Finance of America CIO Jeremy Prahm sells $100,916 in company stock By Investing.com

Jeremy Prahm, Chief investment Officer at Finance of America Companies Inc. (NASDAQ:FOA), recently sold company stock totaling $100,916.

The transaction, which occurred on September 8, 2026, involved the disposition of 6,000 shares of Class A Common Stock. The shares were sold at prices ranging from $16.65 to $16.9750 per share, with a weighted average price of $16.8194. This sale was executed under a Rule 10b5-1 trading plan, which Mr. Prahm adopted on December 22, 2025.The stock has declined since the transaction, currently trading at $15.65, near its 52-week low of $15.77. According to InvestingPro analysis, FOA appears undervalued at current levels, with shares down 34% year-to-date. InvestingPro Tips highlight that the stock is trading near its 52-week low—one of 10 key insights available to subscribers, along with comprehensive Pro Research Reports covering FOA and 1,400+ US equities.

Following this transaction, Mr. Prahm directly holds 167,856 shares of Finance of America Companies Inc. Class A Common Stock.

In other recent news, Finance of America reported its financial results for the second quarter of 2026, which fell short of analyst expectations. The company announced adjusted earnings of $0.84 per share, missing the Wall Street forecast of $1.12 per share. Revenue was reported at $62 million, significantly below the anticipated $128.96 million. Despite these figures, Finance of America reaffirmed its full-year guidance, indicating confidence in its financial outlook. The company’s earnings call highlighted stronger cash generation and higher year-over-year profit, which may have provided some reassurance to investors. These developments come amid an environment where investors closely monitor earnings and revenue figures. Additionally, there were no notable changes in analyst ratings following the earnings report. The recent earnings miss underscores the challenges the company faces in aligning with market expectations.

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