Blend Labs Inc’s recent filing unveils that its Officer Kneafsey Brian acquired Company’s shares for reported $63315.0 on Jun 23 ’25. In the deal valued at $3.17 per share,20,000 shares were bought.
Then, Kneafsey Brian sold 45,000 shares, generating $145,269 in total proceeds. Upon selling the shares at $3.23, the Head of Revenue now owns 826,598 shares.
Before that, Kneafsey Brian bought 45,000 shares. Blend Labs Inc shares valued at $145,268 were divested by the Officer at a price of $3.23 per share.
JMP Securities initiated its Blend Labs Inc [BLND] rating to a Mkt outperform in a research note published on December 18, 2024; the price target was $7. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who increased its forecast for the stock in mid August from “a Hold” to “a Buy”. William Blair also remained covering BLND and has increased its forecast on August 09, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Wells Fargo revised its rating on December 20, 2023. It rated BLND as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of BLND
On Monday, Blend Labs Inc [NYSE:BLND] saw its stock jump 3.46%% to $3.29. Over the last five days, the stock has gained 1.86%. Blend Labs Inc shares have risen nearly 40.60% since the year began. Nevertheless, the stocks have fallen -21.85% over the past one year. While a 52-week high of $5.53 was reached on 01/02/25, a 52-week low of $2.08 was recorded on 03/04/25.
Levels Of Support And Resistance For BLND Stock
The 24-hour chart illustrates a support level at 3.17, which if violated will result in even more drops to 3.05. On the upside, there is a resistance level at 3.36. A further resistance level may holdings at 3.43.
How much short interest is there in Blend Labs Inc?
A steep rise in short interest was recorded in Blend Labs Inc stocks on 2025-05-30, dropping by -0.8 million shares to a total of 8.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 9.32 million shares. There was a decline of -9.34%, which implies that there is a negative sentiment for the stock.
