Nicholas Reyland Liuzza, Jr. Acquires 33,190 Shares of Beeline (NASDAQ:BLNE) Stock

Beeline Holdings, Inc. (NASDAQ:BLNEGet Free Report) CEO Nicholas Reyland Liuzza, Jr. purchased 33,190 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was bought at an average price of $1.04 per share, for a total transaction of $34,517.60. Following the completion of the transaction, the chief executive officer directly owned 5,039,989 shares in the company, valued at approximately $5,241,588.56. The trade was a 0.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Beeline Stock Performance

Shares of BLNE opened at $1.07 on Wednesday. The company has a 50-day simple moving average of $1.02 and a 200-day simple moving average of $1.57. The firm has a market capitalization of $34.90 million, a P/E ratio of -2.18 and a beta of 1.31. Beeline Holdings, Inc. has a 52 week low of $0.76 and a 52 week high of $4.65.

Beeline (NASDAQ:BLNEGet Free Report) last released its earnings results 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 company had revenue of $3.56 million during the quarter. As a group, equities analysts forecast that Beeline Holdings, Inc. will post -0.01 earnings per share for the current year.

Institutional Trading of Beeline

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Manchester Financial Inc. bought a new position in Beeline during the fourth quarter worth about $31,000. Engineers Gate Manager LP boosted its holdings in Beeline by 69.0% during the second quarter. Engineers Gate Manager LP now owns 33,042 shares of the company’s stock valued at $40,000 after purchasing an additional 13,491 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Beeline by 10,007.5% in the 1st quarter. Bank of America Corp DE now owns 21,630 shares of the company’s stock valued at $51,000 after purchasing an additional 21,416 shares during the period. Waddell & Associates LLC grew its stake in shares of Beeline by 55.0% in the 4th quarter. Waddell & Associates LLC now owns 31,000 shares of the company’s stock valued at $53,000 after purchasing an additional 11,000 shares during the period. Finally, Intrua Financial LLC acquired a new position in shares of Beeline in the 1st quarter worth approximately $69,000. Institutional investors own 0.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Beeline in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Beeline currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on BLNE

About Beeline

(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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