Better Home & Finance (NASDAQ:BETR) Director Harit Talwar Acquires 3,000 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar acquired 3,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was purchased at an average price of $30.43 per share, with a total value of $91,290.00. Following the acquisition, the director owned 39,698 shares of the company’s stock, valued at $1,208,010.14. This represents a 8.17% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Harit Talwar also recently made the following trade(s):

• On Thursday, April 9th, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The stock was bought at an average cost of $32.89 per share, with a total value of $164,450.00.
• On Wednesday, April 8th, Harit Talwar purchased 1,000 shares of Better Home & Finance stock. The stock was bought at an average cost of $33.34 per share, with a total value of $33,340.00.
• On Thursday, April 2nd, Harit Talwar purchased 5,000 shares of Better Home & Finance stock. The stock was bought at an average cost of $35.24 per share, with a total value of $176,200.00.

Better Home & Finance Price Performance

NASDAQ BETR traded up $0.98 during trading hours on Monday, hitting $31.05. The company’s stock had a trading volume of 500,857 shares, compared to its average volume of 513,363. Better Home & Finance Holding Company has a 12 month low of $10.81 and a 12 month high of $94.06. The company’s 50 day simple moving average is $35.94 and its two-hundred day simple moving average is $41.05. The company has a market cap of $510.77 million, a P/E ratio of -2.64 and a beta of 1.83.

Institutional Trading of Better Home & Finance

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Better Home & Finance by 1.6% in the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock worth $22,394,000 after purchasing an additional 6,374 shares during the period. Goldman Sachs Group Inc. increased its stake in Better Home & Finance by 3.1% in the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after purchasing an additional 8,924 shares during the period. Geode Capital Management LLC grew its position in shares of Better Home & Finance by 8.6% during the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock worth $4,927,000 after buying an additional 11,922 shares in the last quarter. State Street Corp grew its position in shares of Better Home & Finance by 14.2% during the 4th quarter. State Street Corp now owns 116,597 shares of the company’s stock worth $3,799,000 after buying an additional 14,540 shares in the last quarter. Finally, Marshall Wace LLP grew its position in shares of Better Home & Finance by 151.6% during the 2nd quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock worth $1,113,000 after buying an additional 54,113 shares in the last quarter. Hedge funds and other institutional investors own 20.94% of the company’s stock.

Wall Street Analyst Weigh In

BETR has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research note on Monday, April 20th. Needham & Company LLC started coverage on Better Home & Finance in a research report on Monday, May 4th. They set a “buy” rating and a $53.00 price objective on the stock. Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Wall Street Zen cut Better Home & Finance from a “hold” rating to a “sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.50.

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.