Better Home & Finance (NASDAQ:BETR) COO Chad Smith Sells 6,000 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $30.07, for a total transaction of $180,420.00. Following the completion of the sale, the chief operating officer owned 15,590 shares of the company’s stock, valued at approximately $468,791.30. The trade was a 27.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Better Home & Finance Stock Up 2.1%

Shares of Better Home & Finance stock traded up $0.66 on Wednesday, hitting $31.90. 259,002 shares of the company traded hands, compared to its average volume of 381,849. Better Home & Finance Holding Company has a 12-month low of $8.90 and a 12-month high of $94.06. The company has a market cap of $500.83 million, a PE ratio of -2.62 and a beta of 1.99. The company has a 50-day moving average price of $33.59 and a 200 day moving average price of $40.57.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BETR shares. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $40.00.

Institutional Investors Weigh In On Better Home & Finance

A number of large investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new position in Better Home & Finance during the fourth quarter valued at approximately $450,000. AQR Capital Management LLC lifted its stake in shares of Better Home & Finance by 39.7% in the fourth quarter. AQR Capital Management LLC now owns 13,769 shares of the company’s stock worth $449,000 after buying an additional 3,913 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Better Home & Finance during the 4th quarter worth $2,457,000. California State Teachers Retirement System grew its stake in Better Home & Finance by 1,686.9% in the 4th quarter. California State Teachers Retirement System now owns 5,468 shares of the company’s stock valued at $178,000 after buying an additional 5,162 shares during the last quarter. Finally, Mangrove Partners IM LLC acquired a new position in Better Home & Finance in the 4th quarter valued at $623,000. Institutional investors own 20.94% of the company’s stock.

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.