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Better Home & Finance Holding Co. [BETR] Stock sold by Insider Valani Riaz for $0.24 million

In a filing, Better Home & Finance Holding Co. revealed its Director Valani Riaz unloaded Company’s shares for reported $0.24 million on May 31 ’24. In the deal valued at $0.33 per share,720,422 shares were sold. As a result of this transaction, Valani Riaz now holds 15,276,317 shares worth roughly $8.25 million.

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Then, Valani Riaz sold 853,339 shares, generating $293,736 in total proceeds. Upon selling the shares at $0.34, the Director now owns 15,996,739 shares.

Before that, Valani Riaz sold 451,697 shares. Better Home & Finance Holding Co. shares valued at $153,440 were divested by the Director at a price of $0.34 per share. As a result of the transaction, Valani Riaz now holds 16,850,078 shares, worth roughly $9.1 million.

Price Performance Review of BETR

On Tuesday, Better Home & Finance Holding Co. [NASDAQ:BETR] saw its stock jump 8.48% to $0.54. Over the last five days, the stock has gained 19.74%. Better Home & Finance Holding Co. shares have fallen nearly -33.57% since the year began. Nevertheless, the stocks have fallen -94.70% over the past one year. While a 52-week high of $62.91 was reached on 01/02/24, a 52-week low of $0.30 was recorded on 05/24/24. SMA at 50 days reached $0.3954, while 200 days put it at $0.4805. A total of 1.91 million shares were traded, compared to the trading of 2.64 million shares in the previous session.

Levels Of Support And Resistance For BETR Stock

The 24-hour chart illustrates a support level at 0.5047, which if violated will result in even more drops to 0.4671. On the upside, there is a resistance level at 0.5654. A further resistance level may holdings at 0.5885. The Relative Strength Index (RSI) on the 14-day chart is 74.96, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0471, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.64%. Stochastics%K at 92.54% indicates the stock is a selling.

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