Vishal Garg Acquires 15,600 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) CEO Vishal Garg acquired 15,600 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $25.00 per share, with a total value of $390,000.00. Following the completion of the transaction, the chief executive officer owned 102,660 shares in the company, valued at approximately $2,566,500. The trade was a 17.92% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Vishal Garg also recently made the following trade(s):

• On Monday, May 18th, Vishal Garg acquired 15,600 shares of Better Home & Finance stock. The shares were purchased at an average cost of $24.87 per share, with a total value of $387,972.00.
• On Thursday, May 7th, Vishal Garg acquired 6,583 shares of Better Home & Finance stock. The shares were purchased at an average cost of $30.00 per share, with a total value of $197,490.00.
• On Wednesday, April 8th, Vishal Garg acquired 10,000 shares of Better Home & Finance stock. The shares were purchased at an average cost of $35.05 per share, with a total value of $350,500.00.
• On Wednesday, March 25th, Vishal Garg purchased 2,217 shares of Better Home & Finance stock. The shares were bought at an average price of $29.90 per share, for a total transaction of $66,288.30.
• On Monday, March 23rd, Vishal Garg purchased 10,600 shares of Better Home & Finance stock. The shares were bought at an average price of $29.49 per share, for a total transaction of $312,594.00.

Better Home & Finance Price Performance

NASDAQ:BETR traded down $0.92 during midday trading on Wednesday, hitting $24.34. 644,865 shares of the company were exchanged, compared to its average volume of 581,741. The company has a fifty day simple moving average of $35.02 and a 200 day simple moving average of $37.94. Better Home & Finance Holding Company has a fifty-two week low of $10.81 and a fifty-two week high of $94.06.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Better Home & Finance by 1.6% during the 3rd 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 last quarter. Goldman Sachs Group Inc. grew its position in Better Home & Finance by 3.1% during the 1st 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 last quarter. Geode Capital Management LLC grew its position in 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 purchasing an additional 11,922 shares during the last quarter. State Street Corp grew its position in 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 purchasing an additional 14,540 shares during the last quarter. Finally, Marshall Wace LLP grew its position in 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 purchasing an additional 54,113 shares during the last quarter. 20.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Needham & Company LLC assumed coverage on shares of Better Home & Finance in a research note on Monday, May 4th. They set a “buy” rating and a $53.00 price target on the stock. Cantor Fitzgerald upgraded shares of Better Home & Finance to a “strong-buy” rating in a research note on Tuesday, January 27th. Wall Street Zen lowered shares of Better Home & Finance from a “sell” rating to a “strong sell” rating in a research note on Sunday. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a research note on Monday, April 20th. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.50.

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.