Beeline (NASDAQ:BLNE) CEO Acquires $14,700.00 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNEGet Free Report) CEO Nicholas Reyland Liuzza, Jr. acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average cost of $0.98 per share, for a total transaction of $14,700.00. Following the completion of the acquisition, the chief executive officer directly owned 4,545,099 shares of the company’s stock, valued at approximately $4,454,197.02. This trade represents a 0.33% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

Beeline Stock Up 1.1%

Shares of NASDAQ:BLNE traded up $0.01 during trading on Monday, hitting $0.99. The stock had a trading volume of 1,654,811 shares, compared to its average volume of 678,919. Beeline Holdings, Inc. has a 12-month low of $0.76 and a 12-month high of $4.65. The stock has a market capitalization of $32.46 million, a price-to-earnings ratio of -2.03 and a beta of 1.25. The stock has a 50-day simple moving average of $1.05 and a two-hundred day simple moving average of $1.72.

Beeline (NASDAQ:BLNEGet Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.13) EPS for the quarter. Beeline had a negative net margin of 212.25% and a negative return on equity of 41.07%. The firm had revenue of $3.56 million during the quarter. As a group, sell-side analysts forecast that Beeline Holdings, Inc. will post -0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on BLNE. Wall Street Zen downgraded shares of Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. LADENBURG THALM/SH SH upgraded shares of Beeline to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Get Our Latest Analysis on Beeline

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. LPL Financial LLC acquired a new stake in shares of Beeline during the 4th quarter worth approximately $29,000. Virtu Financial LLC acquired a new position in shares of Beeline in the 4th quarter valued at $30,000. Manchester Financial Inc. purchased a new stake in Beeline during the fourth quarter worth $31,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Beeline during the fourth quarter worth $32,000. Finally, HRT Financial LP acquired a new stake in Beeline during the fourth quarter valued at $34,000. 0.58% of the stock is owned by institutional investors and hedge funds.

About Beeline

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Beeline (NASDAQ:BLNE)

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