The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Blend Labs Inc shares valued at $90,830 were sold by Kneafsey Brian on Jul 15 ’25. At $3.63 per share, Kneafsey Brian sold 25,000 shares. The insider’s holdings dropped to 721,598 shares worth approximately $2.54 million following the completion of this transaction.
Also, Kneafsey Brian sold 20,000 shares, netting a total of over 68,438 in proceeds. Following the sale of shares at $3.42 each, the insider now holds 746,598 shares.
Before that, Kneafsey Brian had added 25,000 shares to its account. In a trade valued at $90,829, the Officer bought Blend Labs Inc shares for $3.63 each.
As published in their initiating research note from JMP Securities on December 18, 2024, Blend Labs Inc [BLND] has been a Mkt outperform and the price target has been revised to $7. Analysts at Canaccord Genuity upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid August. As of August 09, 2024, William Blair has increased its “Mkt perform” rating to a “an Outperform” for BLND. Earlier on December 20, 2023, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for BLND stock which previously was a “an Equal weight”.
Analyzing BLND Stock Performance
The stock’s lowest price that day was $3.495, but it reached a high of $3.615 in the same session. During the last five days, there has been a drop of approximately -1.40%. Over the course of the year, Blend Labs Inc shares have jumped approximately 25.71%. Shares of the company reached a 52-week high of $4.32 on 01/02/25 and a 52-week low of $2.79 on 03/04/25.
Support And Resistance Levels for Blend Labs Inc (BLND)
According to the 24-hour chart, there is a support level at 3.47, which, if violated, would cause prices to drop to 3.42. In the upper region, resistance lies at 3.59. The next price resistance is at 3.66. RSI (Relative Strength Index) is 53.70 on the 14-day chart, showing neutral technical sentiment.
Is Blend Labs Inc subject to short interest?
Stocks of Blend Labs Inc saw a sharp rise in short interest on 2025-06-13 jumping by 64991.0 shares to 7.9 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 7.83 million shares. A jump of 0.82% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.63 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.63.
Which companies own the most shares of Blend Labs Inc (BLND)?
In terms of Blend Labs Inc share price expectations, FactSet research, analysts set an average price target of 5.25 in the next 12 months, up nearly 49.15% from the previous closing price of $3.52. Analysts anticipate Blend Labs Inc stock to reach 5.25 by 2025, with the lowest price target being 5.25. In spite of this, 3 analysts ranked Blend Labs Inc stock as Buy at the end of 2025. On November 14, 2022, Keefe Bruyette assigned a price target of “a Mkt perform” to the stock and upgraded coverage with a $2.25.
