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Blend Labs, Inc. (BLND)

USD1.72 -0.07 (-3.65%)
US NYSE Technology Software - Application
Address 415 Kearny Street 94108
Novato, CA, US
CEO Nima Ghamsari
Website blend.com
IPO 2021-07-16
CIK 1855747 ISIN US09352U1088

Explore sections of this company profile

Description

Established in 2012 and headquartered in San Francisco, California, Blend Labs, Inc. provides cloud-hosted software platforms tailored for financial institutions across the United States. The company's operations are divided into two key divisions: Blend Platform and Title365. It offers a wide array of white-label solutions catering to diverse consumer financial needs, such as home mortgages, home equity loans and lines of credit, vehicle financing, personal loans, credit cards, and deposit account management. Additionally, Blend Labs supplies a specialized suite of tools designed to streamline the entire homeownership process for individuals, covering aspects like loan closing, income validation for mortgages, property insurance, and real estate services. The firm also conducts title examination processes for insurance policies, manages escrow, handles closing and settlement services, and performs various trustee duties, alongside delivering expert professional and advisory services. Its clientele encompasses a broad spectrum of financial entities, including banks, credit unions, financial technology firms, and independent mortgage providers.

News Sentiment (7d)
66 Positive

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD1.72 -0.07 (-3.65%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
1.10
Float Shares
220.39M
Free Float %
86.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.74% -3.42% -4.08% -17.54% -54.66% -53.62% -61.16% +27.03% -93.25% -93.25% -93.25%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (12 ratings, all time) Buy
Price Targets & DCF
Current price
1.72
Low 2.00 +16.6%
Consensus 2.75 +60.3%
Median 2.75 +60.3%
High 3.50 +104.1%
Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 4 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter 1
2.00
+16.6%
Last Year 1
2.00
+16.6%
All Time 6
5.33
+210.8%
Quality scores
Altman Z-Score
-10.02
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    -23.7% Q1'26: +15.2% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    +58.3% Q1'26: +11.8% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    -3.1% Q1'26: +20.2% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    -0.7% Q1'26: -14.3% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    -1.4% Q1'26: -36.1% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    +2.0% Q1'26: -1.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    54.73× Q1'26: -16.80× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 72% × Ke + 28% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.72
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
1 EPS Ana.
Dec 2027
4 Rev. Ana.
2 EPS Ana.
Dec 2028
3 Rev. Ana.
1 EPS Ana.
Revenue
234.50M
est: 366.60M (-36.0%)
235.20M
est: 237.39M (-0.9%)
156.85M
est: 152.12M (+3.1%)
162.02M
est: 161.99M (+0.0%)
123.59M
est: 122.96M (+0.5%)
131.77M
130.04M – 133.98M
+7.2% YoY
148.23M
146.28M – 150.71M
+12.5% YoY
168.16M
163.01M – 173.30M
+13.4% YoY
EBITDA
-182.94M
est: -263.94M (+30.7%)
-726.85M
est: -170.91M (-325.3%)
-143.21M
est: -87.18M (-64.3%)
-31.74M
est: -92.83M (+65.8%)
2.94M
est: -70.46M (+104.2%)
-75.51M
-76.78M – -74.52M
-7.2% YoY
-84.94M
-86.37M – -83.83M
-12.5% YoY
-96.36M
-99.31M – -93.41M
-13.4% YoY
EBIT
-196.75M
est: -277.97M (+29.2%)
-741.26M
est: -180.00M (-311.8%)
-148.97M
est: -91.93M (-62.0%)
-36.56M
est: -97.89M (+62.7%)
-878.0K
est: -74.31M (+98.8%)
-79.63M
-80.97M – -78.58M
-7.2% YoY
-89.58M
-91.08M – -88.40M
-12.5% YoY
-101.62M
-104.73M – -98.51M
-13.4% YoY
Net Income
-171.34M
est: -125.35M (-36.7%)
-768.61M
est: -171.41M (-348.4%)
-185.32M
est: -125.48M (-47.7%)
-49.60M
est: -17.69M (-180.4%)
-8.06M
est: 5.31M (-251.8%)
14.02M
13.74M – 14.29M
+164.1% YoY
25.96M
25.45M – 26.46M
+85.2% YoY
36.34M
35.63M – 37.04M
+40.0% YoY
SGA
212.88M
est: 299.10M (-28.8%)
224.37M
est: 193.68M (+15.8%)
130.82M
est: 117.78M (+11.1%)
86.61M
est: 125.42M (-30.9%)
79.19M
est: 95.20M (-16.8%)
102.02M
100.68M – 103.73M
+7.2% YoY
114.76M
113.25M – 116.68M
+12.5% YoY
130.19M
126.20M – 134.18M
+13.4% YoY
EPS
-0.74
est: -0.49 (-49.9%)
-3.28
est: -0.67 (-388.0%)
-0.76
est: -0.48 (-57.2%)
-0.24
est: -0.07 (-252.2%)
-0.10
est: 0.02 (-589.1%)
0.05
0.05 – 0.06
+164.1% YoY
0.10
0.10 – 0.10
+85.2% YoY
0.14
0.14 – 0.14
+40.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 1/5 4/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-10.03M
OE per share TTM
-0.04
Owner's Yield
-2.42%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
10.3%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
42
Total invested
16.89M
Insider transactions (90d)
1
Beneficial owners (>5%)
39
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Brian N. Sheth 57.39M 18.60% 57.39M 57.39M IN 2024-05-06
2 Haveli Investments, L.P. 57.26M 18.50% 57.26M 57.26M PN 2024-05-06
3 L.P. 57.26M 18.50% 57.26M 57.26M PN 2024-05-06
4 LLC 57.26M 18.50% 57.26M 57.26M OO 2024-05-06
5 Whanau Interests LLC 57.26M 18.50% 57.26M 57.26M OO 2024-05-06
6 Barry Eggers 23.21M 10.70% 23.13M IN 2022-02-14
7 Peter Y. Nieh 23.21M 10.70% 23.13M IN 2022-02-14
8 Ravi Mhatre 23.21M 10.70% 23.13M IN 2022-02-14
9 Charles P. Coleman III 19.90M 9.20% 19.90M 19.90M HC, IN United States 2022-02-14
10 Scott Shleifer 19.90M 9.20% 19.90M 19.90M HC, IN United States 2022-02-14
11 Tiger Global Management, LLC 19.90M 9.20% 19.90M 19.90M IA, OO United States 2022-02-14
12 GHAMSARI 17.82M 7.57% 17.82M 17.82M IN 2022-02-14
13 (1) BlackRock, Inc. 17.68M 7.10% HC Delaware 2024-10-22
14 Tiger Global Performance, LLC 16.28M 7.50% 16.28M 16.28M OO United States 2022-02-14
15 13G 16.22M 7.50% 16.22M 13.00 OO 2022-02-14
16 Lightspeed General Partner IX, L.P. 14.82M 6.80% 14.82M PN 2022-02-14
17 Lightspeed Ultimate General Partner IX, Ltd. 14.82M 6.80% 14.82M OO 2022-02-14
18 Lightspeed Venture Partners IX, L.P. 14.82M 6.80% 14.82M PN 2022-02-14
19 The Vanguard Group - 23-1945930 14.27M 6.34% 96.5K IA Pennsylvania 2023-02-09
20 Fullerton Management Pte Ltd 11.88M 5.50% 11.88M 11.88M HC Republic of Singapore 2022-02-14
21 GAP Coinvestments IV, LLC 11.43M 5.50% 11.43M 11.43M OO Delaware 2021-07-29
22 General Atlantic (BL), L.P. 11.43M 5.50% 11.43M 11.43M PN Delaware 2021-07-29
23 General Atlantic (Lux) S.à r.l. 11.43M 5.50% 11.43M 11.43M CO Luxembourg 2021-07-29
24 General Atlantic GenPar, L.P. 11.43M 5.50% 11.43M 11.43M PN Delaware 2021-07-29
25 General Atlantic Partners (Lux) SCSp 11.43M 5.50% 11.43M 11.43M PN Luxembourg 2021-07-29
26 Joe Lonsdale 11.02M 5.10% 11.02M 11.02M IN 2022-02-14
27 Coatue Management, L.L.C. 8.99M 4.10% 8.99M 8.99M IA, OO 2022-02-14
28 Philippe Laffont 8.99M 4.10% 8.99M 8.99M HC, IN 2022-02-14
29 8VC Co-Invest Fund I, L.P. 8.32M 3.80% 8.32M 8.32M PN 2022-02-14
30 8VC Co-Invest GP I, LLC 8.32M 3.80% 8.32M 8.32M OO 2022-02-14
31 Lightspeed General Partner Select, L.P. 6.05M 2.80% 6.05M PN 2022-02-14
32 Lightspeed Ultimate General Partner Select, Ltd. 6.05M 2.80% 6.05M OO 2022-02-14
33 Lightspeed Venture Partners Select, L.P. 6.05M 2.80% 6.05M PN 2022-02-14
34 8VC Opportunities Fund II, L.P. 2.70M 1.20% 2.70M 2.70M PN 2022-02-14
35 8VC Opportunities GP II, LLC 2.70M 1.20% 2.70M 2.70M OO 2022-02-14
36 Lightspeed General Partner Select III, L.P. 2.26M 1.00% 2.26M PN 2022-02-14
37 Lightspeed Venture Partners Select III, L.P. 2.26M 1.00% 2.26M PN 2022-02-14
38 Ltd. 2.26M 1.00% 2.26M OO 2022-02-14
39 Coatue US 36 LLC 0.00% OO 2022-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
42
-158 vs prev Q
New positions
10
Closed positions
162
Increased
21
Reduced
8
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 CYPRESS POINT INVESTMENT MANAGEMENT LP 11.85M +11.8M (+100.0%) 36.02B +36.0B (+100.0%) 4.56% +4.563 pp 7.75% +7.745 pp USD3.04 +0.0% 1 qtrs NEW
2 HAVELI INVESTMENT MANAGEMENT LLC 10.85M +10.8M (+100.0%) 32.98B +33.0B (+100.0%) 4.18% +4.179 pp 100.00% +100.000 pp USD3.04 +0.0% 1 qtrs NEW
3 EP WEALTH ADVISORS, LLC 228.5K +228.5K (+100.0%) 694.75M +694.8M (+100.0%) 0.09% +0.088 pp 0.00% +0.004 pp USD3.04 +0.0% 1 qtrs NEW
4 LIGHTSPEED MANAGEMENT COMPANY, L.L.C. 23.13M +— (+0.0%) 70.31M -14.1M (-16.7%) 8.91% -0.014 pp 5.03% -21.183 pp USD4.21 -27.8% 5 qtrs
5 VANGUARD GROUP INC 17.87M -135.4K (-0.8%) 54.32M -11.4M (-17.3%) 6.88% -0.063 pp 0.00% 0.000 pp USD3.68 -17.4% 18 qtrs
6 BLACKROCK, INC. 16.35M -514.1K (-3.0%) 49.71M -11.9M (-19.3%) 6.30% -0.209 pp 0.00% 0.000 pp USD3.77 -19.4% 6 qtrs
7 SHAWSPRING PARTNERS LLC 9.02M -816.5K (-8.3%) 27.43M -8.5M (-23.6%) 3.48% -0.321 pp 5.17% -0.175 pp USD3.59 -15.3% 16 qtrs
8 METAVASI CAPITAL LP 6.39M -336.4K (-5.0%) 19.41M -5.1M (-20.9%) 2.46% -0.134 pp 7.91% +0.498 pp USD2.44 +24.6% 13 qtrs
9 DIVISADERO STREET CAPITAL MANAGEMENT, LP 5.70M +1.6M (+38.6%) 17.33M +2.3M (+15.4%) 2.20% +0.609 pp 0.81% +0.156 pp USD3.26 -6.7% 4 qtrs
10 STATE STREET CORP 5.66M +112.3K (+2.0%) 17.21M -3.0M (-15.0%) 2.18% +0.040 pp 0.00% 0.000 pp USD2.99 +1.7% 18 qtrs
11 WHITEBARK INVESTORS LP 5.07M -496.9K (-8.9%) 15.41M -4.9M (-24.1%) 1.95% -0.195 pp 9.28% -0.390 pp USD3.79 -19.8% 5 qtrs
12 GEODE CAPITAL MANAGEMENT, LLC 4.93M -139.4K (-2.8%) 14.99M -3.5M (-19.0%) 1.90% -0.057 pp 0.00% 0.000 pp USD2.73 +11.4% 18 qtrs
13 EMERGENCE GP PARTNERS, LLC 4.24M +— (+0.0%) 12.90M -2.6M (-16.7%) 1.63% -0.003 pp 8.37% +0.800 pp USD2.55 +19.2% 9 qtrs
14 IRENIC CAPITAL MANAGEMENT LP 3.11M +3.1M (+100.0%) 9.47M +9.5M (+100.0%) 1.20% +1.200 pp 0.64% +0.637 pp USD3.04 +0.0% 1 qtrs NEW
15 CITADEL ADVISORS LLC 2.43M +1.5M (+164.1%) 7.40M +4.0M (+120.0%) 0.94% +0.582 pp 0.00% +0.001 pp USD3.34 -9.0% 18 qtrs
16 GOLDMAN SACHS GROUP INC 2.37M +174.8K (+8.0%) 7.21M -808.9K (-10.1%) 0.91% +0.066 pp 0.00% 0.000 pp USD3.60 -15.6% 18 qtrs
17 JANE STREET GROUP, LLC 2.01M +1.3M (+179.6%) 6.11M +3.5M (+132.9%) 0.77% +0.496 pp 0.00% +0.001 pp USD3.20 -5.0% 17 qtrs
18 ROYCE & ASSOCIATES LP 1.98M +306.9K (+18.4%) 6.01M -86.5K (-1.4%) 0.76% +0.117 pp 0.06% +0.000 pp USD3.76 -19.1% 5 qtrs
19 NORTHERN TRUST CORP 1.88M -165.0K (-8.1%) 5.70M -1.7M (-23.4%) 0.72% -0.065 pp 0.00% 0.000 pp USD3.55 -14.4% 18 qtrs
20 PROSPECT CAPITAL ADVISORS, LLC 1.82M +— (+0.0%) 5.53M -1.1M (-16.7%) 0.70% -0.001 pp 2.85% -0.589 pp USD3.57 -14.8% 3 qtrs
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.81M -35.8K (-1.9%) 5.50M -1.2M (-18.3%) 0.70% -0.015 pp 0.00% 0.000 pp USD3.11 -2.3% 18 qtrs
22 MARSHALL WACE, LLP 1.74M +284.5K (+19.5%) 5.30M -24.2K (-0.5%) 0.67% +0.109 pp 0.00% -0.001 pp USD3.29 -7.6% 8 qtrs
23 POTRERO CAPITAL RESEARCH LLC 1.66M +1.7M (+100.0%) 5.05M +5.0M (+100.0%) 0.64% +0.640 pp 1.70% +1.700 pp USD3.04 +0.0% 1 qtrs NEW
24 TUDOR INVESTMENT CORP ET AL 1.47M +173.6K (+13.4%) 4.48M -265.4K (-5.6%) 0.57% +0.066 pp 0.01% +0.000 pp USD3.50 -13.1% 18 qtrs
25 WHETSTONE CAPITAL ADVISORS, LLC 1.17M +1.2M (+100.0%) 3.56M +3.6M (+100.0%) 0.45% +0.451 pp 1.11% +1.111 pp USD3.04 +0.0% 1 qtrs NEW
26 1.07M +1.1M (+100.0%) 3.25M +3.2M (+100.0%) 0.41% +0.411 pp 2.74% +2.737 pp USD3.04 +0.0% 1 qtrs NEW
27 PANAGORA ASSET MANAGEMENT INC 1.00M +35.1K (+3.6%) 3.05M -483.0K (-13.7%) 0.39% +0.013 pp 0.01% -0.003 pp USD3.37 -9.8% 3 qtrs
28 QUBE RESEARCH & TECHNOLOGIES LTD 921.4K -833.5K (-47.5%) 2.80M -3.6M (-56.3%) 0.35% -0.322 pp 0.00% -0.004 pp USD3.72 -18.3% 11 qtrs
29 RICE HALL JAMES & ASSOCIATES, LLC 882.6K +48.8K (+5.9%) 2.68M -360.3K (-11.8%) 0.34% +0.018 pp 0.15% -0.018 pp USD3.62 -16.0% 2 qtrs
30 ESSEX INVESTMENT MANAGEMENT CO LLC 749.0K -16.3K (-2.1%) 2.28M -516.3K (-18.5%) 0.29% -0.007 pp 0.35% -0.080 pp USD3.70 -17.8% 6 qtrs
31 J. GOLDMAN & CO LP 741.9K -4.6M (-86.1%) 2.26M -17.3M (-88.4%) 0.29% -1.776 pp 0.06% -0.431 pp USD2.76 +10.1% 14 qtrs
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 699.9K -814.2K (-53.8%) 2.13M -3.4M (-61.5%) 0.27% -0.315 pp 0.00% 0.000 pp USD3.60 -15.6% 17 qtrs
33 PANORAMIC CAPITAL, LLC 697.7K +37.7K (+5.7%) 2.12M -288.1K (-12.0%) 0.27% +0.014 pp 1.14% +0.056 pp USD4.02 -24.4% 5 qtrs
34 BANK OF NEW YORK MELLON CORP 583.6K -32.4K (-5.3%) 1.77M -474.1K (-21.1%) 0.22% -0.013 pp 0.00% 0.000 pp USD2.62 +16.0% 16 qtrs
35 CINCTIVE CAPITAL MANAGEMENT LP 556.0K -84.9K (-13.3%) 1.69M -649.1K (-27.7%) 0.21% -0.033 pp 0.09% -0.020 pp USD3.65 -16.7% 2 qtrs
36 FRANKLIN RESOURCES INC 552.1K -94.4K (-14.6%) 1.68M -681.5K (-28.9%) 0.21% -0.037 pp 0.00% 0.000 pp USD3.71 -18.1% 6 qtrs
37 MILITIA CAPITAL PARTNERS, LP 550.0K +550.0K (+100.0%) 1.67M +1.7M (+100.0%) 0.21% +0.212 pp 0.62% +0.618 pp USD3.04 +0.0% 1 qtrs NEW
38 PERIGON WEALTH MANAGEMENT, LLC 498.9K +— (+0.0%) 1.52M -304.3K (-16.7%) 0.19% 0.000 pp 0.03% -0.010 pp USD3.30 -7.9% 3 qtrs
39 NUVEEN, LLC 467.6K -29.0K (-5.8%) 1.42M -391.0K (-21.6%) 0.18% -0.012 pp 0.00% 0.000 pp USD3.34 -9.0% 4 qtrs
40 XTX TOPCO LTD 425.7K +216.8K (+103.7%) 1.29M +531.5K (+69.7%) 0.16% +0.083 pp 0.03% -0.006 pp USD3.17 -4.1% 13 qtrs
41 UBS GROUP AG 412.0K +95.6K (+30.2%) 1.25M +97.7K (+8.5%) 0.16% +0.037 pp 0.00% +0.000 pp USD3.38 -10.1% 8 qtrs
42 SWISS NATIONAL BANK 403.3K +8.2K (+2.1%) 1.23M -216.1K (-15.0%) 0.16% +0.003 pp 0.00% 0.000 pp USD3.73 -18.5% 6 qtrs
43 BARCLAYS PLC 397.2K -10.6K (-2.6%) 1.21M -321.7K (-21.0%) 0.15% -0.004 pp 0.00% 0.000 pp USD3.54 -14.1% 8 qtrs
44 KAZAZIAN ASSET MANAGEMENT, LLC 385.4K +385.4K (+100.0%) 1.17M +1.2M (+100.0%) 0.15% +0.148 pp 1.23% +1.234 pp USD3.04 +0.0% 1 qtrs NEW
45 MORGAN STANLEY 381.9K -376.3K (-49.6%) 1.16M -1.6M (-58.0%) 0.15% -0.145 pp 0.00% 0.000 pp USD3.54 -14.1% 18 qtrs
46 D. E. SHAW & CO., INC. 357.4K +296.3K (+484.9%) 1.09M +863.6K (+387.1%) 0.14% +0.114 pp 0.00% +0.001 pp USD3.14 -3.2% 2 qtrs
47 ALLEN OPERATIONS LLC 344.8K +— (+0.0%) 1.05M -210.3K (-16.7%) 0.13% 0.000 pp 0.13% -0.019 pp USD13.48 -77.4% 18 qtrs
48 INVESCO LTD. 342.2K +48.5K (+16.5%) 1.04M -31.6K (-3.0%) 0.13% +0.019 pp 0.00% +0.000 pp USD3.70 -17.8% 15 qtrs
49 VERITION FUND MANAGEMENT LLC 334.8K +36.4K (+12.2%) 1.02M -71.4K (-6.6%) 0.13% +0.014 pp 0.00% -0.001 pp USD3.32 -8.4% 3 qtrs
50 RUSSELL INVESTMENTS GROUP, LTD. 320.8K -10.6K (-3.2%) 975.3K -234.4K (-19.4%) 0.12% -0.004 pp 0.00% 0.000 pp USD3.78 -19.6% 6 qtrs
51 BANK OF AMERICA CORP /DE/ 319.0K -1.0M (-76.2%) 969.9K -3.9M (-80.2%) 0.12% -0.394 pp 0.00% 0.000 pp USD3.56 -14.6% 17 qtrs
52 UBS ASSET MANAGEMENT AMERICAS INC 302.8K +5.8K (+2.0%) 920.5K -163.5K (-15.1%) 0.12% +0.002 pp 0.00% +0.000 pp USD3.67 -17.2% 6 qtrs
53 LIGHTHOUSE INVESTMENT PARTNERS, LLC 298.3K +51.8K (+21.0%) 906.7K +7.0K (+0.8%) 0.11% +0.020 pp 0.03% 0.000 pp USD3.44 -11.6% 5 qtrs
54 GSA CAPITAL PARTNERS LLP 274.4K -3.9K (-1.4%) 834.0K -182.0K (-17.9%) 0.11% -0.002 pp 0.07% -0.013 pp USD3.34 -9.0% 13 qtrs
55 TWO SIGMA INVESTMENTS, LP 249.8K -319.8K (-56.1%) 759.4K -1.3M (-63.5%) 0.10% -0.124 pp 0.00% -0.002 pp USD3.54 -14.1% 9 qtrs
56 RHUMBLINE ADVISERS 243.4K -85.7K (-26.0%) 740.0K -461.2K (-38.4%) 0.09% -0.033 pp 0.00% 0.000 pp USD2.69 +13.0% 15 qtrs
57 ALLIANCEBERNSTEIN L.P. 241.6K +— (+0.0%) 734.4K -147.4K (-16.7%) 0.09% 0.000 pp 0.00% +0.000 pp USD2.41 +26.1% 7 qtrs
58 LEGAL & GENERAL GROUP PLC 241.3K +477.0 (+0.2%) 733.4K -145.4K (-16.5%) 0.09% +0.000 pp 0.00% +0.000 pp USD3.57 -14.8% 7 qtrs
59 LEGATO CAPITAL MANAGEMENT LLC 239.9K +21.2K (+9.7%) 729.4K -69.0K (-8.6%) 0.09% +0.008 pp 0.06% -0.024 pp USD3.65 -16.7% 6 qtrs
60 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 234.7K -12.9K (-5.2%) 713.3K -190.1K (-21.0%) 0.09% -0.005 pp 0.00% 0.000 pp USD2.90 +4.8% 7 qtrs
61 WELLS FARGO & COMPANY/MN 229.9K +78.4K (+51.8%) 698.9K +146.1K (+26.4%) 0.09% +0.030 pp 0.00% +0.000 pp USD3.11 -2.3% 18 qtrs
62 MASSAR CAPITAL MANAGEMENT, LP 220.0K +— (+0.0%) 668.8K -134.2K (-16.7%) 0.08% 0.000 pp 0.07% -0.034 pp USD3.65 -16.7% 2 qtrs
63 CYPRESS POINT WEALTH MANAGEMENT, LLC 215.8K -2.9K (-1.3%) 656.2K -142.2K (-17.8%) 0.08% -0.001 pp 0.14% -0.018 pp USD4.25 -28.5% 17 qtrs
64 DEUTSCHE BANK AG\ 211.0K -343.8K (-62.0%) 641.6K -1.4M (-68.3%) 0.08% -0.133 pp 0.00% -0.001 pp USD4.04 -24.8% 7 qtrs
65 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 202.3K +17.1K (+9.3%) 614.9K -60.8K (-9.0%) 0.08% +0.007 pp 0.00% 0.000 pp USD3.59 -15.3% 7 qtrs
66 HUNTLEIGH ADVISORS, INC. 182.6K +9.6K (+5.5%) 555.0K -76.4K (-12.1%) 0.07% +0.004 pp 0.09% -0.014 pp USD3.97 -23.4% 5 qtrs
67 GROUP ONE TRADING, L.P. 178.6K -83.3K (-31.8%) 543.0K -413.0K (-43.2%) 0.07% -0.032 pp 0.00% -0.001 pp USD3.62 -16.0% 4 qtrs
68 CRESCENT PARK MANAGEMENT, L.P. 137.3K +61.6K (+81.4%) 417.4K +141.1K (+51.1%) 0.05% +0.024 pp 0.26% +0.144 pp USD3.35 -9.3% 4 qtrs
69 SEI INVESTMENTS CO 130.0K +118.2K (+1,001.6%) 395.2K +352.2K (+817.5%) 0.05% +0.046 pp 0.00% +0.000 pp USD3.14 -3.2% 6 qtrs
70 MOUNT LUCAS MANAGEMENT LP 128.0K -72.0K (-36.0%) 389.1K -340.9K (-46.7%) 0.05% -0.028 pp 0.16% -0.144 pp USD3.30 -7.9% 3 qtrs
71 AQR CAPITAL MANAGEMENT LLC 127.9K -502.2K (-79.7%) 388.8K -1.9M (-83.1%) 0.05% -0.194 pp 0.00% -0.001 pp USD3.60 -15.6% 6 qtrs
72 PRICE T ROWE ASSOCIATES INC /MD/ 122.0K +7.4K (+6.4%) 371.0K -48.0K (-11.5%) 0.05% +0.003 pp 0.00% +0.000 pp USD3.73 -18.5% 6 qtrs
73 STATE OF WISCONSIN INVESTMENT BOARD 108.9K +90.6K (+494.0%) 331.1K +264.2K (+394.7%) 0.04% +0.035 pp 0.00% +0.001 pp USD3.12 -2.6% 6 qtrs
74 ZURCHER KANTONALBANK (ZURICH CANTONALBANK) 105.4K +25.3K (+31.6%) 320.6K +28.0K (+9.6%) 0.04% +0.010 pp 0.00% +0.000 pp USD3.51 -13.4% 6 qtrs
75 KINGSVIEW WEALTH MANAGEMENT, LLC 98.7K +13.3K (+15.6%) 299.9K -11.5K (-3.7%) 0.04% +0.005 pp 0.00% 0.000 pp USD1.70 +78.8% 13 qtrs
76 METLIFE INVESTMENT MANAGEMENT, LLC 91.6K -37.5K (-29.1%) 278.3K -192.8K (-40.9%) 0.04% -0.015 pp 0.00% -0.001 pp USD3.21 -5.3% 7 qtrs
77 JACOBS LEVY EQUITY MANAGEMENT, INC 88.7K +88.7K (+100.0%) 269.8K +269.8K (+100.0%) 0.03% +0.034 pp 0.00% +0.001 pp USD3.04 +0.0% 1 qtrs NEW
78 JANUS HENDERSON GROUP PLC 85.1K +— (+0.0%) 259.1K -51.9K (-16.7%) 0.03% 0.000 pp 0.00% +0.000 pp USD3.75 -18.9% 6 qtrs
79 DIVERSIFIED TRUST CO 83.5K +8.4K (+11.1%) 253.8K -20.4K (-7.4%) 0.03% +0.003 pp 0.00% -0.001 pp USD3.27 -7.0% 3 qtrs
80 RAYMOND JAMES FINANCIAL INC 82.9K -6.0K (-6.7%) 251.9K -72.4K (-22.3%) 0.03% -0.002 pp 0.00% +0.000 pp USD4.11 -26.0% 5 qtrs
81 JPMORGAN CHASE & CO 82.1K -34.6K (-29.7%) 249.5K -176.4K (-41.4%) 0.03% -0.013 pp 0.00% +0.000 pp USD3.70 -17.8% 18 qtrs
82 PFG ADVISORS 79.0K +3.7K (+4.9%) 240.0K -34.7K (-12.6%) 0.03% +0.001 pp 0.01% +0.000 pp USD3.72 -18.3% 6 qtrs
83 INTECH INVESTMENT MANAGEMENT LLC 75.5K -9.1K (-10.8%) 229.4K -79.2K (-25.7%) 0.03% -0.004 pp 0.00% -0.001 pp USD3.84 -20.8% 6 qtrs
84 PRELUDE CAPITAL MANAGEMENT, LLC 73.7K +21.7K (+41.7%) 224.0K +34.2K (+18.0%) 0.03% +0.008 pp 0.02% +0.002 pp USD3.47 -12.4% 2 qtrs
85 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 70.5K -363.0K (-83.7%) 214.5K -1.4M (-86.4%) 0.03% -0.140 pp 0.00% -0.022 pp USD3.34 -9.0% 4 qtrs
86 QUADRANT PRIVATE WEALTH MANAGEMENT, LLC 69.5K -5.9K (-7.8%) 211.3K -63.9K (-23.2%) 0.03% -0.002 pp 0.03% -0.016 pp USD4.15 -26.7% 5 qtrs
87 STRS OHIO 64.5K +— (+0.0%) 196.1K -39.3K (-16.7%) 0.02% +0.000 pp 0.00% 0.000 pp USD3.96 -23.2% 6 qtrs
88 VIRTU FINANCIAL LLC 63.8K +49.8K (+356.6%) 194.0K +143.0K (+280.4%) 0.02% +0.019 pp 0.01% +0.005 pp USD3.17 -4.1% 2 qtrs
89 CRESSET ASSET MANAGEMENT, LLC 61.0K +— (+0.0%) 185.4K -37.2K (-16.7%) 0.02% +0.000 pp 0.00% 0.000 pp USD1.01 +201.0% 11 qtrs
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 60.8K -10.4K (-14.6%) 184.8K -75.1K (-28.9%) 0.02% -0.004 pp 0.00% 0.000 pp USD2.41 +26.1% 7 qtrs
91 QUANTINNO CAPITAL MANAGEMENT LP 60.6K +45.8K (+311.3%) 184.1K +130.4K (+242.6%) 0.02% +0.018 pp 0.00% +0.000 pp USD3.11 -2.3% 3 qtrs
92 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 59.3K +— (+0.0%) 180.3K -36.2K (-16.7%) 0.02% +0.000 pp 0.00% 0.000 pp USD4.12 -26.2% 5 qtrs
93 SG AMERICAS SECURITIES, LLC 58.5K +25.3K (+76.2%) 178.0K +57.0K (+47.1%) 0.02% +0.010 pp 0.00% 0.000 pp USD3.39 -10.3% 8 qtrs
94 MILLENNIUM MANAGEMENT LLC 56.8K -959.4K (-94.4%) 172.7K -3.5M (-95.3%) 0.02% -0.370 pp 0.00% -0.002 pp USD3.46 -12.1% 18 qtrs
95 ARIZONA STATE RETIREMENT SYSTEM 56.8K -3.5K (-5.8%) 172.7K -47.4K (-21.5%) 0.02% -0.001 pp 0.00% 0.000 pp USD3.73 -18.5% 6 qtrs
96 BREVAN HOWARD CAPITAL MANAGEMENT LP 55.7K -79.5K (-58.8%) 169.2K -324.0K (-65.7%) 0.02% -0.031 pp 0.00% 0.000 pp USD3.36 -9.5% 8 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 62 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR Dow Jones International Real Estate ETF RWX 1.27% 3.51M 0.59%
2 State Street SPDR S&P Software & Services ETF XSW 0.72% 3.14M 0.35%
3 State Street SPDR Dow Jones Global Real Estate ETF RWO 0.34% 4.32M 0.50%
4 Global X - FinTech ETF FINX 0.08% 136.2K 0.68%
5 iShares Micro-Cap ETF IWC 0.07% 1.04M 0.60%
6 Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF GSSC 0.04% 422.1K 0.20%
7 State Street SPDR Portfolio Europe ETF SPEU 0.04% 253.7K 0.07%
8 State Street SPDR Portfolio Developed World ex-US ETF SPDW 0.03% 11.73M 0.03%
9 Vanguard Russell 2000 Growth ETF VTWG 0.02% 333.9K 0.06%
10 Invesco RAFI US 1500 Small-Mid ETF PRFZ 0.02% 542.5K 0.34%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.80
Neutral
Ratio by volume
2.27
Bullish
Buys
12
Sells
15
Shares acquired
3.27M
Shares disposed
1.44M
Cash buys
Cash sales
3.00
Net activity
+1,828,016
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-29 Thomson Matthew Christopher Officer Restricted Stock Units 1,600,000 0.00 0 D
2026-02-24 Tkach Oxana Officer S-Sale D Class A Common Stock 5,625 1.59 9.0K 96,238 D
2026-02-20 Venkatramani Srinivasan Officer F-InKind D Class A Common Stock 117,488 1.72 202.1K 207,512 D
2026-02-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 12,500 0.00 50,000 D
2026-02-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 31,250 0.00 125,000 D
2026-02-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 125,000 0.00 500,000 D
2026-02-18 Ling Winnie Officer A-Award A Restricted Stock Units 313,312 0.00 313,312 D
2026-02-18 Ghamsari Nima Director / Officer A-Award A Restricted Stock Units 913,832 0.00 913,832 D
2026-01-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 3.06 76.4K 649,824 D
2026-01-07 Tkach Oxana Officer S-Sale D Class A Common Stock 2,500 3.09 7.7K 77,017 D
2025-12-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 3.06 76.5K 674,824 D
2025-12-03 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 533,888 3.09 1.65M 10,848,873 I
2025-12-02 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 345,404 3.09 1.07M 10,314,985 I
2025-12-01 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 430,531 3.14 1.35M 9,969,581 I
2025-11-26 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 15,090 3.10 46.8K 9,539,050 I
2025-11-24 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 54,844 3.05 167.1K 9,523,960 I
2025-11-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 25,000 0.00 175,000 D
2025-11-20 Ling Winnie Officer M-Exempt A Class A Common Stock 31,250 0.00 411,881 D
2025-11-20 Kneafsey Brian Officer M-Exempt A Class A Common Stock 75,000 0.00 737,909 D
2025-11-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 125,000 0.00 625,000 D
2025-11-19 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 1,088,738 3.03 3.30M 9,469,116 I
2025-11-18 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 293,459 3.05 894.0K 8,380,378 I
2025-11-17 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 2.99 74.7K 662,909 D
2025-11-17 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 796,753 2.99 2.38M 8,086,919 I
2025-11-14 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 704,259 3.01 2.12M 7,290,166 I
2025-11-13 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 653,936 3.09 2.02M 6,585,907 I
2025-11-12 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 953,634 3.05 2.91M 5,931,971 I
2025-11-11 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 600,308 3.00 1.80M 4,978,337 I
2025-11-10 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 701,110 2.98 2.09M 4,378,029 I
2025-10-29 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 371,000 0.00 6,428,300 D
2025-10-27 Ream Jason Officer A-Award A Restricted Stock Units 2,200,000 0.00 2,200,000 D
2025-10-20 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.50 14.0K 380,631 D
2025-10-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 3.34 83.5K 687,909 D
2025-10-02 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.58 14.3K 384,631 D
2025-09-18 Ling Winnie Officer S-Sale D Class A Common Stock 6,500 4.30 27.9K 388,631 D
2025-09-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 4.36 109.1K 712,909 D
2025-09-05 Woersching Eric H. Director S-Sale D Class A Common Stock 20,000 4.01 80.1K 30,000 D
2025-09-05 Tkach Oxana Officer S-Sale D Class A Common Stock 101,429 4.00 406.0K 52,780 D
2025-09-05 Ling Winnie Officer S-Sale D Class A Common Stock 17,500 4.00 70.1K 395,131 D
2025-09-04 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.51 14.0K 412,631 D
2025-08-22 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.50 14.0K 416,631 D
2025-08-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 12,500 0.00 75,000 D
2025-08-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 50,000 0.00 0 D
2025-08-20 Kneafsey Brian Officer M-Exempt D Restricted Stock Units 75,000 0.00 150,000 D
2025-08-20 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 222,449 2.96 658.5K 3,676,919 I
2025-08-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 125,000 0.00 750,000 D
2025-08-19 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 292,643 3.00 877.7K 3,454,470 I
2025-08-18 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 38,585 2.97 114.7K 3,161,827 I
2025-08-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 2.87 71.9K 696,598 D
2025-08-14 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 311,886 2.90 904.5K 5,754,051 D
2025-08-07 Ream Jason 0 0.00 0
2025-08-07 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.62 14.5K 372,018 D
2025-07-24 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.59 14.4K 376,018 D
2025-07-15 Kneafsey Brian Officer S-Sale D Class A Common Stock 25,000 3.63 90.8K 721,598 D
2025-07-14 Kneafsey Brian Officer S-Sale D Class A Common Stock 20,000 3.42 68.4K 746,598 D
2025-07-10 Ling Winnie Officer S-Sale D Class A Common Stock 4,000 3.54 14.2K 380,018 D
2025-07-07 Kneafsey Brian Officer S-Sale D Class A Common Stock 20,000 3.46 69.2K 766,598 D
2025-07-03 Ling Winnie Officer S-Sale D Class A Common Stock 8,000 3.50 28.0K 384,018 D
2025-06-30 Kneafsey Brian Officer S-Sale D Class A Common Stock 20,000 3.31 66.2K 786,598 D
2025-06-23 Kneafsey Brian Officer S-Sale D Class A Common Stock 20,000 3.17 63.3K 806,598 D
2025-06-16 Kneafsey Brian Officer S-Sale D Class A Common Stock 45,000 3.23 145.3K 826,598 D
2025-06-13 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 75,720 0.00 3,127,385 D
2025-06-12 Woersching Eric H. Director M-Exempt A Class A Common Stock 50,000 0.00 50,000 D
2025-06-12 Sullivan Bryan Edmund Director M-Exempt D Restricted Stock Units 50,000 0.00 0 D
2025-06-12 Mayopoulos Timothy J Director M-Exempt D Restricted Stock Units 50,000 0.00 0 D
2025-06-12 Lantz Erin N Director M-Exempt A Class A Common Stock 50,000 0.00 87,760 D
2025-06-12 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 44,130 0.00 3,203,105 D
2025-06-12 Chen Gerald C. Director M-Exempt D Restricted Stock Units 50,000 0.00 0 D
2025-06-11 Woersching Eric H. Director A-Award A Restricted Stock Units 50,000 0.00 50,000 D
2025-06-11 Sullivan Bryan Edmund Director A-Award A Restricted Stock Units 50,000 0.00 50,000 D
2025-06-11 Mayopoulos Timothy J Director A-Award A Restricted Stock Units 50,000 0.00 50,000 D
2025-06-11 Lantz Erin N Director A-Award A Restricted Stock Units 50,000 0.00 50,000 D
2025-06-11 Chen Gerald C. Director A-Award A Restricted Stock Units 50,000 0.00 50,000 D
2025-06-10 Woersching Eric H. Director M-Exempt A Class A Common Stock 50,000 0.00 50,000 D
2025-06-10 Sullivan Bryan Edmund Director M-Exempt A Class A Common Stock 50,000 0.00 50,000 D
2025-06-10 Mayopoulos Timothy J Director M-Exempt A Class A Common Stock 50,000 0.00 381,130 D
2025-06-10 Lantz Erin N Director M-Exempt A Class A Common Stock 50,000 0.00 87,760 D
2025-06-10 Chen Gerald C. Director M-Exempt D Restricted Stock Units 50,000 0.00 0 D
2025-05-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 12,500 0.00 87,500 D
2025-05-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 50,000 0.00 50,000 D
2025-05-20 Kneafsey Brian Officer M-Exempt D Restricted Stock Units 75,000 0.00 225,000 D
2025-05-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 93,750 0.00 656,250 D
2025-05-20 Ghamsari Nima Director / Officer M-Exempt A Class A Common Stock 125,000 0.00 6,262,688 D
2025-03-13 Tkach Oxana Officer A-Award A Performance-based Restricted Stock Units 250,000 0.00 250,000 D
2025-03-13 Ling Winnie Officer D-Return D Performance-based Restricted Stock Units 600,000 0.00 0 D
2025-03-13 Jafari Amir Officer A-Award A Performance-based Restricted Stock Units 1,300,000 0.00 1,300,000 D
2025-03-13 Ghamsari Nima Director / Officer A-Award A Restricted Stock Units 1,000,000 0.00 1,000,000 D
2025-03-10 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 1,062,317 3.09 3.28M 3,123,242 I
2025-03-07 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 1,416,037 3.05 4.32M 2,060,925 I
2025-03-06 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 587,149 3.05 1.79M 644,888 I
2025-03-05 Haveli Investments, L.P. Director / 10% Owner P-Purchase A Class A Common Stock 57,739 2.99 172.6K 57,739 I
2025-02-20 Tkach Oxana Officer M-Exempt A Class A Common Stock 25,000 0.00 110,930 D
2025-02-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 25,000 0.00 0 D
2025-02-20 Kneafsey Brian Officer F-InKind D Class A Common Stock 28,325 3.99 113.0K 823,434 D
2025-02-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 37,500 0.00 75,000 D
2025-02-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 375,000 0.00 3,750,000 D
2025-02-06 Ling Winnie Officer S-Sale D Class A Common Stock 15,000 4.01 60.2K 303,781 D
2025-01-29 Venkatramani Srinivasan Officer A-Award A Restricted Stock Units 1,300,000 0.00 1,300,000 D
2025-01-28 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 3.73 112.0K 776,759 D
2025-01-23 Ling Winnie Officer S-Sale D Class A Common Stock 10,000 3.73 37.3K 318,781 D
2025-01-21 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 3.59 107.7K 806,759 D
2025-01-14 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 3.41 102.2K 836,759 D
2025-01-07 Ling Winnie Officer S-Sale D Class A Common Stock 15,000 3.74 56.1K 328,781 D
2025-01-07 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 3.73 111.8K 866,759 D
2024-12-31 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 4.27 128.2K 896,759 D
2024-12-30 Ling Winnie Officer S-Sale D Class A Common Stock 5,000 4.20 21.0K 343,781 D
2024-12-27 Venkatramani Srinivasan 0 0.00 0
2024-12-24 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 4.40 132.0K 926,759 D
2024-12-23 Tkach Oxana Officer S-Sale D Class A Common Stock 4,247 4.37 18.6K 84,430 D
2024-12-20 Ling Winnie Officer F-InKind D Class A Common Stock 102,100 4.70 479.9K 348,781 D
2024-12-20 Kneafsey Brian Officer M-Exempt D Performance-based Restricted Stock Units 100,000 0.00 300,000 D
2024-12-20 Jafari Amir Officer M-Exempt D Performance-based Restricted Stock Units 250,000 0.00 750,000 D
2024-12-17 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 5.05 151.5K 907,439 D
2024-12-10 Ling Winnie Officer S-Sale D Class A Common Stock 15,000 5.07 76.1K 250,881 D
2024-12-10 Kneafsey Brian Officer S-Sale D Class A Common Stock 30,000 5.12 153.6K 937,439 D
2024-12-06 Mayopoulos Timothy J Director S-Sale D Class A Common Stock 56,490 5.50 310.8K 331,130 D
2024-11-25 Tkach Oxana Officer S-Sale D Class A Common Stock 18,324 5.18 94.8K 88,677 D
2024-11-21 Ling Winnie Officer S-Sale D Class A Common Stock 5,000 5.07 25.3K 265,881 D
2024-11-20 Tkach Oxana Officer M-Exempt A Class A Common Stock 1,500 0.00 90,151 D
2024-11-20 Mayopoulos Timothy J Director S-Sale D Class A Common Stock 42,721 5.00 213.6K 387,620 D
2024-11-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 50,000 0.00 150,000 D
2024-11-20 Kneafsey Brian Officer F-InKind D Class A Common Stock 38,011 4.97 188.9K 967,439 D
2024-11-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 37,500 0.00 112,500 D
2024-11-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 375,000 0.00 4,125,000 D
2024-11-14 Ling Winnie Officer S-Sale D Class A Common Stock 15,000 4.40 65.9K 234,169 D
2024-11-12 Mayopoulos Timothy J Director S-Sale D Class A Common Stock 88,311 4.66 411.8K 430,341 D
2024-10-24 Ling Winnie Officer S-Sale D Class A Common Stock 10,000 3.42 34.2K 249,169 D
2024-10-10 Ling Winnie Officer S-Sale D Class A Common Stock 20,000 3.43 68.6K 259,169 D
2024-09-26 Ling Winnie Officer S-Sale D Class A Common Stock 10,000 4.06 40.6K 279,169 D
2024-09-23 Tkach Oxana Officer S-Sale D Class A Common Stock 4,303 3.98 17.1K 88,651 D
2024-09-20 Tkach Oxana Officer F-InKind D Class A Common Stock 1,889 3.98 7.5K 92,954 D
2024-09-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 5,625 0.00 0 D
2024-09-12 Ling Winnie Officer S-Sale D Class A Common Stock 20,000 3.33 66.7K 286,416
2024-08-30 Tkach Oxana Officer S-Sale D Class A Common Stock 23,749 3.71 88.1K 88,700
2024-08-20 Tkach Oxana Officer F-InKind D Class A Common Stock 8,150 3.97 32.4K 112,449
2024-08-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 25,000 0.00 50,000
2024-08-20 Kneafsey Brian Officer M-Exempt D Restricted Stock Units 75,000 0.00 450,000
2024-08-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 37,500 0.00 150,000
2024-08-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 375,000 0.00 4,500,000
2024-08-14 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 1,000,000 0.00 5,131,600
2024-07-15 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 475,000 0.00 4,247,235
2024-07-12 Jafari Amir Officer P-Purchase A Class A Common Stock 6,666 2.54 16.9K 501,377
2024-06-25 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 553,084 0.00 3,656,600
2024-06-20 Tkach Oxana Officer M-Exempt A Class A Common Stock 6,142 0.00 95,988
2024-06-20 Ling Winnie Officer M-Exempt A Class A Common Stock 5,625 0.00 262,118
2024-06-13 Jafari Amir Officer P-Purchase A Class A Common Stock 6,265 2.66 16.7K 494,711
2024-06-12 Woersching Eric H. 0 0.00 0
2024-06-12 Sullivan Bryan Edmund 0 0.00 0
2024-06-12 Mayopoulos Timothy J Director A-Award A Restricted Stock Units 50,000 0.00 50,000
2024-06-12 Lantz Erin N Director A-Award A Restricted Stock Units 27,760 0.00 27,760
2024-06-12 Chen Gerald C. Director M-Exempt D Restricted Stock Units 27,760 0.00 0
2024-06-10 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 1,000,000 0.00 5,275,319
2024-06-07 Collard Erin James Director M-Exempt D Restricted Stock Units 27,760 0.00 0
2024-06-07 Burnham Ciara Director M-Exempt D Restricted Stock Units 27,760 0.00 0
2024-05-30 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 81,434 2.93 238.9K 2,103,516
2024-05-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 25,000 0.00 325,000
2024-05-20 Ling Winnie Officer F-InKind D Class A Common Stock 27,038 3.16 85.4K 256,493
2024-05-20 Kneafsey Brian Officer M-Exempt A Class A Common Stock 75,000 0.00 908,971
2024-05-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 37,500 0.00 187,500
2024-05-20 Ghamsari Nima Director / Officer F-InKind D Class A Common Stock 190,050 3.16 600.6K 184,950
2024-05-14 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 427,237 2.84 1.21M 0
2024-05-13 Jafari Amir Officer P-Purchase A Class A Common Stock 5,585 2.97 16.6K 488,446
2024-05-13 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 709,000 0.00 709,000
2024-04-30 Haveli Investments, L.P. Director / 10% Owner I Warrant (right to buy) 11,111,112 4.50 50.00M 0
2024-04-29 Kneafsey Brian Officer D Class A Common Stock 0 0.00 833,971
2024-04-29 Haveli Investments, L.P. Director / 10% Owner I Class A Common Stock 0 0.00 130,000
2024-04-24 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 100,807 2.45 247.3K 0
2024-04-12 Jafari Amir Officer P-Purchase A Class A Common Stock 6,265 2.65 16.6K 402,716
2024-03-22 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 81,700 2.99 244.3K 34,774
2024-03-20 Tkach Oxana Officer M-Exempt A Class A Common Stock 6,142 0.00 73,711
2024-03-20 Ling Winnie Officer M-Exempt A Class A Common Stock 5,625 0.00 210,559
2024-03-13 Jafari Amir Officer P-Purchase A Class A Common Stock 5,555 3.00 16.7K 396,451
2024-02-23 Ghamsari Nima Director / Officer S-Sale D Class A Common Stock 112,108 2.23 250.2K 116,474
2024-02-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 25,000 0.00 350,000
2024-02-20 Ling Winnie Officer M-Exempt A Class A Common Stock 25,000 0.00 183,980
2024-02-20 Jafari Amir Officer M-Exempt D Restricted Stock Units 37,500 0.00 225,000
2024-02-20 Ghamsari Nima Director / Officer F-InKind D Class A Common Stock 146,418 3.10 453.9K 228,582
2024-02-13 Jafari Amir Officer P-Purchase A Class A Common Stock 6,051 2.61 15.8K 81,610
2024-01-24 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 97,657 0.00 97,657
2024-01-12 Jafari Amir Officer P-Purchase A Class A Common Stock 7,002 2.43 17.0K 75,559
2023-12-22 Ghamsari Nima Director / Officer J-Other A Class A Common Stock 69,853 0.00 111,608
2023-12-20 Tkach Oxana Officer M-Exempt D Restricted Stock Units 6,142 0.00 18,427
2023-12-20 Mayopoulos Timothy J Director M-Exempt A Class A Common Stock 8,333 0.00 490,892
2023-12-20 Ling Winnie Officer F-InKind D Class A Common Stock 2,028 2.28 4.6K 158,980
2023-12-20 Lantz Erin N Director A-Award A Restricted Stock Units 10,000 0.00 10,000
2023-12-20 Collard Erin James Director A-Award A Restricted Stock Units 8,333 0.00 8,333
2023-12-20 Chen Gerald C. Director M-Exempt D Restricted Stock Units 10,000 0.00 0
2023-12-20 Burnham Ciara Director M-Exempt D Restricted Stock Units 10,000 0.00 0
2023-12-13 Jafari Amir Officer P-Purchase A Class A Common Stock 8,547 2.00 17.1K 68,557
2023-11-30 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 69,853 0.00 9,148,009
2023-11-20 Tkach Oxana Officer F-InKind D Class A Common Stock 8,176 1.26 10.3K 46,376
2023-11-20 Ling Winnie Officer M-Exempt D Restricted Stock Units 25,000 0.00 125,000
2023-11-20 Jafari Amir Officer M-Exempt A Class A Common Stock 37,500 0.00 78,603
2023-11-20 Ghamsari Nima Director / Officer M-Exempt D Restricted Stock Units 375,000 0.00 5,625,000
2023-11-13 Jafari Amir Officer P-Purchase A Class A Common Stock 12,610 1.22 15.4K 41,103
2023-10-13 Jafari Amir Officer P-Purchase A Class A Common Stock 14,124 1.21 17.1K 28,493
2023-10-11 Klinger Dean Officer F-InKind D Class A Common Stock 9,132 1.29 11.8K 141,843
2023-09-29 Ghamsari Nima Director / Officer J-Other D Class B Common Stock 111,940 0.00 9,289,290
2023-09-20 Tkach Oxana Officer M-Exempt A Class A Common Stock 6,143 0.00 29,892
2023-09-20 Ling Winnie Officer M-Exempt A Class A Common Stock 5,625 0.00 109,449

Executive team

Top executives
EBIT / Employee
-1.6K
Shares Outstanding
253.86M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Nima Ghamsari Head of Blend, Co-Founder, and Chair 545.0K 12.93M 456.2K 13.93M 92.81%
2 2025 Srinivasan Venkatramani Head of Product, Technology, and Customer Operations 450.0K 8.57M 184.3K 5.0K 9.21M 93.06%
3 2025 Jason Ream Head of Finance and Administration 149.2K 7.81M 96.0K 3.2K 8.06M 96.92%
4 2024 Srinivasan Venkatramani Head of Product, Technology, and Customer Operations 26.0K 1.00M 1.03M 0.00%
5 2024 Nima Ghamsari Head of Blend, Co-Founder, and Chair 545.0K 400.0K 945.0K 0.00%
6 2024 Amir Jafari Head of Finance and Administration 400.0K 220.0K 5.0K 625.0K 0.00%
7 2023 Nima Ghamsari Head of Blend, Co-Founder, and Chair 405.4K 400.0K 6.54M 7.35M 89.04%
8 2023 Amir Jafari Head of Finance and Administration 369.2K 1.00M 3.60M 200.0K 5.0K 5.18M 69.53%
9 2023 Winnie Ling Head of Legal and People 384.2K 1.14M 5.0K 1.53M 74.62%
10 2022 Timothy J. Mayopoulos Former President and current director 500.0K 2.84M 443.1K 3.78M 86.78%
11 2022 Crystal Sumner Former Head of Legal, Compliance, and Risk and Corporate Secretary 450.0K 1.55M 2.00M 77.55%
12 2022 Nima Ghamsari Head of Blend, Co-Founder, and Chair 325.0K 325.0K 0.00%
13 2021 Nima Ghamsari Head of Blend, Co-Founder, and Chair 326.3K 84.74M 85.06M 99.62%
14 2021 Timothy J. Mayopoulos Former President and current director 501.9K 500.0K 5.91M 8.8K 6.92M 85.40%
15 2021 Timothy J. Mayopoulos President and Director 501.9K 500.0K 5.91M 8.8K 6.92M 85.40%
16 2021 Crystal Sumner Head of Legal, Compliance, and Risk and Corporate Secretary 351.3K 25.0K 1.01M 1.61M 2.99M 87.42%
17 2021 Crystal Sumner Former Head of Legal, Compliance, and Risk and Corporate Secretary 351.3K 25.0K 1.01M 1.61M 2.99M 87.42%
18 2020 Timothy J. Mayopoulos President and Director 500.0K 680.0K 144.2K 1.32M 0.00%
19 2020 Crystal Sumner Head of Legal, Compliance, and Risk and Corporate Secretary 350.0K 25.0K 292.4K 667.4K 43.81%
20 2020 Nima Ghamsari Head of Blend, Co-Founder, and Chair 325.0K 325.0K 0.00%
CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-29 DEFA14A
2026-04-29 DEF 14A
2025-04-28 DEFA14A
2025-04-28 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 8-K
2026-05-07 3
2026-05-07 10-Q
2026-04-29 DEFA14A
2026-04-29 DEF 14A
2026-04-29 ARS
2026-03-26 SC 13G/A
2026-03-16 S-8
2026-03-16 10-K
2026-03-10 8-K

Executive team

NameTitleCompensationGender
Nima Ghamsari Co-Founder, Chairman, Chief Executive Officer & Head of Blend 1M male
Srinivasan Venkatramani Head of Product, Technology & Customer Operations 639.3K male
Jason Ream Head of Finance & Administration 457.4K male
Winnie Ling Head of Legal & People 389.2K female
Oxana Tkach Controller & Principal Accounting Officer female
Reva Rao Head of Digital Transformation for Credit Unions female
Meg Nunnally Head of Investor Relations female
Matt Thomson Head of Revenue male
ESG Rating
B
SOFTWARE - APPLICATION
2026
E (Environmental)
57.1 / 66.0
Company / Sector avg.
S (Social)
57.5 / 69.5
Company / Sector avg.
G (Governance)
59.4 / 67.5
Company / Sector avg.
ESG Total
58.0 / 67.7
Company / Sector avg.
ESG Score History SOFTWARE - APPLICATION
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits