Better Home & Finance (NASDAQ:BETR) Director Harit Talwar Buys 5,000 Shares of Stock

Better Home & Finance Holding Company (NASDAQ:BETR) Director Harit Talwar acquired 5,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $25.34 per share, for a total transaction of $126,700.00. Following the purchase, the director directly owned 44,698 shares in the company, valued at approximately $1,132,647.32. This represents a 12.60% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link.

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

• On Friday, May 8th, Harit Talwar acquired 3,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $30.43 per share, for a total transaction of $91,290.00.
• On Thursday, April 9th, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $32.89 per share, for a total transaction of $164,450.00.
• On Wednesday, April 8th, Harit Talwar acquired 1,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $33.34 per share, for a total transaction of $33,340.00.
• On Thursday, April 2nd, Harit Talwar acquired 5,000 shares of Better Home & Finance stock. The stock was purchased at an average cost of $35.24 per share, for a total transaction of $176,200.00.

Better Home & Finance Stock Performance

BETR opened at $26.47 on Wednesday. Better Home & Finance Holding Company has a one year low of $10.81 and a one year high of $94.06. The stock’s fifty day moving average is $34.09 and its 200-day moving average is $36.75. The company has a market capitalization of $499.49 million, a PE ratio of -2.25 and a beta of 1.83.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a research note on Monday, April 20th. Needham & Company LLC assumed coverage on Better Home & Finance in a research note on Monday, May 4th. They issued a “buy” rating and a $53.00 price objective on the stock. Cantor Fitzgerald raised Better Home & Finance to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, Wall Street Zen downgraded Better Home & Finance from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Better Home & Finance has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Institutional Investors Weigh In On Better Home & Finance

A number of institutional investors and hedge funds have recently modified their holdings of BETR. Goldman Sachs Group Inc. raised its position in shares of Better Home & Finance by 3.1% during the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock worth $3,207,000 after purchasing an additional 8,924 shares during the period. Geode Capital Management LLC raised its position in shares of Better Home & Finance by 90.6% during the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock worth $1,609,000 after purchasing an additional 61,740 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Better Home & Finance during the second quarter worth $29,000. XTX Topco Ltd acquired a new stake in shares of Better Home & Finance during the second quarter worth $197,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Better Home & Finance during the second quarter worth $100,000. 20.94% of the stock is owned by institutional investors and hedge funds.

About Better Home & Finance

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.