Paula Tuffin Sells 8,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) General Counsel Paula Tuffin sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $38.55, for a total value of $308,400.00. Following the transaction, the general counsel owned 26,198 shares of the company’s stock, valued at $1,009,932.90. This represents a 23.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Paula Tuffin also recently made the following trade(s):

• On Thursday, December 11th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The stock was sold at an average price of $46.56, for a total value of $372,480.00.

Better Home & Finance Price Performance

Shares of NASDAQ BETR traded down $1.11 during midday trading on Wednesday, reaching $37.73. 489,195 shares of the stock traded hands, compared to its average volume of 530,131. The company’s 50 day moving average is $44.29 and its 200 day moving average is $37.61. Better Home & Finance Holding Company has a one year low of $7.76 and a one year high of $94.06. The stock has a market capitalization of $592.25 million, a PE ratio of -3.10 and a beta of 1.99.

Hedge Funds Weigh In On Better Home & Finance

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Better Home & Finance by 1.6% in the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock worth $22,394,000 after purchasing an additional 6,374 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Better Home & Finance by 3.1% during the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock valued at $3,207,000 after buying an additional 8,924 shares during the period. Gratia Capital LLC purchased a new position in shares of Better Home & Finance during the second quarter valued at $1,797,000. Geode Capital Management LLC raised its holdings in shares of Better Home & Finance by 90.6% in the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock valued at $1,609,000 after acquiring an additional 61,740 shares in the last quarter. Finally, Marshall Wace LLP increased its position in Better Home & Finance by 151.6% during the 2nd quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock valued at $1,113,000 after purchasing an additional 54,113 shares during the period. 20.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BETR shares. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a report on Wednesday, October 8th. Northland Securities began coverage on Better Home & Finance in a research note on Monday, October 6th. They set a “market perform” rating on the stock. Northland Capmk upgraded Better Home & Finance to a “hold” rating in a report on Monday, October 6th. Finally, Wall Street Zen cut shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

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.