Thor Bjorgolfsson, a significant shareholder in Better Home & Finance Holding Co (NASDAQ:BETR), has recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Bjorgolfsson sold 16,684 shares of Class A Common Stock on December 10, 2024. The shares were sold at a weighted average price of $12.543, totaling approximately $209,267.
Following this transaction, Bjorgolfsson holds 869,478 shares indirectly through various entities, including Novator Capital Sponsor Ltd., NaMa Capital Limited, and Livenandro Holdings Limited. The report notes 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 with profitability, as revealed by additional metrics available on InvestingPro.
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