Beeline (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. Purchases 96,000 Shares of Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. purchased 96,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was bought at an average price of $1.03 per share, for a total transaction of $98,880.00. Following the completion of the transaction, the chief executive officer directly owned 4,891,099 shares of the company’s stock, valued at approximately $5,037,831.97. This trade represents a 2.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Beeline Stock Up 5.5%

Shares of BLNE stock opened at $1.05 on Wednesday. The company has a market capitalization of $34.25 million, a P/E ratio of -2.14 and a beta of 1.31. The firm has a 50-day moving average price of $1.04 and a 200 day moving average price of $1.69. Beeline Holdings, Inc. has a 12-month low of $0.76 and a 12-month high of $4.65.

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

Analyst Upgrades and Downgrades

BLNE has been the subject of a number of research reports. Weiss Ratings lowered Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. LADENBURG THALM/SH SH upgraded Beeline to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered Beeline from a “hold” rating to a “sell” rating in a research report on Sunday, May 17th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Beeline currently has an average rating of “Moderate Buy”.

Institutional Trading of Beeline

Several institutional investors and hedge funds have recently bought and sold shares of BLNE. LPL Financial LLC bought a new stake in shares of Beeline during the 4th quarter worth approximately $29,000. Virtu Financial LLC acquired a new stake in Beeline during the 4th quarter valued at $30,000. Manchester Financial Inc. bought a new position in Beeline during the fourth quarter worth $31,000. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of Beeline in the fourth quarter valued at $32,000. Finally, HRT Financial LP bought a new position in shares of Beeline in the fourth quarter valued at about $34,000. 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.