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

Blend Labs , Inc. (NYSE:BLND), a $752 million market cap company, saw its Head of Legal and People, Winnie Ling, sell 4,000 shares of Class A Common Stock on August 7, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as InvestingPro data shows the stock has declined over 23% in the past week. The shares were sold at a weighted average price ranging from $3.61 to $3.645, netting approximately $14,476.

Following the transaction, Ling directly owns 372,018 shares of Blend Labs, Inc. The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025.

In other recent news, Blend Labs, Inc. has announced an expanded partnership with Doma Technology, LLC, integrating Doma’s AI-powered instant title decisioning into Blend’s home lending platform. This collaboration aims to expedite closing times and potentially reduce title insurance costs for borrowers. In another significant development, Covius Services, LLC is set to acquire Title365 from Blend Labs, which will enhance Covius’ title insurance services and technology platform integrations. This acquisition is pending regulatory approvals and is expected to conclude in the coming months. Additionally, Blend Labs has appointed Reva Rao as Head of Digital Transformation for Credit Unions, leveraging her extensive experience to enhance the company’s offerings in this sector. Analyst firm Keefe, Bruyette & Woods (KBW) recently raised Blend Labs’ stock target to $4.00, citing improved financial performance and a cleaner outlook. Despite a 5% shortfall in second-quarter revenue guidance, Blend Labs’ non-GAAP operating income exceeded expectations, driven by reduced operating expenses. Furthermore, Citizens JMP maintained a Market Outperform rating and a $7.00 price target for Blend Labs, reflecting continued confidence in the company’s potential.

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