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Brooklyn FI LLC Makes New $2.10 Million Investment in Better Home & Finance Holding (NASDAQ:BETR)

Better Home & Finance logo with Finance background

Brooklyn FI LLC bought a new stake in shares of Better Home & Finance Holding (NASDAQ:BETR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 235,712 shares of the company's stock, valued at approximately $2,103,000. Brooklyn FI LLC owned 1.56% of Better Home & Finance as of its most recent SEC filing.

Insiders Place Their Bets

In other news, Director Prabhu Narasimhan bought 42,352 shares of Better Home & Finance stock in a transaction dated Friday, May 16th. The stock was purchased at an average price of $14.10 per share, for a total transaction of $597,163.20. Following the purchase, the director now directly owns 59,915 shares in the company, valued at $844,801.50. The trade was a 241.14% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 23.59% of the company's stock.

Better Home & Finance Stock Down 5.2%

Shares of Better Home & Finance stock traded down $0.77 during trading on Friday, reaching $13.92. 101,377 shares of the company traded hands, compared to its average volume of 46,423. The company has a debt-to-equity ratio of 12.43, a current ratio of 0.84 and a quick ratio of 0.84. The company has a 50 day moving average price of $12.91 and a 200-day moving average price of $11.81. Better Home & Finance Holding has a 1-year low of $7.71 and a 1-year high of $30.00. The firm has a market capitalization of $211.64 million, a PE ratio of -1.05 and a beta of 1.69.

Better Home & Finance (NASDAQ:BETR - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The company reported ($2.81) earnings per share for the quarter. Better Home & Finance had a negative return on equity of 300.92% and a negative net margin of 187.29%. The business had revenue of $24.98 million for the quarter.

Better Home & Finance Company Profile

(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.

Further Reading

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