Blend Labs (BLND) Head of Blend Nima Ghamsari Sells $26K of Stock

Inside Nima Ghamsari's Blend Labs Trade

Nima Ghamsari, head of Blend Labs, Inc. (NYSE: BLND), sold 27,775 shares of the company on October 19, 2026, according to a Form 4 filing with the SEC. The shares were sold at a price of $0.92 each, for a total value of $25,664.10. This planned sale was executed under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Ghamsari directly holds 7,750,693 shares, which represents a 0.36% decrease in his holdings.

BLND Blend Labs, Inc.

$1.10 ▼ -63.58% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Other Institutional Activity in Blend Labs, Inc.

Other institutional funds made notable changes to their positions earlier in the year. Haveli Investment Management LLC grew its holdings by 7,844,809 shares, ending with 18,693,667 shares worth about $20,563,034. Cypress Point Investment Management LP trimmed its stake by 239,865 shares, leaving it with 14,297,425 shares valued at $15,727,167. Capricorn Fund Managers Ltd boosted its position by 4,814,966 shares to hold 11,314,649 shares worth roughly $12,446,114. Whitebark Investors LP kept its holdings steady at 6,343,497 shares valued at $6,977,846. Citadel Advisors Llc added 370,248 shares, growing its stake to 5,062,868 shares worth about $5,569,154.

Blend Labs, Inc. Stock Up 0.5%

The stock recently traded around $1.03 as of October 21, 2026, up about 4.0% from its close of $0.99 on the transaction date of October 19, 2026.

Recent Earnings

Blend Labs, Inc. operates without a meaningful P/E ratio due to a lack of profitability over the trailing twelve months, posting a negative earnings per share of $0.08. Total revenue for the trailing twelve months reached $129,791,000, accompanied by a year-over-year revenue growth rate of 7.0%. The company reported a return on equity of 2.1% and a net margin of 0.0%. Investors are awaiting the next earnings release, which is scheduled for November 5, 2026.

Insider Buying and Selling at Blend Labs, Inc.

Insider activity prior to this transaction included purchases by L.P. Haveli Investments, which bought 256,928 shares on June 12, 2026, at $1.70 per share for a total of $436,777.60, and another 650,000 shares on June 15, 2026, at $1.72 per share for $1,118,000. Nima Ghamsari also sold 25,098 shares on October 12, 2026, at $0.97 per share, totaling about $24,470.55.

Analysts Set New Price Targets

Wall Street analysts have provided varied ratings on the stock. Citizens reiterated a Market Outperform rating with a $4.00 price target on July 21, 2026. Wells Fargo maintained an Overweight rating while lowering its target from $4.00 to $3.00 on August 7, 2026. Canaccord Genuity maintained a Buy rating and lowered its target from $4.50 to $3.00 on August 13, 2026.

About Blend Labs, Inc.

Blend Labs, Inc. builds cloud-based software platforms that help financial services firms handle digital lending and banking workflows. The company serves clients across the United States, India, and Mexico, aiming to streamline consumer banking applications.

Bottom Line

This planned sale by a key insider comes shortly ahead of the company's next earnings report on November 5, 2026. Observers will monitor upcoming filings to track further insider transactions and institutional adjustments.