Insider Buying: Better Home & Finance (NASDAQ:BETR) CEO Acquires $312,594.00 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) CEO Vishal Garg acquired 10,600 shares of Better Home & Finance stock in a transaction dated Monday, March 23rd. The shares were purchased at an average price of $29.49 per share, for a total transaction of $312,594.00. Following the completion of the transaction, the chief executive officer directly owned 42,060 shares in the company, valued at approximately $1,240,349.40. The trade was a 33.69% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, March 25th, Vishal Garg bought 2,217 shares of Better Home & Finance stock. The stock was purchased at an average price of $29.90 per share, with a total value of $66,288.30.

Better Home & Finance Price Performance

Shares of BETR opened at $30.66 on Friday. Better Home & Finance Holding Company has a 1 year low of $9.50 and a 1 year high of $94.06. The stock has a 50 day simple moving average of $30.99 and a two-hundred day simple moving average of $42.93. The firm has a market cap of $504.36 million, a P/E ratio of -2.84 and a beta of 1.98.

Hedge Funds Weigh In On Better Home & Finance

Several institutional investors and hedge funds have recently bought and sold shares of BETR. FNY Investment Advisers LLC bought a new stake in Better Home & Finance in the third quarter valued at approximately $29,000. Russell Investments Group Ltd. bought a new position in shares of Better Home & Finance in the third quarter worth approximately $31,000. Solstein Capital LLC grew its holdings in shares of Better Home & Finance by 42.6% in the third quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock worth $124,000 after purchasing an additional 661 shares during the last quarter. CWM LLC purchased a new position in shares of Better Home & Finance in the third quarter worth $42,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Better Home & Finance by 15.3% in the third quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company’s stock worth $378,000 after buying an additional 894 shares during the period. 20.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BETR shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a research note on Wednesday, January 21st. Cantor Fitzgerald upgraded shares of Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $40.00.

About Better Home & Finance

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.