Chad Smith Sells 2,455 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 2,455 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $30.16, for a total transaction of $74,042.80. Following the completion of the transaction, the chief operating officer directly owned 21,061 shares in the company, valued at $635,199.76. This trade represents a 10.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Better Home & Finance Trading Down 1.5%

NASDAQ BETR opened at $30.07 on Friday. Better Home & Finance Holding Company has a 1-year low of $10.81 and a 1-year high of $94.06. The company has a market capitalization of $494.65 million, a PE ratio of -2.55 and a beta of 1.83. The firm’s fifty day simple moving average is $35.94 and its 200-day simple moving average is $41.05.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Better Home & Finance by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock valued at $22,394,000 after buying an additional 6,374 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Better Home & Finance by 3.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock valued at $3,207,000 after buying an additional 8,924 shares during the last quarter. Geode Capital Management LLC grew its stake in Better Home & Finance by 8.6% in the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock valued at $4,927,000 after buying an additional 11,922 shares during the last quarter. State Street Corp grew its stake in Better Home & Finance by 14.2% in the 4th quarter. State Street Corp now owns 116,597 shares of the company’s stock valued at $3,799,000 after buying an additional 14,540 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in Better Home & Finance by 151.6% in the 2nd quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock valued at $1,113,000 after buying an additional 54,113 shares during the last quarter. 20.94% of the stock is owned by institutional investors.

Key Headlines Impacting Better Home & Finance

Here are the key news stories impacting Better Home & Finance this week:

• Positive Sentiment: CEO Vishal Garg bought 6,583 shares of BETR at $30.00 per share, signaling confidence in the company after the earnings release. The purchase increased his stake by about 10% and may help support investor sentiment. Vishal Garg Buys 6,583 Shares of Better Home & Finance (NASDAQ:BETR) Stock
• Neutral Sentiment: The company announced first-quarter 2026 results and showed some improvement versus last year, with a smaller per-share loss than the prior-year quarter, though results were still weak overall. Better Home & Finance Holding Company Announces First Quarter 2026 Results
• Negative Sentiment: BETR reported Q1 EPS of -$1.86, missing the Zacks consensus estimate of -$1.56, which reinforces concerns about profitability. Better Home & Finance Holding Company (BETR) Reports Q1 Loss, Tops Revenue Estimates
• Negative Sentiment: The company also provided second-quarter revenue guidance of $53 million to $56 million, below the $61.6 million consensus estimate, suggesting near-term sales may come in weaker than expected. Better Home & Finance Holding Company Announces First Quarter 2026 Results
• Negative Sentiment: A separate earnings report showed a much larger-than-expected quarterly loss of $4.29 per share versus the $1.77 consensus estimate, highlighting ongoing earnings volatility. Better Home & Finance posted earnings results
• Negative Sentiment: COO Chad M. Smith sold 2,455 shares at $30.16, which may add to concerns about insider selling even though the trade was made under a pre-arranged 10b5-1 plan. SEC Form 4 filing for Chad M. Smith

Analysts Set New Price Targets

Several brokerages have recently issued reports on BETR. Cantor Fitzgerald upgraded 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 research report on Monday, April 20th. Needham & Company LLC started coverage on shares of Better Home & Finance in a research report on Monday, May 4th. They set a “buy” rating and a $53.00 price objective on the stock. Finally, Wall Street Zen lowered shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

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.