Better Home & Finance (NASDAQ:BETR) Director Acquires $91,290.00 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average cost of $30.43 per share, for a total transaction of $91,290.00. Following the completion of the acquisition, the director directly owned 39,698 shares in the company, valued at $1,208,010.14. The trade was a 8.17% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Harit Talwar also recently made the following trade(s):

• On Thursday, April 9th, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $32.89 per share, for a total transaction of $164,450.00.
• On Wednesday, April 8th, Harit Talwar acquired 1,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $33.34 per share, for a total transaction of $33,340.00.
• On Thursday, April 2nd, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $35.24 per share, for a total transaction of $176,200.00.

Better Home & Finance Stock Performance

NASDAQ BETR traded up $0.98 during trading on Monday, hitting $31.05. 500,857 shares of the company’s stock traded hands, compared to its average volume of 513,363. The stock has a market capitalization of $510.77 million, a price-to-earnings ratio of -2.64 and a beta of 1.83. Better Home & Finance Holding Company has a 12-month low of $10.81 and a 12-month high of $94.06. The business has a 50 day moving average of $35.94 and a 200-day moving average of $41.05.

Analyst Upgrades and Downgrades

BETR has been the topic of several analyst reports. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. Wall Street Zen cut shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday. Needham & Company LLC started coverage on Better Home & Finance in a research note on Monday, May 4th. They set a “buy” rating and a $53.00 price objective for the company. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a research note on Monday, April 20th. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $46.50.

Institutional Trading of Better Home & Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Better Home & Finance by 1.6% in the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock worth $22,394,000 after acquiring an additional 6,374 shares during the period. Goldman Sachs Group Inc. lifted its stake in Better Home & Finance by 3.1% in the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after acquiring an additional 8,924 shares during the period. Geode Capital Management LLC lifted its stake in Better Home & Finance by 8.6% in the fourth quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock worth $4,927,000 after acquiring an additional 11,922 shares during the period. State Street Corp lifted its stake in Better Home & Finance by 14.2% in the fourth quarter. State Street Corp now owns 116,597 shares of the company’s stock worth $3,799,000 after acquiring an additional 14,540 shares during the period. Finally, Marshall Wace LLP raised its holdings in Better Home & Finance by 151.6% in the second quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock worth $1,113,000 after purchasing an additional 54,113 shares in the last quarter. Hedge funds and other institutional investors own 20.94% of the company’s stock.

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.