Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report)'s share price traded up 1% during mid-day trading on Wednesday . The stock traded as high as $14.99 and last traded at $14.56. 51,572 shares changed hands during trading, an increase of 54% from the average session volume of 33,476 shares. The stock had previously closed at $14.42.
Better Home & Finance Price Performance
The stock has a market cap of $197.90 million, a PE ratio of -0.98 and a beta of 1.51. The company's fifty day moving average is $13.22 and its 200-day moving average is $12.47.
Insiders Place Their Bets
In other news, Director Prabhu Narasimhan purchased 42,352 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of $14.10 per share, with a total value of $597,163.20. Following the completion of the acquisition, the director owned 59,915 shares of the company's stock, valued at approximately $844,801.50. This represents a 241.14% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.59% of the company's stock.
Hedge Funds Weigh In On Better Home & Finance
Large investors have recently bought and sold shares of the business. Brooklyn FI LLC acquired a new stake in Better Home & Finance in the 4th quarter worth about $2,103,000. Goldman Sachs Group Inc. lifted its position in 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 buying an additional 8,924 shares in the last quarter. Daymark Wealth Partners LLC purchased a new stake in shares of Better Home & Finance in the second quarter valued at about $293,000. Finally, Geode Capital Management LLC grew its stake in shares of Better Home & Finance by 90.6% in the 2nd quarter. Geode Capital Management LLC now owns 129,881 shares of the company's stock valued at $1,609,000 after buying an additional 61,740 shares during the period. Institutional investors and hedge funds own 20.94% of the company's stock.
About Better Home & Finance
(
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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