Better Home & Finance (NASDAQ:BETR) Trading Up 3.9% – Still a Buy?

Better Home & Finance Holding (NASDAQ:BETR)’s share price was up 3.9% on Monday . The company traded as high as $14.42 and last traded at $14.35. Approximately 34,266 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 51,388 shares. The stock had previously closed at $13.81.

Better Home & Finance Stock Up 3.9%

The stock has a market cap of $218.18 million, a price-to-earnings ratio of -1.08 and a beta of 1.59. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43. The stock has a fifty day moving average of $13.19 and a two-hundred day moving average of $11.72.

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

Insider Buying and Selling at Better Home & Finance

In other Better Home & Finance news, Director Prabhu Narasimhan bought 42,352 shares of Better Home & Finance stock in a transaction that occurred on Friday, May 16th. The shares were acquired at an average price of $14.10 per share, for a total transaction of $597,163.20. Following the acquisition, the director now owns 59,915 shares of the company’s stock, valued at $844,801.50. The trade was a 241.14% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 23.59% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Better Home & Finance stock. Brooklyn FI LLC purchased a new position in shares of Better Home & Finance Holding (NASDAQ:BETR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 235,712 shares of the company’s stock, valued at approximately $2,103,000. Brooklyn FI LLC owned approximately 1.56% of Better Home & Finance as of its most recent filing with the Securities and Exchange Commission. 20.94% of the stock is currently owned by institutional investors.

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.