Insider Buying: Beeline (NASDAQ:BLNE) CEO Purchases $98,880.00 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. purchased 96,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average price of $1.03 per share, with a total value of $98,880.00. Following the completion of the transaction, the chief executive officer owned 4,891,099 shares of the company’s stock, valued at $5,037,831.97. This represents a 2.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Beeline Price Performance

Shares of NASDAQ:BLNE opened at $1.10 on Friday. The business’s 50 day simple moving average is $1.04 and its 200 day simple moving average is $1.67. Beeline Holdings, Inc. has a 1 year low of $0.76 and a 1 year high of $4.65. The company has a market capitalization of $35.88 million, a P/E ratio of -2.24 and a beta of 1.31.

Beeline (NASDAQ:BLNE) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $3.56 million during the quarter. Beeline had a negative net margin of 212.25% and a negative return on equity of 41.07%. On average, sell-side analysts anticipate that Beeline Holdings, Inc. will post -0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Citizens Financial Group Inc. RI acquired a new stake in shares of Beeline in the 1st quarter valued at approximately $217,000. Relyea Zuckerberg Hanson LLC increased its position in Beeline by 185.7% during the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 40,000 shares of the company’s stock worth $94,000 after purchasing an additional 26,000 shares in the last quarter. Virtu Financial LLC bought a new position in Beeline in the 4th quarter valued at approximately $30,000. Quadrature Capital Ltd bought a new position in Beeline in the 4th quarter valued at approximately $47,000. Finally, HRT Financial LP acquired a new stake in Beeline in the fourth quarter valued at approximately $34,000. Institutional investors own 0.58% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wall Street Zen lowered shares of Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. Weiss Ratings lowered shares of Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average 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.