Jafari Amir

Head of Finance buys 6,666 BLND shares at $2.54; stock up 31.4% (30d), 34.2% (90d) from purchase

Jafari Amir, Head of Finance and Admin., purchased 6,666 shares of Blend Labs at $2.54 on 2024-07-12, increasing his holdings to 501,377 shares (a 1.3% increase). The stock has appreciated 31.4% over 30 days and 34.2% over 90 days since the purchase, significantly outperforming his historical 30d average of +6.7% across his cross-ticker portfolio. However, Amir's same-ticker trading history at BLND shows mixed timing: of his 5 prior purchases at this company, only 1 of 3 trades with measurable 90d outcomes were well-timed (a 33% win rate at BLND). Notably, the company remains unprofitable with a net loss of $-20.7M in its latest quarter, revenue declined 33.3% year-over-year, and the stock trades only 2.1% below its 52-week high of $3.29—constraints that may limit upside from these levels.

BLND CFO Jafari Amir bought 6,265 shares at $2.66; stock now down 25.5% from 52-wk high amid unprofitability and -33.3% revenue decline.

Jafari Amir, Head of Finance and Admin., purchased 6,265 shares of Blend Labs at $2.66 on 2024-06-13, bringing holdings to 494,711 shares. However, the transaction occurred in a materially deteriorated context: Blend Labs posted a net income of $-20.7M on revenue of $34.9M for the latest quarter, with annual revenue declining 33.3% versus prior year. At current price of $2.45, the stock trades 25.5% below its 52-week high and is down 21.2% over the past 30 days. While Amir's cross-ticker track record shows an 85.71% 90-day win rate with an average 90-day return of +47.2%, his five prior purchases at BLND itself are mixed: only 2 of 3 measurable prior buys achieved positive 90-day returns, and his most recent purchase on 2024-05-13 is down 11.0% at the 30-day mark. The purchase represents only a 1.3% increase in holdings and occurs during a period of significant operational and market pressure on the company.