Better Home & Finance (NASDAQ:BETR) Director Hugh Frater Buys 5,150 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) Director Hugh Frater bought 5,150 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were bought at an average price of $24.34 per share, for a total transaction of $125,351.00. Following the transaction, the director directly owned 6,326 shares in the company, valued at $153,974.84. This trade represents a 437.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Better Home & Finance Price Performance

Shares of BETR stock traded up $0.37 on Thursday, reaching $24.10. 418,297 shares of the company were exchanged, compared to its average volume of 366,007. The company has a 50-day moving average of $33.15 and a 200-day moving average of $34.31. Better Home & Finance Holding Company has a one year low of $11.90 and a one year high of $94.06.

Analyst Upgrades and Downgrades

BETR has been the topic of a number of research reports. Needham & Company LLC initiated coverage on Better Home & Finance in a research report on Monday, May 4th. They set a “buy” rating and a $53.00 target price on the stock. Wall Street Zen lowered Better Home & Finance from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Better Home & Finance in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position 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 during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Better Home & Finance by 3.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after purchasing an additional 8,924 shares during the period. Geode Capital Management LLC raised its stake in shares of Better Home & Finance by 8.6% during the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock worth $4,927,000 after purchasing an additional 11,922 shares during the period. State Street Corp raised its stake in shares of Better Home & Finance by 14.2% during the 4th quarter. State Street Corp now owns 116,597 shares of the company’s stock worth $3,799,000 after purchasing an additional 14,540 shares during the period. Finally, Marshall Wace LLP raised its position in Better Home & Finance by 151.6% in the second quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock worth $1,113,000 after acquiring an additional 54,113 shares during the period. Hedge funds and other 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.