Insider Selling: Better Home & Finance (NASDAQ:BETR) General Counsel Sells $229,876.06 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) General Counsel Paula Tuffin sold 8,018 shares of Better Home & Finance stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $28.67, for a total transaction of $229,876.06. Following the sale, the general counsel owned 42,487 shares in the company, valued at approximately $1,218,102.29. This represents a 15.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, January 12th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The shares were sold at an average price of $38.55, for a total transaction of $308,400.00.
• On Thursday, December 11th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The shares were sold at an average price of $46.56, for a total transaction of $372,480.00.

Better Home & Finance Stock Performance

Shares of NASDAQ:BETR opened at $31.36 on Monday. Better Home & Finance Holding Company has a 52 week low of $8.90 and a 52 week high of $94.06. The firm has a market cap of $492.35 million, a PE ratio of -2.57 and a beta of 1.99. The firm’s fifty day moving average is $34.60 and its 200-day moving average is $40.37.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC acquired a new stake in Better Home & Finance during the third quarter worth approximately $29,000. JPMorgan Chase & Co. bought a new position in shares of Better Home & Finance during the 2nd quarter worth approximately $29,000. Russell Investments Group Ltd. acquired a new stake in shares of Better Home & Finance during the 3rd quarter worth approximately $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Better Home & Finance in the 2nd quarter valued at $33,000. Finally, CWM LLC bought a new stake in shares of Better Home & Finance in the 3rd quarter valued at $42,000. 20.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BETR. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $40.00.

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.