Beeline (NASDAQ:BLNE) CEO Buys $240,100.00 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. acquired 245,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was acquired at an average price of $0.98 per share, with a total value of $240,100.00. Following the acquisition, the chief executive officer owned 4,795,099 shares in the company, valued at approximately $4,699,197.02. This trade represents a 5.38% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Beeline Stock Performance

Shares of BLNE stock opened at $1.07 on Thursday. Beeline Holdings, Inc. has a fifty-two week low of $0.76 and a fifty-two week high of $4.65. The firm has a market cap of $34.90 million, a P/E ratio of -2.18 and a beta of 1.31. The business’s 50 day moving average price is $1.04 and its 200-day moving average price is $1.68.

Beeline (NASDAQ:BLNE) last announced its earnings results on Friday, August 14th. The company reported ($0.13) EPS for the quarter. Beeline had a negative net margin of 212.25% and a negative return on equity of 41.07%. The business had revenue of $3.56 million for the quarter. As a group, equities analysts predict that Beeline Holdings, Inc. will post -0.01 EPS for the current year.

Hedge Funds Weigh In On Beeline

Several institutional investors and hedge funds have recently added to or reduced their stakes in BLNE. Waddell & Associates LLC lifted its position in Beeline by 55.0% during the 4th quarter. Waddell & Associates LLC now owns 31,000 shares of the company’s stock valued at $53,000 after acquiring an additional 11,000 shares during the period. Centiva Capital LP purchased a new stake in Beeline in the third quarter worth about $46,000. LPL Financial LLC bought a new position in shares of Beeline during the fourth quarter valued at approximately $29,000. Virtu Financial LLC bought a new position in shares of Beeline during the fourth quarter valued at approximately $30,000. Finally, Manchester Financial Inc. purchased a new position in shares of Beeline during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 0.58% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BLNE shares. Weiss Ratings cut shares of Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. Wall Street Zen downgraded shares of Beeline from a “hold” rating to a “sell” rating in a research note on Sunday, May 17th. Finally, LADENBURG THALM/SH SH upgraded shares of Beeline to a “strong-buy” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Beeline currently has a consensus rating of “Moderate Buy”.

Beeline Company Profile

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.