Better Home & Finance Holding Company $BETR Shares Acquired by UBS Group AG

UBS Group AG lifted its holdings in shares of Better Home & Finance Holding Company (NASDAQ:BETR) by 49.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,409 shares of the company’s stock after acquiring an additional 27,356 shares during the quarter. UBS Group AG’s holdings in Better Home & Finance were worth $2,685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BETR. Geode Capital Management LLC lifted its holdings in shares of Better Home & Finance by 90.6% during the 2nd quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock valued at $1,609,000 after acquiring an additional 61,740 shares in the last quarter. Marshall Wace LLP lifted its holdings 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 valued at $1,113,000 after acquiring an additional 54,113 shares in the last quarter. Penserra Capital Management LLC acquired a new position in shares of Better Home & Finance during the 3rd quarter valued at $1,647,000. XTX Topco Ltd acquired a new position in shares of Better Home & Finance during the 2nd quarter valued at $197,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Better Home & Finance by 3.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock valued at $3,207,000 after acquiring an additional 8,924 shares in the last quarter. Institutional investors and hedge funds own 20.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on BETR shares. Needham & Company LLC started coverage on shares of Better Home & Finance in a report on Monday, May 4th. They set a “buy” rating and a $53.00 target price on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Cantor Fitzgerald upgraded shares of Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Wall Street Zen lowered shares of Better Home & Finance from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. One investment 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Insider Activity

In other Better Home & Finance news, Director Harit Talwar acquired 5,000 shares of the stock in a transaction on Friday, May 22nd. The stock was purchased at an average price of $25.34 per share, for a total transaction of $126,700.00. Following the purchase, the director directly owned 44,698 shares in the company, valued at $1,132,647.32. This trade represents a 12.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Ventures Iv L.P. Framework acquired 54,384 shares of the stock in a transaction on Friday, April 10th. The shares were acquired at an average price of $32.96 per share, with a total value of $1,792,496.64. Following the purchase, the insider owned 1,006,696 shares in the company, valued at $33,180,700.16. This represents a 5.71% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 315,176 shares of company stock worth $9,812,461 and have sold 7,396 shares worth $218,222. Company insiders own 23.59% of the company’s stock.

Better Home & Finance Stock Up 3.4%

Shares of NASDAQ BETR opened at $26.47 on Wednesday. Better Home & Finance Holding Company has a fifty-two week low of $10.81 and a fifty-two week high of $94.06. The business has a 50 day moving average price of $34.09 and a two-hundred day moving average price of $36.75. The firm has a market cap of $499.49 million, a PE ratio of -2.25 and a beta of 1.83.

Better Home & Finance 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.