Beeline Holdings, Inc. (NASDAQ:BLNE – Get Free Report) CEO Nicholas Reyland Liuzza, Jr. bought 245,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average price of $0.98 per share, for a total transaction of $240,100.00. Following the acquisition, the chief executive officer directly owned 4,795,099 shares of the company’s stock, valued at $4,699,197.02. This represents a 5.38% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Beeline Price Performance
NASDAQ BLNE traded up $0.01 during trading on Monday, reaching $0.99. 1,643,944 shares of the company’s stock were exchanged, compared to its average volume of 678,919. The stock has a market capitalization of $32.46 million, a P/E ratio of -2.03 and a beta of 1.25. The business has a 50 day moving average price of $1.05 and a 200-day moving average price of $1.72. Beeline Holdings, Inc. has a fifty-two week low of $0.76 and a fifty-two week high of $4.65.
Beeline (NASDAQ:BLNE – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. Beeline had a negative net margin of 212.25% and a negative return on equity of 41.07%. The business had revenue of $3.56 million during the quarter. On average, analysts forecast that Beeline Holdings, Inc. will post -0.01 earnings per share for the current year.
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Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in BLNE. Citizens Financial Group Inc. RI purchased a new stake in Beeline in the 1st quarter valued at about $217,000. Relyea Zuckerberg Hanson LLC boosted its stake in shares of Beeline by 185.7% in the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 40,000 shares of the company’s stock worth $94,000 after buying an additional 26,000 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Beeline in the fourth quarter valued at approximately $30,000. Quadrature Capital Ltd bought a new position in shares of Beeline in the fourth quarter valued at approximately $47,000. Finally, HRT Financial LP purchased a new stake in shares of Beeline during the fourth quarter valued at approximately $34,000. Institutional investors own 0.58% of the company’s stock.
About Beeline
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.
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