Better Home & Finance (NASDAQ:BETR) Director Purchases $126,700.00 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar acquired 5,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $25.34 per share, with a total value of $126,700.00. Following the completion of the transaction, the director owned 44,698 shares in the company, valued at $1,132,647.32. This represents a 12.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Harit Talwar also recently made the following trade(s):

• On Friday, May 8th, Harit Talwar acquired 3,000 shares of Better Home & Finance stock. The shares were bought at an average price of $30.43 per share, with a total value of $91,290.00.
• On Thursday, April 9th, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The shares were bought at an average price of $32.89 per share, with a total value of $164,450.00.
• On Wednesday, April 8th, Harit Talwar purchased 1,000 shares of Better Home & Finance stock. The stock was acquired at an average price of $33.34 per share, with a total value of $33,340.00.
• On Thursday, April 2nd, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The stock was acquired at an average price of $35.24 per share, with a total value of $176,200.00.

Better Home & Finance Stock Performance

Shares of NASDAQ BETR opened at $28.29 on Friday. Better Home & Finance Holding Company has a 52-week low of $10.81 and a 52-week high of $94.06. The firm has a 50 day moving average price of $33.99 and a two-hundred day moving average price of $36.31. The stock has a market cap of $533.83 million, a P/E ratio of -2.40 and a beta of 1.83.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BETR shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Monday, April 20th. Wall Street Zen cut shares of Better Home & Finance from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. Finally, Needham & Company LLC started coverage on shares of Better Home & Finance in a research report on Monday, May 4th. They set a “buy” rating and a $53.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Comerica Bank bought a new stake in Better Home & Finance in the fourth quarter worth about $1,819,000. Penserra Capital Management LLC bought a new stake in Better Home & Finance in the third quarter worth about $1,647,000. UBS Group AG raised its position in Better Home & Finance by 49.7% in the fourth quarter. UBS Group AG now owns 82,409 shares of the company’s stock worth $2,685,000 after acquiring an additional 27,356 shares during the period. Activest Wealth Management bought a new stake in Better Home & Finance in the fourth quarter worth about $59,000. Finally, Quantinno Capital Management LP bought a new stake in Better Home & Finance in the first quarter worth about $505,000. 20.94% of the stock is owned by institutional investors.

Better Home & Finance Company Profile

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.