Beeline (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza Jr Purchases 33,190 Shares of Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. purchased 33,190 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average price of $1.04 per share, for a total transaction of $34,517.60. Following the completion of the transaction, the chief executive officer owned 5,039,989 shares in the company, valued at $5,241,588.56. The trade was a 0.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Beeline Trading Up 3.4%

Shares of Beeline stock traded up $0.04 during trading on Monday, reaching $1.06. The company’s stock had a trading volume of 227,101 shares, compared to its average volume of 664,712. The stock has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $1.59. The stock has a market capitalization of $34.74 million, a P/E ratio of -2.17 and a beta of 1.31. Beeline Holdings, Inc. has a one year low of $0.76 and a one year high of $4.65.

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

Institutional Trading of Beeline

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Creative Planning acquired a new position in Beeline during the 2nd quarter valued at about $51,000. NewEdge Advisors LLC acquired a new stake in shares of Beeline during the 2nd quarter worth approximately $55,000. Vanguard Group Inc. acquired a new stake in shares of Beeline during the 3rd quarter worth approximately $1,330,000. Centiva Capital LP bought a new stake in shares of Beeline during the third quarter worth approximately $46,000. Finally, Scientech Research LLC bought a new stake in shares of Beeline during the third quarter worth approximately $89,000. 0.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Beeline in a report on Wednesday, September 2nd. Wall Street Zen downgraded Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Beeline presently 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.