Insider Buying: Beeline (NASDAQ:BLNE) CEO Purchases $34,517.60 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. acquired 33,190 shares of the business’s stock in a transaction on Friday, September 11th. The shares were purchased at an average price of $1.04 per share, for a total transaction of $34,517.60. Following the transaction, the chief executive officer directly owned 5,039,989 shares of the company’s stock, valued at approximately $5,241,588.56. The trade was a 0.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Beeline Trading Down 7.5%

BLNE stock opened at $0.99 on Thursday. The stock has a market cap of $32.29 million, a PE ratio of -2.02 and a beta of 1.31. Beeline Holdings, Inc. has a 12 month low of $0.76 and a 12 month high of $4.65. The company has a 50-day moving average price of $1.02 and a 200 day moving average price of $1.55.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Beeline in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Hedge Funds Weigh In On Beeline

Hedge funds and other institutional investors have recently made changes to their positions in the company. Manchester Financial Inc. bought a new stake in shares of Beeline in the fourth quarter valued at about $31,000. Engineers Gate Manager LP raised its holdings in shares of Beeline by 69.0% in the 2nd quarter. Engineers Gate Manager LP now owns 33,042 shares of the company’s stock valued at $40,000 after purchasing an additional 13,491 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Beeline by 10,007.5% in 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 in the last quarter. Waddell & Associates LLC lifted its position in shares of Beeline by 55.0% in the 4th quarter. Waddell & Associates LLC now owns 31,000 shares of the company’s stock worth $53,000 after purchasing an additional 11,000 shares during the period. Finally, Intrua Financial LLC bought a new position in shares of Beeline during the first quarter valued at approximately $69,000. 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.