TSX lower after index logs fresh record closing high
Blend Labs, Inc. (NYSE:BLND), a $1.1 billion market cap company, saw its Principal Accounting Officer Oxana Tkach sell 101,429 shares of Class A Common Stock on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as the stock has shown strong momentum, gaining nearly 26% in the past week.
The shares were sold at a weighted average price of $4.0026, with prices ranging from $4.00 to $4.005 per share, for a total transaction value of $405,979. Following the transaction, Tkach directly owns 52,780 shares of Blend Labs , Inc. According to InvestingPro data, analysts have set price targets ranging from $3.50 to $7.00, with the company maintaining a "Good" overall financial health score.
The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. For deeper insights into insider trading patterns and 8 additional key investment tips for BLND, check out the comprehensive analysis available on InvestingPro.
In other recent news, Blend Labs has announced a definitive agreement to sell its Title365 unit to Covius Services. The acquisition is pending regulatory approvals and is expected to close in the coming months. This move is anticipated to enhance Covius’ title insurance services and expand its technology platform integrations. In addition, Blend Labs and Doma Technology have expanded their partnership to integrate Doma’s AI-powered instant title decisioning into Blend’s home lending platform. This collaboration aims to accelerate closing times and potentially reduce title insurance costs significantly for borrowers. Meanwhile, Haveli Investments has increased its stake in Blend Labs, as disclosed by Keefe, Bruyette & Woods (KBW). KBW maintained its Market Perform rating and set a price target of $3.75 for Blend Labs. These developments reflect Blend Labs’ ongoing efforts to streamline its operations and enhance its service offerings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.