Insider Selling: Blend Labs (NYSE:BLND) Insider Sells 74,705 Shares of Stock

Posted by Brenda Bartman on Sep 15th, 2026

Blend Labs, Inc. (NYSE:BLND – Get Free Report) insider Srinivasan Venkatramani sold 74,705 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $1.43, for a total value of $106,828.15. Following the transaction, the insider owned 236,563 shares in the company, valued at $338,285.09. This trade represents a 24.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Blend Labs Stock Down 5.9%

BLND stock traded down $0.09 during trading on Tuesday, hitting $1.36. 1,645,579 shares of the company’s stock traded hands, compared to its average volume of 3,311,700. The stock has a market capitalization of $322.84 million, a price-to-earnings ratio of -15.16 and a beta of 1.09. Blend Labs, Inc. has a 52 week low of $1.18 and a 52 week high of $4.49. The stock has a fifty day moving average price of $1.64 and a two-hundred day moving average price of $1.63.

Hedge Funds Weigh In On Blend Labs

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BLND. Covestor Ltd increased its position in Blend Labs by 40.1% in the 4th quarter. Covestor Ltd now owns 18,909 shares of the company’s stock valued at $57,000 after acquiring an additional 5,409 shares during the period. Kingsview Wealth Management LLC boosted its position in Blend Labs by 15.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 98,660 shares of the company’s stock worth $300,000 after acquiring an additional 13,330 shares during the period. Chicago Partners Investment Group LLC boosted its position in Blend Labs by 25.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 67,224 shares of the company’s stock worth $108,000 after acquiring an additional 13,428 shares during the period. Lexington Hill Partners LLC bought a new position in shares of Blend Labs in the fourth quarter worth $42,000. Finally, Essential Partners LLC grew its stake in shares of Blend Labs by 21,768.1% in the first quarter. Essential Partners LLC now owns 15,745 shares of the company’s stock worth $27,000 after purchasing an additional 15,673 shares in the last quarter. 52.56% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BLND has been the topic of a number of recent research reports. Citigroup reissued a “market outperform” rating on shares of Blend Labs in a report on Tuesday, July 21st. Citizens Jmp reaffirmed a “market outperform” rating and set a $4.00 target price on shares of Blend Labs in a report on Tuesday, July 21st. Zacks Research upgraded Blend Labs from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Weiss Ratings raised Blend Labs from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday. Finally, The Goldman Sachs Group set a $3.00 price objective on Blend Labs in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $2.82.

Check Out Our Latest Research Report on BLND

Blend Labs Company Profile

(Get Free Report)

Blend Labs, Inc is a financial technology company that provides cloud-based software to banks, credit unions and other financial institutions. Its platform is designed to simplify and digitize consumer lending and banking processes, helping institutions manage applications, verification, underwriting, account opening and related workflows through online and mobile channels.

The company’s product offerings support mortgage lending, consumer lending and deposit accounts. Its solutions include digital application and account-opening tools, income and asset verification, loan processing and closing capabilities, and configurable technology that financial institutions can use to create and manage digital banking experiences.