Vishal Garg Buys 6,583 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETRGet Free Report) CEO Vishal Garg acquired 6,583 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of $30.00 per share, for a total transaction of $197,490.00. Following the acquisition, the chief executive officer owned 71,460 shares of the company’s stock, valued at approximately $2,143,800. The trade was a 10.15% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vishal Garg also recently made the following trade(s):

  • On Wednesday, April 8th, Vishal Garg acquired 10,000 shares of Better Home & Finance stock. The shares were purchased at an average cost of $35.05 per share, for a total transaction of $350,500.00.
  • On Wednesday, March 25th, Vishal Garg acquired 2,217 shares of Better Home & Finance stock. The shares were purchased at an average cost of $29.90 per share, for a total transaction of $66,288.30.
  • On Monday, March 23rd, Vishal Garg acquired 10,600 shares of Better Home & Finance stock. The shares were purchased at an average cost of $29.49 per share, for a total transaction of $312,594.00.

Better Home & Finance Stock Performance

Shares of BETR stock opened at $30.07 on Friday. The stock’s 50-day moving average is $35.94 and its two-hundred day moving average is $41.05. The firm has a market cap of $494.65 million, a price-to-earnings ratio of -2.55 and a beta of 1.83. Better Home & Finance Holding Company has a 1 year low of $10.81 and a 1 year high of $94.06.

Institutional Investors Weigh In On Better Home & Finance

Several hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC acquired a new stake in shares of Better Home & Finance during the third quarter worth about $29,000. Bank of New York Mellon Corp boosted its stake in shares of Better Home & Finance by 4.1% during the first quarter. Bank of New York Mellon Corp now owns 13,890 shares of the company’s stock worth $495,000 after buying an additional 548 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Better Home & Finance during the third quarter worth about $31,000. Solstein Capital LLC boosted its stake in shares of Better Home & Finance by 42.6% during the third quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock worth $124,000 after buying an additional 661 shares during the period. Finally, CWM LLC acquired a new stake in shares of Better Home & Finance during the third quarter worth about $42,000. Institutional investors and hedge funds own 20.94% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Needham & Company LLC assumed coverage on Better Home & Finance in a report on Monday, May 4th. They set a “buy” rating and a $53.00 price objective on the stock. Finally, Wall Street Zen downgraded shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.50.

View Our Latest Stock Analysis on BETR

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Better Home & Finance Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Better Home & Finance (NASDAQ:BETR)

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