Harit Talwar Purchases 3,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar purchased 3,000 shares of the stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $30.43 per share, with a total value of $91,290.00. Following the completion of the purchase, the director directly owned 39,698 shares of the company’s stock, valued at $1,208,010.14. The trade was a 8.17% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Harit Talwar also recently made the following trade(s):

• On Thursday, April 9th, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The shares were bought at an average cost of $32.89 per share, for a total transaction of $164,450.00.
• On Wednesday, April 8th, Harit Talwar bought 1,000 shares of Better Home & Finance stock. The stock was bought at an average cost of $33.34 per share, with a total value of $33,340.00.
• On Thursday, April 2nd, Harit Talwar bought 5,000 shares of Better Home & Finance stock. The shares were bought at an average price of $35.24 per share, with a total value of $176,200.00.

Better Home & Finance Price Performance

BETR opened at $30.38 on Wednesday. The stock’s 50 day simple moving average is $35.83 and its 200 day simple moving average is $40.13. Better Home & Finance Holding Company has a 1 year low of $10.81 and a 1 year high of $94.06. The firm has a market cap of $499.75 million, a price-to-earnings ratio of -2.58 and a beta of 1.83.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on BETR shares. Wall Street Zen cut shares of Better Home & Finance from a “hold” rating to a “sell” rating in a report on Saturday. Cantor Fitzgerald raised shares of Better Home & Finance to a “strong-buy” rating in a research report on Tuesday, January 27th. Needham & Company LLC initiated coverage on shares of Better Home & Finance in a report on Monday, May 4th. They issued a “buy” rating and a $53.00 price target on the stock. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Better Home & Finance has an average rating of “Moderate Buy” and an average price target of $46.50.

Hedge Funds Weigh In On Better Home & Finance

Several hedge funds have recently made changes to their positions in BETR. FNY Investment Advisers LLC bought a new stake in Better Home & Finance in the third quarter valued at $29,000. Bank of New York Mellon Corp raised its holdings in Better Home & Finance by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 13,890 shares of the company’s stock worth $495,000 after purchasing an additional 548 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Better Home & Finance in the 3rd quarter worth $31,000. Solstein Capital LLC lifted its position in shares of Better Home & Finance by 42.6% in 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 period. Finally, CWM LLC purchased a new stake in shares of Better Home & Finance in the 3rd quarter worth about $42,000. 20.94% of the stock is owned by hedge funds and other institutional investors.

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.