Blend Labs head of revenue Kneafsey sells $66,240 in stock

Blend Labs, Inc. NASDAQ:BLND Head of Revenue Brian Kneafsey sold 20,000 shares of Class A Common Stock on June 30, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price ranging from $3.30 to $3.34, with the transaction totaling $66,240. The stock currently trades at $3.42, with InvestingPro analysis indicating the company is fairly valued at current levels.

Following the transaction, Kneafsey directly owns 786,598 shares of Blend Labs, Inc.

The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. The filing was signed by Winnie Ling, Attorney-in-fact, on July 2, 2025.

In other recent news, Blend Labs, Inc. has announced the hiring of Reva Rao as Head of Digital Transformation for Credit Unions, aiming to enhance its offerings in the financial services sector. The company also remains in the spotlight as it continues to hold a Market Outperform rating with a $7.00 price target from Citizens JMP, despite a 16% decline in its stock price year-to-date. Analysts at Citizens JMP expressed confidence in Blend Labs’ potential, following investor meetings with the company’s Head of Finance & Administration. Meanwhile, Keefe, Bruyette & Woods (KBW) has raised its price target for Blend Labs to $4.00, reflecting a cleaner outlook and improved operational efficiency. KBW noted that Blend Labs’ non-GAAP operating income surpassed expectations due to reduced operating expenses, despite a slight shortfall in second-quarter revenue guidance. In addition, Blend Labs is in the process of selling Title365 to Covius Services, LLC, which is expected to streamline its focus on software solutions. Title365 will continue its partnership with Blend, providing integrated services to Blend’s customers post-acquisition. These developments highlight Blend Labs’ strategic moves and the confidence expressed by analysts in its future growth potential.

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