Better Home & Finance (NASDAQ:BETR – Get Free Report) was upgraded by equities research analysts at BTIG Research to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Other research analysts have also issued research reports about the company. Wall Street Zen lowered Better Home & Finance from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a report on Monday, April 20th. Roth Mkm started coverage on Better Home & Finance in a report on Monday. They issued a “buy” rating and a $35.00 price objective on the stock. Finally, 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 on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $41.00.
Get Our Latest Stock Report on BETR
Better Home & Finance Stock Performance
Insider Buying and Selling
In related news, major shareholder Ventures Iv L.P. Framework purchased 54,384 shares of Better Home & Finance stock in a transaction dated Friday, April 10th. The shares were acquired at an average price of $32.96 per share, for a total transaction of $1,792,496.64. Following the acquisition, the insider directly owned 1,006,696 shares in the company, valued at approximately $33,180,700.16. The trade was a 5.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Harit Talwar purchased 5,000 shares of Better Home & Finance stock in a transaction dated Thursday, April 9th. The shares were bought at an average price of $32.89 per share, for a total transaction of $164,450.00. Following the acquisition, the director owned 36,698 shares in the company, valued at approximately $1,206,997.22. This trade represents a 15.77% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 234,234 shares of company stock worth $6,980,039 in the last quarter. 27.72% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Comerica Bank purchased a new position in shares of Better Home & Finance during the 4th quarter worth $1,819,000. UBS Group AG increased its position in shares of Better Home & Finance by 49.7% during the 4th quarter. UBS Group AG now owns 82,409 shares of the company’s stock worth $2,685,000 after purchasing an additional 27,356 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of Better Home & Finance during the 4th quarter worth about $59,000. FNY Investment Advisers LLC acquired a new stake in shares of Better Home & Finance during the 3rd quarter worth about $29,000. Finally, Solstein Capital LLC increased its position in shares of Better Home & Finance by 42.6% during the 3rd quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock worth $124,000 after purchasing an additional 661 shares during the last quarter. Hedge funds and other institutional investors own 20.94% of the company’s stock.
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.
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