Insider Buying: Beeline (NASDAQ:BLNE) CEO Acquires $14,700.00 in Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. bought 15,000 shares of Beeline stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average price of $0.98 per share, with a total value of $14,700.00. Following the acquisition, the chief executive officer directly owned 4,545,099 shares of the company’s stock, valued at approximately $4,454,197.02. This represents a 0.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Beeline Stock Up 1.9%

Shares of Beeline stock opened at $1.07 on Thursday. The stock has a market cap of $34.90 million, a PE ratio of -2.18 and a beta of 1.31. The business has a fifty day simple moving average of $1.04 and a 200-day simple moving average of $1.68. Beeline Holdings, Inc. has a 12 month low of $0.76 and a 12 month high of $4.65.

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

Analysts Set New Price Targets

Several research firms have weighed in on BLNE. Weiss Ratings downgraded Beeline from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, June 5th. Wall Street Zen cut shares of Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. Finally, LADENBURG THALM/SH SH raised shares of Beeline to a “strong-buy” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Beeline currently has a consensus rating of “Moderate Buy”.

Institutional Trading of Beeline

Hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC purchased a new position in Beeline in the fourth quarter valued at about $29,000. Virtu Financial LLC purchased a new stake in shares of Beeline during the 4th quarter worth about $30,000. Manchester Financial Inc. purchased a new stake in shares of Beeline during the 4th quarter worth about $31,000. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in shares of Beeline during the 4th quarter valued at about $32,000. Finally, HRT Financial LP acquired a new stake in shares of Beeline during the 4th quarter valued at about $34,000. 0.58% of the stock is currently owned by hedge funds and other institutional investors.

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.