Insider Trading November 10, 2026 10:01 PM

Better Home & Finance Director Nicholas Calamari Offloads $13,854 in Stock

The sale of 765 Class A shares comes as the company reports a wider-than-expected quarterly loss and revenue miss.

By Marcus Reed
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Nicholas J. Calamari, a director at Better Home & Finance Holding Co (NASDAQ: BETR), sold 765 shares of Class A Common Stock on November 10, 2026, at prices between $17.96 and $18.29, for a total of $13,854. The weighted average price was $18.11 per share. Following the transaction, Calamari directly holds 67,852 shares. The sale coincides with the company's third-quarter 2026 financial results, which showed an adjusted loss of $1.89 per share versus analysts' estimates of a $1.49 loss, and revenue of $45.1 million compared to the anticipated $51.2 million. Despite the miss, Needham maintained its Buy rating and $22 price target, noting that revenue and loan volume were consistent with pre-announced figures, while adjusted EBITDA was affected by one-time costs related to a proxy contest. The firm expects these costs to decline in the future. The article provides factual details on the insider transaction and the recent financial performance, highlighting ongoing challenges for the company.

Better Home & Finance Director Nicholas Calamari Offloads $13,854 in Stock
BETR
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Key Points

  • Director Nicholas J. Calamari sold 765 shares of Better Home & Finance Holding Co (BETR) for $13,854, at a weighted average price of $18.11, leaving him with 67,852 shares.
  • The company reported a third-quarter 2026 adjusted loss of $1.89 per share, missing estimates of a $1.49 loss, and revenue of $45.1 million versus the expected $51.2 million.
  • Needham maintained a Buy rating and $22 price target, noting that revenue and loan volume were in line with pre-announced figures, while adjusted EBITDA was affected by one-time proxy contest costs.

Nicholas J. Calamari, a director at Better Home & Finance Holding Co (NASDAQ: BETR), sold 765 shares of the company’s Class A Common Stock on November 10, 2026, according to a regulatory filing. The shares were sold at prices ranging from $17.96 to $18.29, for a total value of $13,854. The weighted average price for these transactions was $18.11 per share.

Following these transactions, Mr. Calamari directly holds 67,852 shares of Better Home & Finance Holding Co Class A Common Stock.

The sale comes amid a period of financial scrutiny for Better Home & Finance. In other recent news, the company reported financial results for the third quarter of 2026, revealing a wider-than-expected loss. The company posted an adjusted loss of $1.89 per share, missing analysts’ estimates of a $1.49 loss per share. Revenue also fell short of expectations, coming in at $45.1 million compared to the anticipated $51.2 million.

Despite these results, Needham maintained its Buy rating for the company, with a price target set at $22. The firm noted that third-quarter revenue and loan volume were consistent with pre-announced figures, although adjusted EBITDA was impacted by one-time costs related to a proxy contest. Needham expects these costs to decline in the future.

These developments indicate ongoing challenges for Better Home & Finance, as it continues to navigate its financial landscape. The insider sale and the quarterly results provide a mixed picture for investors, with the company facing headwinds but still receiving analyst support.

Risks

  • The company's wider-than-expected loss and revenue miss could signal ongoing financial challenges, potentially impacting investor confidence and the stock price.
  • The one-time costs related to the proxy contest may continue to affect adjusted EBITDA if they do not decline as expected, putting pressure on profitability.
  • Insider sales, such as the one by Director Calamari, may be interpreted by some investors as a lack of confidence, potentially leading to negative sentiment.

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