Paula Tuffin Sells 8,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) General Counsel Paula Tuffin sold 8,000 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $38.55, for a total transaction of $308,400.00. Following the transaction, the general counsel owned 26,198 shares in the company, valued at approximately $1,009,932.90. This trade represents a 23.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Paula Tuffin also recently made the following trade(s):

• On Thursday, December 11th, Paula Tuffin sold 8,000 shares of Better Home & Finance stock. The stock was sold at an average price of $46.56, for a total transaction of $372,480.00.

Better Home & Finance Stock Down 2.9%

BETR traded down $1.11 during mid-day trading on Wednesday, reaching $37.73. 489,195 shares of the company traded hands, compared to its average volume of 530,131. The company’s fifty day moving average price is $44.29 and its 200-day moving average price is $37.61. The stock has a market capitalization of $592.25 million, a P/E ratio of -3.10 and a beta of 1.99. Better Home & Finance Holding Company has a 52-week low of $7.76 and a 52-week high of $94.06.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC purchased a new stake in Better Home & Finance during the 3rd quarter valued at approximately $29,000. Russell Investments Group Ltd. purchased a new position in Better Home & Finance during the third quarter valued at $31,000. Solstein Capital LLC increased its holdings in Better Home & Finance by 42.6% in the 3rd quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock valued at $124,000 after acquiring an additional 661 shares during the last quarter. CWM LLC purchased a new stake in Better Home & Finance in the 3rd quarter worth $42,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Better Home & Finance by 15.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company’s stock valued at $378,000 after purchasing an additional 894 shares during the last quarter. 20.94% of the stock is owned by hedge funds and other institutional investors.

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.