Ling, head of legal at Blend Labs, sells $84,093 in BLND stock

Winnie Ling, Head of Legal and People at Blend Labs, Inc. (NYSE:BLND), sold 21,500 shares of Class A Common Stock on September 4th and 5th, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The stock has shown strong momentum recently, gaining nearly 26% in the past week, according to InvestingPro data.

The sales, which totaled $84,093, were executed at weighted average prices ranging from $3.5076 to $4.0036 per share. Specifically, 4,000 shares were sold on September 4th at prices between $3.50 and $3.515, and 17,500 shares were sold on September 5th at prices ranging from $4.00 to $4.005. The stock currently trades at $4.37, suggesting continued upward momentum. InvestingPro analysis indicates the stock is trading above its Fair Value, with analysts setting price targets between $3.50 and $7.00.

Following these transactions, Ling directly owns 395,131 shares of Blend Labs , Inc. The company maintains a healthy financial position with a current ratio of 2.4, earning a "GOOD" overall financial health score from InvestingPro, which offers 8 additional key insights about BLND’s financial outlook. The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025.

In other recent news, Blend Labs has announced several key developments. The company is set to sell its Title365 division to Covius Services, which will enhance Covius’ title insurance services. This acquisition is currently awaiting regulatory approvals and is anticipated to close in the coming months. Additionally, Blend Labs has expanded its partnership with Doma Technology to integrate AI-powered instant title decisioning into its home lending platform, potentially reducing title insurance costs for borrowers by up to 70%.

Furthermore, Haveli Investments has increased its stake in Blend Labs, as reported by Keefe, Bruyette & Woods (KBW), which has maintained its Market Perform rating on the company. These developments reflect Blend Labs’ ongoing efforts to streamline its operations and enhance service offerings. The company’s collaboration with Doma aims to accelerate closing times and offer a more digital end-to-end process for home lending. Meanwhile, the sale of Title365 is expected to broaden Covius’ reach in the title insurance market, benefiting from Title365’s extensive operations across 43 states.

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