Ventures Iv L.P. Framework Purchases 25,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) major shareholder Ventures Iv L.P. Framework acquired 25,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was acquired at an average cost of $29.55 per share, with a total value of $738,750.00. Following the purchase, the insider owned 859,312 shares of the company’s stock, valued at approximately $25,392,669.60. This trade represents a 3.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Ventures Iv L.P. Framework also recently made the following trade(s):

• On Friday, March 13th, Ventures Iv L.P. Framework bought 29,494 shares of Better Home & Finance stock. The shares were acquired at an average price of $34.12 per share, with a total value of $1,006,335.28.
• On Wednesday, March 11th, Ventures Iv L.P. Framework bought 21,598 shares of Better Home & Finance stock. The shares were acquired at an average cost of $39.73 per share, for a total transaction of $858,088.54.
• On Monday, March 9th, Ventures Iv L.P. Framework purchased 10,000 shares of Better Home & Finance stock. The stock was acquired at an average cost of $35.46 per share, for a total transaction of $354,600.00.

Better Home & Finance Price Performance

BETR stock opened at $31.22 on Wednesday. Better Home & Finance Holding Company has a 1-year low of $9.50 and a 1-year high of $94.06. The business has a 50 day simple moving average of $32.17 and a two-hundred day simple moving average of $42.83. The company has a market capitalization of $490.15 million, a price-to-earnings ratio of -2.89 and a beta of 1.98.

Institutional Trading of Better Home & Finance

Institutional investors and hedge funds have recently modified their holdings of the stock. Gratia Capital LLC purchased a new stake in shares of Better Home & Finance in the 2nd quarter worth $1,797,000. Quadrature Capital Ltd purchased a new position in shares of Better Home & Finance during the second quarter valued at $173,000. Penserra Capital Management LLC bought a new stake in shares of Better Home & Finance in the third quarter valued at about $1,647,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Better Home & Finance in the second quarter worth about $33,000. Finally, Russell Investments Group Ltd. purchased a new stake in Better Home & Finance in the third quarter worth about $31,000. Institutional investors own 20.94% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on BETR shares. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Wednesday, January 21st. Cantor Fitzgerald upgraded shares of Better Home & Finance to a “strong-buy” rating in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $40.00.

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.