Better Home & Finance (NASDAQ:BETR) COO Chad Smith Sells 3,097 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) COO Chad Smith sold 3,097 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $27.06, for a total value of $83,804.82. Following the transaction, the chief operating officer directly owned 18,493 shares of the company’s stock, valued at approximately $500,420.58. The trade was a 14.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Better Home & Finance Stock Performance

BETR opened at $27.84 on Wednesday. The company has a market capitalization of $437.09 million, a PE ratio of -2.28 and a beta of 1.99. The stock’s fifty day moving average is $37.49 and its 200-day moving average is $39.57. Better Home & Finance Holding Company has a one year low of $8.90 and a one year high of $94.06.

Institutional Investors Weigh In On Better Home & Finance

A number of large investors have recently made changes to their positions in the company. Gratia Capital LLC purchased a new stake in shares of Better Home & Finance during the second quarter worth $1,797,000. Daymark Wealth Partners LLC acquired a new position in Better Home & Finance in the 2nd quarter worth about $293,000. Quadrature Capital Ltd purchased a new stake in shares of Better Home & Finance during the 2nd quarter worth about $173,000. Comerica Bank acquired a new stake in shares of Better Home & Finance during the 4th quarter valued at about $1,819,000. Finally, UBS Group AG grew its stake in shares of Better Home & Finance by 49.7% in the 4th quarter. UBS Group AG now owns 82,409 shares of the company’s stock valued at $2,685,000 after buying an additional 27,356 shares in the last quarter. Institutional investors and hedge funds own 20.94% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Cantor Fitzgerald raised shares of Better Home & Finance to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $40.00.

Better Home & Finance Company Profile

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.