Blend Labs head of legal Ling sells $14k in shares

Blend Labs (NYSE:BLND), a fintech company with a market capitalization of $935 million, saw its Head of Legal and People, Winnie Ling, sell 4,000 shares of Class A Common Stock on July 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company appears fairly valued at current levels.

The shares were sold at a price of $3.54, for a total transaction value of $14,160. Following the transaction, Ling directly owns 380,018 shares of Blend Labs. The company maintains strong liquidity with a current ratio of 2.41, and InvestingPro data shows analysts expect the company to turn profitable this year. InvestingPro subscribers have access to 8 additional key insights about BLND’s financial health and future prospects.

The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. Despite recent insider selling, BLND has demonstrated strong performance with positive returns over the last three months, and analysts have recently revised their earnings expectations upward for the upcoming period.

In other recent news, Blend Labs has announced the hiring of Reva Rao as Head of Digital Transformation for Credit Unions, aiming to enhance its offerings to credit unions with her extensive experience in the financial sector. Meanwhile, Covius Services, LLC has entered into a definitive agreement to acquire Title365 from Blend Labs, pending regulatory approvals, which will expand Covius’ title insurance services and technology platform integrations. This acquisition aligns with Covius’ strategy to offer comprehensive tech-enabled products across the mortgage industry and allows Blend Labs to focus on its core software platform.

Analyst firms have also weighed in on Blend Labs’ financial outlook. Keefe, Bruyette & Woods (KBW) raised its price target for Blend Labs to $4.00, citing improved operating income and strategic moves like the potential sale of Title365. In contrast, Citizens JMP maintained a $7.00 price target and a Market Outperform rating, expressing confidence in the company’s growth potential despite a 16% stock price decline this year. Additionally, JMP analysts reiterated their Market Outperform rating with consistent non-GAAP EPS estimates for the upcoming years, projecting significant revenue growth.

These developments highlight ongoing strategic changes and analyst confidence in Blend Labs’ future performance. Investors are closely monitoring these updates, as they reflect Blend Labs’ efforts to streamline operations and maintain a strong position in the financial services industry.

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