Beeline (NASDAQ:BLNE) CFO Christopher Moe Purchases 10,000 Shares

Beeline Holdings, Inc. (NASDAQ:BLNE) CFO Christopher Moe acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was purchased at an average cost of $1.04 per share, for a total transaction of $10,400.00. Following the completion of the acquisition, the chief financial officer directly owned 50,000 shares of the company’s stock, valued at approximately $52,000. This trade represents a 25.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

Beeline Stock Down 1.9%

Shares of NASDAQ:BLNE opened at $1.02 on Wednesday. Beeline Holdings, Inc. has a 52-week low of $0.62 and a 52-week high of $4.65. The stock has a market cap of $31.80 million, a price-to-earnings ratio of -0.15 and a beta of 1.36. The business has a 50-day moving average price of $2.19 and a 200-day moving average price of $2.33.

Beeline (NASDAQ:BLNE) last issued its earnings results on Tuesday, March 31st. The company reported ($0.14) EPS for the quarter. Beeline had a negative net margin of 234.55% and a negative return on equity of 39.90%. The firm had revenue of $2.36 million during the quarter. As a group, equities analysts anticipate that Beeline Holdings, Inc. will post -0.01 EPS for the current fiscal year.

Hedge Funds Weigh In On Beeline

Institutional investors have recently made changes to their positions in the company. AWM Investment Company Inc. purchased a new stake in Beeline during the fourth quarter worth $3,225,000. NewEdge Advisors LLC increased its holdings in Beeline by 2,932.2% in the third quarter. NewEdge Advisors LLC now owns 1,121,900 shares of the company’s stock valued at $4,443,000 after buying an additional 1,084,900 shares in the last quarter. Vanguard Group Inc. acquired a new position in shares of Beeline in the third quarter worth about $1,330,000. Geode Capital Management LLC boosted its stake in shares of Beeline by 71.4% during the 4th quarter. Geode Capital Management LLC now owns 254,603 shares of the company’s stock worth $438,000 after acquiring an additional 106,088 shares in the last quarter. Finally, Perkins Capital Management Inc. purchased a new stake in shares of Beeline during the 4th quarter worth about $421,000. 0.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. LADENBURG THALM/SH SH raised shares of Beeline to a “strong-buy” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beeline in a research report on Friday, March 27th. Finally, Wall Street Zen lowered Beeline from a “hold” rating to a “sell” rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Beeline 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.