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 $63,314 were sold by Kneafsey Brian on Jun 23 ’25. At $3.17 per share, Kneafsey Brian sold 20,000 shares. The insider’s holdings dropped to 806,598 shares worth approximately $2.59 million following the completion of this transaction.
Also, Kneafsey Brian purchased 20,000 shares, netting a total of over 63,315 in proceeds.
Before that, Kneafsey Brian had sold 45,000 shares from its account. In a trade valued at $145,269, the Head of Revenue traded Blend Labs Inc shares for $3.23 each. Upon closing the transaction, the insider’s holdings decreased to 45,000 shares, worth approximately $2.65 million.
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
On last trading session,, Blend Labs Inc [NYSE: BLND] plunged -4.46% to $3.21. The stock’s lowest price that day was $3.21, but it reached a high of $3.375 in the same session. During the last five days, there has been a surge of approximately 2.23%. Over the course of the year, Blend Labs Inc shares have jumped approximately 40.17%. 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 3.15, which, if violated, would cause prices to drop to 3.09. In the upper region, resistance lies at 3.32. The next price resistance is at 3.44. RSI (Relative Strength Index) is 39.27 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 steep in short interest on 2025-05-30 dropping by -0.8 million shares to 8.53 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 9.32 million shares. A decline of -9.34% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.29 of the overall float, the days-to-cover ratio (short ratio) decline to 3.29.
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 56.25% from the previous closing price of $3.36. 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.
