Goldman Sachs Group Inc. raised its holdings in shares of Better Home & Finance Holding Company (NASDAQ:BETR - Free Report) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 293,858 shares of the company's stock after buying an additional 8,924 shares during the period. Goldman Sachs Group Inc. owned about 1.93% of Better Home & Finance worth $3,207,000 at the end of the most recent reporting period.
Separately, Brooklyn FI LLC acquired a new stake in Better Home & Finance during the 4th quarter worth about $2,103,000. 20.94% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Better Home & Finance from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th.
Read Our Latest Research Report on BETR
Better Home & Finance Stock Performance
Shares of Better Home & Finance stock traded up $52.75 during midday trading on Monday, hitting $86.84. The company had a trading volume of 1,349,822 shares, compared to its average volume of 62,707. Better Home & Finance Holding Company has a 52-week low of $7.71 and a 52-week high of $94.06. The company has a 50 day moving average of $18.58 and a 200 day moving average of $14.77. The stock has a market capitalization of $1.33 billion, a P/E ratio of -6.57 and a beta of 1.57.
Better Home & Finance (NASDAQ:BETR - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported ($1.99) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.27) by $0.28. The business had revenue of $44.14 million during the quarter, compared to the consensus estimate of $44.14 million. Better Home & Finance had a negative net margin of 153.25% and a negative return on equity of 1,105.80%.
Insider Activity
In other Better Home & Finance news, CAO J. Calamari Nicholas sold 12,527 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $21.86, for a total transaction of $273,840.22. Following the transaction, the chief accounting officer owned 9,451 shares of the company's stock, valued at $206,598.86. This trade represents a 57.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 23.59% of the stock is owned by company insiders.
About Better Home & Finance
(
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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