Major Owner Investing.com Sells $209,267 in Shares to Better Home & Finance

Thor Bjorgolfsson, a significant shareholder in Better Home & Finance Holding Co (NASDAK:BETR), recently sold part of his stake in the company. According to a filing with the Securities and Exchange Commission, Bjorgolfsson sold 16,684 shares of Class A common stock on Dec. 10, 2024. The shares were sold at a weighted average price of $12,543, for a total of approximately $209,267.

Following this transaction, Bjorgolfsson owns 869,478 shares indirectly through various entities, including Novator Capital Sponsor Ltd., NaMa Capital Limited and Livenandro Holdings Limited. The report states that while Bjorgolfsson may have control over these entities, he disclaims beneficial ownership of the shares. The company, with a market capitalization of $183 million, has shown significant revenue growth but faces challenges in terms of profitability, as revealed by additional indicators available at InvestingPro.

This article was generated with AI support and reviewed by editors. Please see our T&C for more information.