<div id="readability-page-1"><p>Blend Labs, Inc. (NYSE:BLND - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $2.99, but opened at $3.06. Blend Labs shares last traded at $3.0550, with a volume of 866,513 shares.</p><h2>Wall Street Analyst Weigh In</h2><p>BLND has been the subject of a number of recent research reports. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of Blend Labs in a research report on Wednesday, October 8th. Wall Street Zen raised Blend Labs from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Sunday. Keefe, Bruyette &amp; Woods cut their price target on Blend Labs from $4.00 to $3.75 and set a &#34;market perform&#34; rating on the stock in a research note on Friday, August 8th. Canaccord Genuity Group  reaffirmed a &#34;buy&#34; rating and set a $5.25 price objective on shares of Blend Labs in a research report on Tuesday, October 28th. Finally, UBS Group dropped their target price on Blend Labs from $3.50 to $3.00 and set a &#34;neutral&#34; rating on the stock in a report on Monday, November 10th. One research analyst  has rated the stock with a Strong Buy rating, four have assigned  a Buy rating, two have given a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, Blend Labs presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $4.80.</p><p><b>View Our Latest Stock Report on BLND</b></p><h2>Blend Labs Stock Up 2.5%</h2><p>The stock has a market cap of $796.13 million, a PE ratio of -30.55 and a beta of 1.23. The stock's fifty day moving average price is $3.51 and its 200 day moving average price is $3.47. </p><h2>Insider Buying and Selling</h2><p>In other Blend Labs news, insider Brian Kneafsey sold 25,000 shares of Blend Labs stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $3.34, for a total value of $83,500.00. Following the completion of the sale, the insider owned 687,909 shares of the company's stock, valued at approximately $2,297,616.06. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Corporate insiders own  35.52% of the company's stock. </p><h2>Institutional Investors Weigh In On Blend Labs</h2><p>Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in  Blend Labs by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 17,586,601 shares of the company's stock worth $58,915,000 after buying an additional 775,091 shares during the last quarter.  ShawSpring Partners LLC boosted its holdings in shares of  Blend Labs by 10.4% during the 3rd quarter. ShawSpring Partners LLC now owns 9,840,605 shares of the company's stock valued at $35,918,000 after acquiring an additional 929,566 shares during the last quarter.  Whitebark Investors LP grew its stake in shares of  Blend Labs by 14.7% in the third quarter. Whitebark Investors LP now owns 5,566,198 shares of the company's stock worth $20,317,000 after acquiring an additional 712,315 shares during the period.  Metavasi Capital LP grew its stake in shares of  Blend Labs by 15.6% in the first quarter. Metavasi Capital LP now owns 5,554,101 shares of the company's stock worth $18,606,000 after acquiring an additional 750,000 shares during the period.  Finally, EdgePoint Investment Group Inc. raised its holdings in shares of  Blend Labs by 28.2% during the first quarter. EdgePoint Investment Group Inc. now owns 3,318,924 shares of the company's stock valued at $11,118,000 after purchasing an additional 729,512 shares during the last quarter. 52.56% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Blend Labs</h2> (Get Free Report)<p>Blend Labs, Inc engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Blend Labs</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>Why a 20-Second Flight Test Could Unlock Billions for Vertical</li><li>What is a SEC Filing?</li><li>3 Smart Defensive Stocks for an Uneasy Market</li><li>Compound Interest and Why It Matters When Investing</li><li>These 3 Stocks Are Using Buybacks to Signal Market Confidence</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Blend Labs Right Now?</h2><p>Before you consider Blend Labs, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blend Labs wasn't on the list.</p><p>While Blend Labs currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BLND

<p>Blend Labs (NYSE:BLND) shares experienced a gap up, opening at $3.06 from a previous close of $2.99. The stock last traded at $3.0550 with a volume of 866,513 shares. Analysts have mixed ratings on BLND, with a consensus rating of 'Moderate Buy' and a price target of $4.80. Insider trading and institutional investments are also highlighted, with corporate insiders owning 35.52% of the stock.</p>

Blend Labs (NYSE:BLND) Shares Gap Up - Should You Buy?