Beeline (NASDAQ:BLNE) CFO Christopher Moe Buys 10,000 Shares of Stock

Beeline Holdings, Inc. (NASDAQ:BLNE) CFO Christopher Moe purchased 10,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of $1.04 per share, with a total value of $10,400.00. Following the completion of the acquisition, the chief financial officer owned 50,000 shares in the company, valued at approximately $52,000. This trade represents a 25.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Beeline Stock Down 1.9%

BLNE stock traded down $0.02 during mid-day trading on Tuesday, hitting $1.02. 659,563 shares of the company were exchanged, compared to its average volume of 853,841. Beeline Holdings, Inc. has a 12-month low of $0.62 and a 12-month high of $4.65. The firm has a market capitalization of $31.26 million, a P/E ratio of -0.15 and a beta of 1.36. The business has a fifty day simple moving average of $2.22 and a 200-day simple moving average of $2.35.

Beeline (NASDAQ:BLNE) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $2.36 million during the quarter. Beeline had a negative net margin of 250.44% and a negative return on equity of 38.98%. Research analysts predict that Beeline Holdings, Inc. will post -0.01 EPS for the current year.

Hedge Funds Weigh In On Beeline

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AWM Investment Company Inc. acquired a new position in shares of Beeline during the fourth quarter worth about $3,225,000. NewEdge Advisors LLC raised its holdings in Beeline by 2,932.2% in the third quarter. NewEdge Advisors LLC now owns 1,121,900 shares of the company’s stock valued at $4,443,000 after acquiring an additional 1,084,900 shares in the last quarter. Vanguard Group Inc. purchased a new position in Beeline in the third quarter worth approximately $1,330,000. Perkins Capital Management Inc. purchased a new position in Beeline in the fourth quarter worth approximately $421,000. Finally, Blue Owl Capital Holdings LP acquired a new position in Beeline during the 4th quarter worth approximately $223,000. Hedge funds and other institutional investors own 0.58% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. LADENBURG THALM/SH SH raised shares of Beeline to a “strong-buy” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Beeline from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beeline in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Beeline Company Profile

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.