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Haveli Investments, a ten percent owner and director in Blend Labs, Inc. (NYSE:BLND), has recently increased its stake in the company. According to a Form 4 filing with the Securities and Exchange Commission, Haveli Investments executed multiple purchase transactions.
On November 24, 2025, Haveli Investments acquired 54,844 shares of Class A Common Stock at prices ranging from $3.0341 to $3.05, for a total value of $167,064. Then, on November 26, 2025, the firm bought another 15,090 shares at prices between $3.0999 and $3.10, worth $46,786.
Following these transactions, Haveli Investments directly owns 9,539,050 shares of Blend Labs, Inc. Class A Common Stock. Another 130,000 shares are held through a family trust of which Mr. Sheth’s spouse is the trustee.
In other recent news, Blend Labs Inc. reported its third-quarter earnings for 2025, highlighting a slight revenue beat. The company announced a revenue of $32.9 million, just above the forecasted $32.78 million. This development comes amidst Blend Labs’ strategic focus on AI-driven product innovation. Despite the revenue surpassing expectations, the stock experienced a decline, possibly due to investor concerns about future market challenges and competitive pressures. These financial results are part of the company’s ongoing efforts to navigate a complex market environment. The earnings announcement did not include any notable updates on mergers or acquisitions. Additionally, there were no recent analyst upgrades or downgrades reported for Blend Labs. Investors remain attentive to how the company will address these challenges moving forward.
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