Insider Buying: Better Home & Finance (NASDAQ:BETR) CEO Purchases $197,490.00 in Stock

Better Home & Finance Holding Company (NASDAQ:BETRGet Free Report) CEO Vishal Garg acquired 6,583 shares of Better Home & Finance stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $30.00 per share, with a total value of $197,490.00. Following the transaction, the chief executive officer directly owned 71,460 shares in the company, valued at approximately $2,143,800. This trade represents a 10.15% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vishal Garg also recently made the following trade(s):

  • On Wednesday, April 8th, Vishal Garg acquired 10,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $35.05 per share, with a total value of $350,500.00.
  • On Wednesday, March 25th, Vishal Garg acquired 2,217 shares of Better Home & Finance stock. The stock was purchased at an average price of $29.90 per share, with a total value of $66,288.30.
  • On Monday, March 23rd, Vishal Garg acquired 10,600 shares of Better Home & Finance stock. The stock was purchased at an average price of $29.49 per share, with a total value of $312,594.00.

Better Home & Finance Trading Down 1.5%

Shares of BETR stock opened at $30.07 on Friday. The stock has a 50 day moving average of $35.94 and a two-hundred day moving average of $41.05. Better Home & Finance Holding Company has a 12 month low of $10.81 and a 12 month high of $94.06. The company has a market capitalization of $494.65 million, a P/E ratio of -2.55 and a beta of 1.83.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BETR. Needham & Company LLC began coverage on Better Home & Finance in a research report on Monday, May 4th. They issued a “buy” rating and a $53.00 price objective for the company. Wall Street Zen downgraded Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Monday, April 20th. Finally, Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Check Out Our Latest Stock Report on Better Home & Finance

Hedge Funds Weigh In On Better Home & Finance

Several institutional investors have recently bought and sold shares of the business. Comerica Bank acquired a new stake in shares of Better Home & Finance in the 4th quarter valued at $1,819,000. Penserra Capital Management LLC acquired a new stake in shares of Better Home & Finance in the 3rd quarter valued at $1,647,000. CWM LLC acquired a new stake in shares of Better Home & Finance in the 3rd quarter valued at $42,000. JPMorgan Chase & Co. acquired a new stake in shares of Better Home & Finance in the 2nd quarter valued at $29,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Better Home & Finance by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 13,890 shares of the company’s stock valued at $495,000 after buying an additional 548 shares during the period. Institutional investors own 20.94% of the company’s stock.

Key Better Home & Finance News

Here are the key news stories impacting Better Home & Finance this week:

About Better Home & Finance

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Better Home & Finance (NASDAQ:BETR)

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