Beeline (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. Purchases 22,500 Shares of Stock

Beeline Holdings, Inc. (NASDAQ:BLNEGet Free Report) CEO Nicholas Reyland Liuzza, Jr. purchased 22,500 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average price of $1.04 per share, for a total transaction of $23,400.00. Following the purchase, the chief executive officer owned 4,913,599 shares in the company, valued at $5,110,142.96. The trade was a 0.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Beeline Trading Up 4.9%

Beeline stock opened at $1.08 on Tuesday. Beeline Holdings, Inc. has a 1-year low of $0.76 and a 1-year high of $4.65. The firm’s fifty day simple moving average is $1.02 and its 200-day simple moving average is $1.58. The company has a market capitalization of $35.23 million, a P/E ratio of -2.20 and a beta of 1.31.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Beeline in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on BLNE

Institutional Investors Weigh In On Beeline

Hedge funds and other institutional investors have recently made changes to their positions in the business. Engineers Gate Manager LP increased its stake in shares of Beeline by 69.0% in the second quarter. Engineers Gate Manager LP now owns 33,042 shares of the company’s stock worth $40,000 after purchasing an additional 13,491 shares during the period. Bank of America Corp DE boosted its stake in Beeline by 10,007.5% during the 1st quarter. Bank of America Corp DE now owns 21,630 shares of the company’s stock valued at $51,000 after purchasing an additional 21,416 shares during the period. Citizens Financial Group Inc. RI acquired a new stake in Beeline in the 1st quarter valued at approximately $217,000. Relyea Zuckerberg Hanson LLC grew its holdings in Beeline by 185.7% in the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 40,000 shares of the company’s stock valued at $94,000 after buying an additional 26,000 shares during the last quarter. Finally, Intrua Financial LLC bought a new position in Beeline in the 1st quarter worth approximately $69,000. 0.58% of the stock is owned by institutional investors and hedge funds.

About Beeline

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Beeline (NASDAQ:BLNE)

Receive News & Ratings for Beeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beeline and related companies with MarketBeat.com's FREE daily email newsletter.