Chad Smith Sells 3,307 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Posted by George Bondi on Aug 22nd, 2026

Better Home & Finance Holding Company (NASDAQ:BETR – Get Free Report) insider Chad Smith sold 3,307 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $12.85, for a total value of $42,494.95. Following the sale, the insider directly owned 1,693 shares in the company, valued at approximately $21,755.05. This trade represents a 66.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Better Home & Finance Stock Up 0.7%

Shares of BETR stock opened at $11.68 on Friday. Better Home & Finance Holding Company has a twelve month low of $11.11 and a twelve month high of $94.06. The stock’s fifty day simple moving average is $22.46 and its 200 day simple moving average is $28.75. The firm has a market capitalization of $220.40 million, a P/E ratio of -1.06 and a beta of 1.73.

Better Home & Finance (NASDAQ:BETR – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($1.64) EPS for the quarter, missing the consensus estimate of ($1.41) by ($0.23). Better Home & Finance had a negative net margin of 94.52% and a negative return on equity of 409.62%. The firm had revenue of $54.70 million during the quarter. As a group, equities research analysts expect that Better Home & Finance Holding Company will post -6.56 EPS for the current fiscal year.

More Better Home & Finance News

Here are the key news stories impacting Better Home & Finance this week:

Positive Sentiment: Northland Securities maintained an “Outperform” rating and a $38 price target, while forecasting that losses will narrow substantially from an estimated $7.47 per share in fiscal 2026 to $0.47 in fiscal 2027. Its estimates imply a possible return to quarterly profitability in late 2027. Northland Securities estimates
Positive Sentiment: Analyst sentiment remains broadly favorable: five analysts rate BETR a Buy, two rate it a Hold and one rates it a Sell. The consensus rating is “Moderate Buy,” with an average price target of $28.17, well above recent trading levels. Better Home & Finance analyst coverage
Neutral Sentiment: Better Home & Finance adopted a defensive shareholder rights plan through a special committee. The measure could protect shareholders against an unwanted accumulation of shares or takeover attempt, but it may also complicate strategic transactions and draw caution from investors. Defensive shareholder rights plan
Neutral Sentiment: Insider Chad Smith sold 3,307 shares for approximately $42,495, reducing his position by 66%. Because the filing identified tax withholding related to vested equity awards as the reason for the sale, it is less negative than a discretionary insider exit, although it remains a potential overhang. SEC insider transaction filing
Negative Sentiment: Northland lowered its fiscal 2026 EPS forecast to a $7.47 loss from a $7.14 loss and reduced its third- and fourth-quarter estimates to losses of $1.07 and $0.70 per share. The revisions add to concerns following the company’s latest quarterly EPS loss of $1.64, which missed the $1.41 consensus estimate.

Hedge Funds Weigh In On Better Home & Finance

A number of hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp acquired a new position in shares of Better Home & Finance in the second quarter worth approximately $518,000. Stoic Point Capital Management LLC bought a new stake in Better Home & Finance in the first quarter valued at approximately $467,000. Royal Bank of Canada increased its position in Better Home & Finance by 1,264.0% during the 1st quarter. Royal Bank of Canada now owns 2,728 shares of the company’s stock valued at $97,000 after purchasing an additional 2,528 shares during the period. Quantinno Capital Management LP acquired a new stake in Better Home & Finance during the 1st quarter valued at approximately $505,000. Finally, Walleye Capital LLC bought a new position in Better Home & Finance during the 1st quarter worth approximately $262,000. 20.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BETR has been the topic of several recent research reports. Cantor Fitzgerald downgraded shares of Better Home & Finance from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $32.00 to $16.00 in a research report on Thursday, August 13th. Roth Capital set a $25.00 price target on shares of Better Home & Finance in a research report on Thursday, August 13th. Zacks Research raised shares of Better Home & Finance to a “hold” rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of Better Home & Finance from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $42.00 price objective on shares of Better Home & Finance in a research note on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Better Home & Finance has a consensus rating of “Moderate Buy” and an average price target of $28.17.

View Our Latest Report on BETR

About Better Home & Finance

(Get Free Report)

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.