Nicholas Reyland Liuzza, Jr. Acquires 245,000 Shares of Beeline (NASDAQ:BLNE) Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. purchased 245,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were acquired at an average price of $0.98 per share, with a total value of $240,100.00. Following the completion of the acquisition, the chief executive officer owned 4,795,099 shares in the company, valued at approximately $4,699,197.02. This trade represents a 5.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Beeline Trading Up 5.5%

BLNE stock opened at $1.05 on Wednesday. The firm has a market cap of $34.25 million, a PE ratio of -2.14 and a beta of 1.31. The stock has a 50-day moving average price of $1.04 and a 200-day moving average price of $1.69. Beeline Holdings, Inc. has a 1-year low of $0.76 and a 1-year high of $4.65.

Beeline (NASDAQ:BLNE) last announced 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 business had revenue of $3.56 million for the quarter. On average, analysts forecast that Beeline Holdings, Inc. will post -0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BLNE shares. Wall Street Zen cut Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. Weiss Ratings lowered shares of Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. Finally, LADENBURG THALM/SH SH upgraded shares of Beeline to a “strong-buy” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Beeline has an average rating of “Moderate Buy”.

Institutional Trading of Beeline

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AWM Investment Company Inc. acquired a new position in Beeline during the 4th quarter worth approximately $3,225,000. NewEdge Advisors LLC grew its stake in Beeline by 2,932.2% in the third quarter. NewEdge Advisors LLC now owns 1,121,900 shares of the company’s stock valued at $4,443,000 after acquiring an additional 1,084,900 shares during the period. Vanguard Group Inc. acquired a new stake in Beeline in the third quarter valued at approximately $1,330,000. Geode Capital Management LLC increased its holdings in shares of Beeline by 71.4% during the fourth quarter. Geode Capital Management LLC now owns 254,603 shares of the company’s stock valued at $438,000 after acquiring an additional 106,088 shares in the last quarter. Finally, Perkins Capital Management Inc. bought a new stake in shares of Beeline during the fourth quarter valued at approximately $421,000. 0.58% of the stock is owned by institutional investors.

Beeline Company Profile

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.