Better Home & Finance (NASDAQ:BETR) Director Harit Talwar Buys 5,000 Shares

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar bought 5,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were acquired at an average cost of $25.34 per share, for a total transaction of $126,700.00. Following the completion of the transaction, the director owned 44,698 shares of the company’s stock, valued at approximately $1,132,647.32. The trade was a 12.60% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Harit Talwar also recently made the following trade(s):

• On Friday, May 8th, Harit Talwar bought 3,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $30.43 per share, for a total transaction of $91,290.00.
• On Thursday, April 9th, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $32.89 per share, for a total transaction of $164,450.00.
• On Wednesday, April 8th, Harit Talwar bought 1,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $33.34 per share, for a total transaction of $33,340.00.
• On Thursday, April 2nd, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The shares were acquired at an average cost of $35.24 per share, for a total transaction of $176,200.00.

Better Home & Finance Stock Performance

Shares of NASDAQ BETR traded up $0.86 during midday trading on Tuesday, reaching $26.47. 388,063 shares of the company’s stock were exchanged, compared to its average volume of 508,822. Better Home & Finance Holding Company has a 52-week low of $10.81 and a 52-week high of $94.06. The stock has a market capitalization of $499.49 million, a PE ratio of -2.25 and a beta of 1.83. The business’s fifty day moving average price is $34.25 and its two-hundred day moving average price is $36.99.

Wall Street Analysts Forecast Growth

BETR has been the topic of a number of analyst reports. Wall Street Zen lowered Better Home & Finance from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. Needham & Company LLC started coverage on Better Home & Finance in a report on Monday, May 4th. They issued a “buy” rating and a $53.00 price objective for the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Finally, Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Better Home & Finance presently has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Hedge Funds Weigh In On Better Home & Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jump Financial LLC acquired a new stake in Better Home & Finance in the fourth quarter worth approximately $2,457,000. Goldman Sachs Group Inc. lifted its position in Better Home & Finance by 1,465.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 73,685 shares of the company’s stock worth $2,401,000 after purchasing an additional 68,977 shares during the period. Geode Capital Management LLC lifted its position in Better Home & Finance by 90.6% in the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock worth $1,609,000 after purchasing an additional 61,740 shares during the period. Comerica Bank acquired a new stake in Better Home & Finance in the fourth quarter worth approximately $1,819,000. Finally, Marshall Wace LLP lifted its position in Better Home & Finance by 151.6% in the second 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 period. 20.94% of the stock is owned by institutional investors.

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.