Ventures Iv L.P. Framework Purchases 53,000 Shares of Better Home & Finance (NASDAQ:BETR) Stock

Better Home & Finance Holding Company (NASDAQ:BETR) major shareholder Ventures Iv L.P. Framework acquired 53,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was acquired at an average price of $28.48 per share, for a total transaction of $1,509,440.00. Following the completion of the purchase, the insider directly owned 912,312 shares of the company’s stock, valued at $25,982,645.76. This trade represents a 6.17% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, March 16th, Ventures Iv L.P. Framework bought 25,000 shares of Better Home & Finance stock. The shares were acquired at an average price of $29.55 per share, with a total value of $738,750.00.
• 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 stock was 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 Stock Down 5.8%

Shares of BETR stock opened at $27.31 on Friday. Better Home & Finance Holding Company has a 12 month low of $9.50 and a 12 month high of $94.06. The firm has a market cap of $428.77 million, a PE ratio of -2.53 and a beta of 1.98. The stock has a 50 day moving average of $31.64 and a 200-day moving average of $42.67.

Institutional Trading of Better Home & Finance

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Better Home & Finance by 1.6% in the third quarter. Vanguard Group Inc. now owns 398,903 shares of the company’s stock worth $22,394,000 after purchasing an additional 6,374 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Better Home & Finance by 3.1% during the first quarter. Goldman Sachs Group Inc. now owns 293,858 shares of the company’s stock valued at $3,207,000 after purchasing an additional 8,924 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Better Home & Finance by 8.6% in the 4th quarter. Geode Capital Management LLC now owns 151,187 shares of the company’s stock valued at $4,927,000 after purchasing an additional 11,922 shares during the period. Gratia Capital LLC bought a new stake in shares of Better Home & Finance in the 2nd quarter valued at approximately $1,797,000. Finally, State Street Corp raised its holdings in shares of Better Home & Finance by 14.2% in the 4th quarter. State Street Corp now owns 116,597 shares of the company’s stock worth $3,799,000 after buying an additional 14,540 shares in the last quarter. 20.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on BETR shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Better Home & Finance in a report on Wednesday, January 21st. Cantor Fitzgerald upgraded shares of Better Home & Finance to a “strong-buy” rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus 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.