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Director Eric H. Woersching sold 20,000 shares of Blend Labs, Inc. NASDAQ:BLND on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $4.005, for a total transaction value of $80,100. The transaction comes as Blend Labs , currently valued at $1.1 billion, has shown strong momentum with a 26% return over the past week. InvestingPro analysis indicates the stock is trading above its Fair Value.
Following the transaction, Woersching directly owns 30,000 shares of Blend Labs, Inc.
The sale was executed under a Rule 10b5-1 trading plan adopted on March 4, 2025.
In other recent news, Blend Labs has announced several significant developments. The company is set to sell Title365, its national title insurance and settlement services business, to Covius Services, LLC. This acquisition, which is pending regulatory approval, aims to enhance Covius’ title insurance services and expand its technology platform integrations. Additionally, 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 integration is designed to speed up closing times and reduce title insurance costs for borrowers.
In another development, Haveli Investments has increased its stake in Blend Labs, as reported by Keefe, Bruyette & Woods (KBW). Despite this increased stake, KBW has maintained its Market Perform rating and set a price target of $3.75 on Blend Labs. These recent developments reflect Blend Labs’ ongoing efforts to innovate and streamline its services in the financial sector.
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