moving average of $42.64.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BETR. Weiss Ratings reissued 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 research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $40.00.

Institutional Investors Weigh In On Better Home & Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gratia Capital LLC purchased a new position in Better Home & Finance during the second quarter valued at approximately $1,797,000. Jump Financial LLC purchased a new stake in shares of Better Home & Finance in the fourth quarter worth $2,457,000. Goldman Sachs Group Inc. raised its position in shares of Better Home & Finance by 1,465.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 73,685 shares of the company’s stock valued at $2,401,000 after purchasing an additional 68,977 shares during the period. Geode Capital Management LLC raised its position in shares of Better Home & Finance by 90.6% during the 2nd quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock valued at $1,609,000 after purchasing an additional 61,740 shares during the period. Finally, Comerica Bank purchased a new position in shares of Better Home & Finance during the 4th quarter valued at $1,819,000. Institutional investors own 20.94% of the company’s stock.

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.