Beeline (NASDAQ:BLNE) CEO Buys 93,200 Shares of Stock

by · The Markets Daily

Beeline Holdings, Inc. (NASDAQ:BLNE – Get Free Report) CEO Nicholas Reyland Liuzza, Jr. bought 93,200 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were acquired at an average cost of $1.01 per share, with a total value of $94,132.00. Following the completion of the transaction, the chief executive officer owned 5,006,799 shares in the company, valued at approximately $5,056,866.99. The trade was a 1.90% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Beeline Stock Up 3.4%

Beeline stock traded up $0.04 during trading on Monday, hitting $1.06. The stock had a trading volume of 227,101 shares, compared to its average volume of 664,712. Beeline Holdings, Inc. has a 1 year low of $0.76 and a 1 year high of $4.65. The stock’s 50 day moving average is $1.02 and its two-hundred day moving average is $1.59. The stock has a market cap of $34.74 million, a price-to-earnings ratio of -2.17 and a beta of 1.31.

Beeline (NASDAQ:BLNE – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter. Beeline had a negative net margin of 212.25% and a negative return on equity of 41.07%. The business had revenue of $3.56 million during the quarter. As a group, equities research analysts anticipate that Beeline Holdings, Inc. will post -0.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BLNE shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Beeline in a research note on Wednesday, September 2nd. Wall Street Zen cut shares of Beeline from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

View Our Latest Stock Report on BLNE

Hedge Funds Weigh In On Beeline

Several institutional investors and hedge funds have recently modified their holdings of BLNE. Creative Planning purchased a new position in shares of Beeline in the second quarter worth $51,000. NewEdge Advisors LLC purchased a new stake in shares of Beeline during the second quarter valued at $55,000. Vanguard Group Inc. bought a new stake in Beeline in the 3rd quarter worth about $1,330,000. Centiva Capital LP bought a new stake in Beeline in the 3rd quarter worth about $46,000. Finally, Scientech Research LLC purchased a new position in Beeline in the 3rd quarter worth about $89,000. 0.58% of the stock is currently owned by institutional investors.

Beeline Company Profile

(Get Free Report)

Beeline Holdings, Inc is a mortgage fintech company that provides a digital, AI-powered lending and title platform designed to streamline the home loan process. Headquartered in Providence, Rhode Island, Beeline aims to make mortgages simpler and faster by combining technology with an end-to-end approach across origination and title services. The company focuses on improving efficiency and transparency for homebuyers and homeowners, supporting broader access to financial flexibility through property ownership.

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