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

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. acquired 96,000 shares of Beeline stock in a transaction dated Tuesday, September 1st. The shares were bought at an average cost of $1.03 per share, for a total transaction of $98,880.00. Following the completion of the purchase, the chief executive officer directly owned 4,891,099 shares of the company’s stock, valued at approximately $5,037,831.97. The trade was a 2.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Beeline Stock Up 5.5%

Shares of BLNE traded up $0.06 during trading hours on Tuesday, hitting $1.05. The company had a trading volume of 1,052,588 shares, compared to its average volume of 682,371. Beeline Holdings, Inc. has a 52-week low of $0.76 and a 52-week high of $4.65. The stock’s 50 day moving average price is $1.04 and its 200 day moving average price is $1.71. The firm has a market cap of $34.25 million, a P/E ratio of -2.14 and a beta of 1.25.

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

Wall Street Analysts Forecast Growth

BLNE has been the subject of a number of analyst reports. Weiss Ratings lowered Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. LADENBURG THALM/SH SH raised shares of Beeline to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Beeline

Several institutional investors and hedge funds have recently bought and sold shares of the business. Creative Planning bought a new stake in shares of Beeline in the 2nd quarter worth approximately $51,000. NewEdge Advisors LLC bought a new position in shares of Beeline during the second quarter valued at approximately $55,000. Vanguard Group Inc. purchased a new stake in Beeline in the third quarter worth $1,330,000. Centiva Capital LP purchased a new stake in Beeline in the third quarter worth $46,000. Finally, Scientech Research LLC purchased a new stake in Beeline in the third quarter worth $89,000. Hedge funds and other institutional investors own 0.58% of the company’s stock.

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.