Quadrature Capital Ltd Acquires New Shares in Better Home & Finance Holding Company $BETR

Quadrature Capital Ltd bought a new position in Better Home & Finance Holding Company (NASDAQ:BETR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,930 shares of the company’s stock, valued at approximately $173,000. Quadrature Capital Ltd owned approximately 0.09% of Better Home & Finance at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BETR. XTX Topco Ltd purchased a new stake in shares of Better Home & Finance during the second quarter valued at $197,000. JPMorgan Chase & Co. purchased a new position in shares of Better Home & Finance during the second quarter valued at about $29,000. Geode Capital Management LLC increased its position in Better Home & Finance by 90.6% in the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock worth $1,609,000 after purchasing an additional 61,740 shares during the last quarter. Daymark Wealth Partners LLC purchased a new stake in Better Home & Finance during the second quarter valued at approximately $293,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Better Home & Finance by 3.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after acquiring an additional 8,924 shares during the last quarter. 20.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BETR shares. Wall Street Zen downgraded Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Northland Securities began coverage on Better Home & Finance in a research report on Monday, October 6th. They set a “market perform” rating on the stock. Northland Capmk upgraded shares of Better Home & Finance to a “hold” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce”.

Insider Activity at Better Home & Finance

In other Better Home & Finance news, major shareholder Pbra, Llc sold 995,660 shares of Better Home & Finance stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $50.31, for a total value of $50,091,654.60. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO J. Calamari Nicholas sold 4,890 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $59.28, for a total transaction of $289,879.20. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,013,078 shares of company stock worth $51,124,194. Corporate insiders own 23.59% of the company’s stock.

Better Home & Finance Price Performance

BETR opened at $49.95 on Friday. The firm has a market capitalization of $784.22 million, a price-to-earnings ratio of -4.10 and a beta of 1.95. The company’s 50 day simple moving average is $59.34 and its two-hundred day simple moving average is $32.35. Better Home & Finance Holding Company has a 1-year low of $7.71 and a 1-year high of $94.06.

About Better Home & Finance

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.