Better Home & Finance (NASDAQ:BETR) Director Purchases $126,700.00 in Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar bought 5,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average price of $25.34 per share, with a total value of $126,700.00. Following the completion of the transaction, the director directly owned 44,698 shares of the company’s stock, valued at $1,132,647.32. This trade represents a 12.60% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Harit Talwar also recently made the following trade(s):

• On Friday, May 8th, Harit Talwar bought 3,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $30.43 per share, with a total value of $91,290.00.
• On Thursday, April 9th, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $32.89 per share, with a total value of $164,450.00.
• On Wednesday, April 8th, Harit Talwar bought 1,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $33.34 per share, with a total value of $33,340.00.
• On Thursday, April 2nd, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $35.24 per share, with a total value of $176,200.00.

Better Home & Finance Stock Up 3.4%

BETR traded up $0.86 during trading on Tuesday, reaching $26.47. The stock had a trading volume of 388,063 shares, compared to its average volume of 508,822. Better Home & Finance Holding Company has a 1-year low of $10.81 and a 1-year high of $94.06. The stock has a 50 day moving average of $34.25 and a two-hundred day moving average of $36.99. The firm has a market capitalization of $499.49 million, a price-to-earnings ratio of -2.25 and a beta of 1.83.

Wall Street Analyst Weigh In

BETR has been the subject of a number of recent 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 price objective for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Monday, April 20th. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Wall Street Zen downgraded Better Home & Finance from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.50.

Institutional Trading of Better Home & Finance

Hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new stake in shares of Better Home & Finance in the third quarter valued at $29,000. JPMorgan Chase & Co. purchased a new stake in shares of Better Home & Finance in the second quarter valued at $29,000. Russell Investments Group Ltd. purchased a new stake in shares of Better Home & Finance in the third quarter valued at $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Better Home & Finance in the second quarter valued at $33,000. Finally, Activest Wealth Management purchased a new stake in shares of Better Home & Finance in the fourth quarter valued at $59,000. Hedge funds and other institutional investors own 20.94% of the company’s stock.

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.