Insider Selling: Better Home & Finance (NASDAQ:BETR) General Counsel Sells 8,000 Shares of Stock

Better Home & Finance Holding Company (NASDAQ:BETR) General Counsel Paula Tuffin sold 8,000 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $46.56, for a total value of $372,480.00. Following the sale, the general counsel owned 32,344 shares of the company’s stock, valued at $1,505,936.64. This trade represents a 19.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Better Home & Finance Price Performance

Shares of Better Home & Finance stock traded down $2.15 during midday trading on Monday, hitting $39.62. 610,408 shares of the company were exchanged, compared to its average volume of 309,147. Better Home & Finance Holding Company has a 52 week low of $7.71 and a 52 week high of $94.06. The firm has a 50 day simple moving average of $58.11 and a 200-day simple moving average of $34.03. The firm has a market cap of $622.03 million, a P/E ratio of -3.25 and a beta of 1.96.

Institutional Investors Weigh In On Better Home & Finance

Institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired 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 third quarter valued at $31,000. Solstein Capital LLC boosted its holdings in Better Home & Finance by 42.6% in the 3rd quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock valued at $124,000 after purchasing an additional 661 shares during the period. CWM LLC purchased a new stake in Better Home & Finance in the third quarter valued at approximately $42,000. Finally, BNP Paribas Financial Markets grew its stake in Better Home & Finance by 15.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company’s stock worth $378,000 after buying an additional 894 shares in the last quarter. 20.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BETR has been the subject of several analyst reports. Wall Street Zen lowered Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Northland Securities assumed coverage on Better Home & Finance in a research note on Monday, October 6th. They set a “market perform” rating for the company. Northland Capmk raised shares of Better Home & Finance to a “hold” rating in a research report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Better Home & Finance presently has an average rating of “Reduce”.

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.