Uxin shares drop 45% as predicted by InvestingPro’s Fair Value model
A group including Director Brian N. Sheth, and entities associated with him, reported purchasing $6.5 million worth of Blend Labs, Inc. NASDAQ:BLND Class A Common Stock. The transactions occurred between November 13 and November 17, 2025. Blend Labs currently has a market capitalization of approximately $771 million and trades at $2.99 per share.
The purchases, all designated with transaction code "P", involved a total of 2,154,948 shares. The price per share ranged from $2.9895 to $3.0928. Specifically, on November 13, 653,936 shares were bought; on November 14, 704,259 shares were bought; and on November 17, 796,753 shares were bought. According to InvestingPro data, these purchase prices are slightly above the platform’s calculated Fair Value for the stock.
Following these transactions, the group including Haveli Brooks Aggregator, L.P. indirectly holds 8,086,919 shares of Blend Labs, Inc. Class A Common Stock. Brian N. Sheth also indirectly holds 130,000 shares through a family trust.InvestingPro analysis shows Blend Labs has strong liquidity with a current ratio of 2.54, and holds more cash than debt on its balance sheet. Despite not being profitable over the last twelve months, analysts expect the company to turn profitable this year. Discover more insights including the comprehensive Pro Research Report for BLND and 1,400+ other US equities on InvestingPro.
In other recent news, Blend Labs Inc. announced its Q3 2025 earnings, reporting a revenue of $32.9 million. This figure slightly exceeded the analysts’ forecast of $32.78 million, highlighting a positive revenue performance for the company. Despite this revenue beat, Blend Labs’ stock faced a decline, suggesting investor apprehension regarding future market challenges and competitive pressures. The company continues to emphasize AI-driven product innovation as part of its strategic focus. These developments indicate ongoing efforts by Blend Labs to navigate the competitive landscape. Investors and analysts will likely keep a close watch on how these strategies unfold in the coming quarters.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.