Loveen Advani Purchases 400 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) CFO Loveen Advani acquired 400 shares of Better Home & Finance stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $30.55 per share, with a total value of $12,220.00. Following the completion of the purchase, the chief financial officer owned 510 shares in the company, valued at $15,580.50. This represents a 363.64% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Loveen Advani also recently made the following trade(s):

• On Monday, May 11th, Loveen Advani bought 100 shares of Better Home & Finance stock. The stock was purchased at an average price of $31.25 per share, for a total transaction of $3,125.00.
• On Wednesday, April 8th, Loveen Advani purchased 10 shares of Better Home & Finance stock. The shares were purchased at an average price of $35.50 per share, for a total transaction of $355.00.

Better Home & Finance Stock Up 0.3%

Shares of BETR opened at $29.10 on Friday. The company has a market capitalization of $478.70 million, a P/E ratio of -2.47 and a beta of 1.83. The firm has a 50 day moving average of $35.63 and a 200 day moving average of $39.37. Better Home & Finance Holding Company has a twelve month low of $10.81 and a twelve month high of $94.06.

Institutional Investors Weigh In On Better Home & Finance

A number of large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC bought a new position in shares of Better Home & Finance during the 3rd quarter valued at $29,000. Russell Investments Group Ltd. purchased a new position in shares of Better Home & Finance in the 3rd quarter worth $31,000. CWM LLC bought a new stake in shares of Better Home & Finance in the third quarter worth $42,000. Activest Wealth Management bought a new stake in shares of Better Home & Finance in the fourth quarter worth $59,000. Finally, Solstein Capital LLC increased its position in Better Home & Finance by 42.6% during the third quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock valued at $124,000 after acquiring an additional 661 shares during the last quarter. Institutional investors own 20.94% of the company’s stock.

Analyst Ratings Changes

BETR has been the subject of several recent analyst reports. Wall Street Zen cut Better Home & Finance from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. Needham & Company LLC initiated coverage on Better Home & Finance in a report on Monday, May 4th. They issued 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 report on Monday, April 20th. One investment 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. According to data from MarketBeat.com, Better Home & Finance has an average rating of “Moderate Buy” and an average price target of $46.50.

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.