Shares of Better Home & Finance Holding (NASDAQ:BETR - Get Free Report) were down 1.6% during trading on Friday . The stock traded as low as $12.35 and last traded at $12.72. Approximately 50,061 shares changed hands during trading, an increase of 10% from the average daily volume of 45,659 shares. The stock had previously closed at $12.93.
Better Home & Finance Stock Performance
The firm has a fifty day moving average of $12.92 and a 200-day moving average of $11.81. The firm has a market cap of $223.35 million, a P/E ratio of -1.10 and a beta of 1.69. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43.
Better Home & Finance (NASDAQ:BETR - Get Free Report) last released its earnings results on Tuesday, March 18th. The company reported ($2.81) earnings per share for the quarter. Better Home & Finance had a negative net margin of 187.29% and a negative return on equity of 300.92%. The company had revenue of $24.98 million during the quarter.
Insider Activity at Better Home & Finance
In related news, Director Prabhu Narasimhan purchased 42,352 shares of the stock in a transaction on Friday, May 16th. The shares were purchased at an average price of $14.10 per share, with a total value of $597,163.20. Following the transaction, the director now directly owns 59,915 shares of the company's stock, valued at $844,801.50. This trade represents a 241.14% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 23.59% of the stock is owned by insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Better Home & Finance stock. Goldman Sachs Group Inc. boosted its position in Better Home & Finance Holding (NASDAQ:BETR - Free Report) by 3.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 293,858 shares of the company's stock after purchasing an additional 8,924 shares during the quarter. Goldman Sachs Group Inc. owned about 1.94% of Better Home & Finance worth $3,207,000 at the end of the most recent reporting period. 20.94% of the stock is currently owned by institutional investors and hedge funds.
Better Home & Finance Company Profile
(
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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