Beeline (NASDAQ:BLNE) CEO Buys $94,132.00 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNEGet Free Report) CEO Nicholas Reyland Liuzza, Jr. acquired 93,200 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $1.01 per share, for a total transaction of $94,132.00. Following the transaction, the chief executive officer directly owned 5,006,799 shares of the company’s stock, valued at $5,056,866.99. This represents a 1.90% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Beeline Stock Performance

NASDAQ:BLNE opened at $0.99 on Thursday. The firm has a market capitalization of $32.29 million, a price-to-earnings ratio of -2.02 and a beta of 1.31. Beeline Holdings, Inc. has a 52-week low of $0.76 and a 52-week high of $4.65. The stock has a fifty day moving average of $1.02 and a 200 day moving average of $1.55.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Beeline in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Get Our Latest Analysis on BLNE

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BLNE. Blue Owl Capital Holdings LP purchased a new position in Beeline in the 4th quarter worth $223,000. Citizens Financial Group Inc. RI purchased a new stake in Beeline during the first quarter valued at about $217,000. Intrua Financial LLC bought a new position in shares of Beeline during the first quarter valued at about $69,000. Relyea Zuckerberg Hanson LLC grew its stake in shares of Beeline by 185.7% during the first quarter. Relyea Zuckerberg Hanson LLC now owns 40,000 shares of the company’s stock valued at $94,000 after buying an additional 26,000 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Beeline by 10,007.5% in the first quarter. Bank of America Corp DE now owns 21,630 shares of the company’s stock worth $51,000 after buying an additional 21,416 shares during the period. 0.58% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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

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