Better Home & Finance (NASDAQ:BETR) CFO Loveen Advani Acquires 400 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) CFO Loveen Advani purchased 400 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $30.55 per share, for a total transaction of $12,220.00. Following the acquisition, the chief financial officer owned 510 shares of the company’s stock, valued at approximately $15,580.50. This represents a 363.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Loveen Advani also recently made the following trade(s):

• On Monday, May 11th, Loveen Advani bought 100 shares of Better Home & Finance stock. The stock was bought at an average price of $31.25 per share, for a total transaction of $3,125.00.
• On Wednesday, April 8th, Loveen Advani bought 10 shares of Better Home & Finance stock. The stock was bought at an average price of $35.50 per share, for a total transaction of $355.00.

Better Home & Finance Stock Down 4.5%

BETR stock opened at $29.00 on Thursday. Better Home & Finance Holding Company has a twelve month low of $10.81 and a twelve month high of $94.06. The stock’s 50 day moving average is $35.71 and its 200-day moving average is $39.73. The firm has a market capitalization of $477.05 million, a PE ratio of -2.46 and a beta of 1.83.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BETR shares. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Needham & Company LLC started coverage on Better Home & Finance in a report on Monday, May 4th. They issued a “buy” rating and a $53.00 target price on the stock. Wall Street Zen lowered Better Home & Finance from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. One 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 issued a Sell rating to the company. According to data from MarketBeat, Better Home & Finance currently has a consensus rating of “Moderate Buy” and an average target price of $46.50.

Institutional Trading of Better Home & Finance

A number of institutional investors and hedge funds have recently modified their holdings of BETR. Jump Financial LLC purchased a new stake in shares of Better Home & Finance during the fourth quarter valued at approximately $2,457,000. Goldman Sachs Group Inc. increased its position in shares of Better Home & Finance by 1,465.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 73,685 shares of the company’s stock valued at $2,401,000 after acquiring an additional 68,977 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Better Home & Finance by 90.6% during the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock valued at $1,609,000 after acquiring an additional 61,740 shares during the last quarter. Comerica Bank purchased a new stake in shares of Better Home & Finance during the fourth quarter valued at approximately $1,819,000. Finally, Marshall Wace LLP increased its position in shares of Better Home & Finance by 151.6% during the second quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock valued at $1,113,000 after acquiring an additional 54,113 shares during the last quarter. 20.94% of the stock is owned by hedge funds and other institutional investors.

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.