Financial Metrics Unveiled: Blend Labs Inc (BLND)’s Key Ratios in the Spotlight

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 4.38 million shares were traded.

Ratios:

We take a closer look at BLND’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.44 and its Current Ratio is at 3.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on December 18, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $7.

On August 12, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.75.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 10 ’25 when Haveli Investments, L.P. bought 1,062,317 shares for $3.09 per share. The transaction valued at 3,281,285 led to the insider holds 3,123,242 shares of the business.

Haveli Investments, L.P. bought 1,416,037 shares of BLND for $4,320,754 on Mar 07 ’25. The Director now owns 2,060,925 shares after completing the transaction at $3.05 per share. On Mar 06 ’25, another insider, Haveli Investments, L.P., who serves as the Director of the company, bought 587,149 shares for $3.05 each. As a result, the insider paid 1,790,863 and bolstered with 644,888 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.25.

Stock Price History:

Over the past 52 weeks, BLND has reached a high of $5.53, while it has fallen to a 52-week low of $2.08. The 50-Day Moving Average of the stock is -0.99%, while the 200-Day Moving Average is calculated to be -12.57%.

Shares Statistics:

A total of 254.43M shares are outstanding, with a floating share count of 204.12M. Insiders hold about 21.07% of the company’s shares, while institutions hold 50.54% stake in the company.

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