Vishal Garg Purchases 15,600 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETRGet Free Report) CEO Vishal Garg bought 15,600 shares of Better Home & Finance stock in a transaction dated Monday, May 18th. The stock was purchased at an average price of $24.87 per share, with a total value of $387,972.00. Following the purchase, the chief executive officer directly owned 87,060 shares in the company, valued at approximately $2,165,182.20. This trade represents a 21.83% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vishal Garg also recently made the following trade(s):

  • On Thursday, May 7th, Vishal Garg bought 6,583 shares of Better Home & Finance stock. The stock was purchased at an average price of $30.00 per share, with a total value of $197,490.00.
  • On Wednesday, April 8th, Vishal Garg bought 10,000 shares of Better Home & Finance stock. The stock was purchased at an average price of $35.05 per share, with a total value of $350,500.00.
  • On Wednesday, March 25th, Vishal Garg bought 2,217 shares of Better Home & Finance stock. The stock was purchased at an average price of $29.90 per share, with a total value of $66,288.30.
  • On Monday, March 23rd, Vishal Garg bought 10,600 shares of Better Home & Finance stock. The stock was purchased at an average price of $29.49 per share, with a total value of $312,594.00.

Better Home & Finance Price Performance

Shares of BETR stock traded down $1.95 during mid-day trading on Monday, hitting $25.05. The stock had a trading volume of 509,133 shares, compared to its average volume of 510,720. Better Home & Finance Holding Company has a fifty-two week low of $10.81 and a fifty-two week high of $94.06. The firm has a market cap of $412.07 million, a PE ratio of -2.13 and a beta of 1.83. The company’s 50-day simple moving average is $35.54 and its 200-day simple moving average is $39.01.

Wall Street Analyst Weigh In

BETR has been the topic of a number of analyst reports. Cantor Fitzgerald upgraded Better Home & Finance to a “strong-buy” rating in a research note on Tuesday, January 27th. Needham & Company LLC initiated coverage on Better Home & Finance in a research note on Monday, May 4th. They issued a “buy” rating and a $53.00 price target on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research note on Monday, April 20th. Finally, Wall Street Zen downgraded Better Home & Finance from a “sell” rating to a “strong sell” rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $46.50.

Check Out Our Latest Research Report on Better Home & Finance

Hedge Funds Weigh In On Better Home & Finance

Hedge funds and other institutional investors have recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new position in Better Home & Finance during the third quarter worth $29,000. JPMorgan Chase & Co. acquired a new position in Better Home & Finance during the second quarter worth $29,000. Russell Investments Group Ltd. acquired a new position in Better Home & Finance during the third quarter worth $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Better Home & Finance during the second quarter worth $33,000. Finally, CWM LLC acquired a new position in Better Home & Finance during the third quarter worth $42,000. 20.94% of the stock is owned by institutional investors and hedge funds.

Better Home & Finance Company Profile

(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.

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