Onemain Holdings SVP Michael Hedlund sells $160,000 in OMF stock By Investing.com

Michael A. Hedlund, SVP and Group Controller at OneMain Holdings, Inc. (), sold 2,500 shares of the company’s common stock on July 29, 2026. The transaction, executed at a price of $64.0 per share, totaled $160,000.

Following this sale, Mr. Hedlund directly holds 10,627 shares of OneMain Holdings common stock. The transaction was conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Hedlund established on August 8, 2025.The stock currently trades at $62.58, slightly below Hedlund’s sale price. According to InvestingPro analysis, OneMain appears overvalued relative to its Fair Value estimate. The company trades at a P/E ratio of 9.38 while offering a substantial 6.71% dividend yield. InvestingPro subscribers have access to 7 additional exclusive tips and comprehensive Pro Research Reports covering OMF and 1,400+ other US equities.

In other recent news, OneMain Financial reported second-quarter 2026 results that exceeded Wall Street expectations for both earnings and revenue. The company achieved earnings of $1.31 per share, slightly surpassing the anticipated $1.30, and posted revenue of $1.32 billion, which was higher than the forecasted $1.28 billion. These results were accompanied by improving delinquency trends, suggesting potential for lower losses later in the year. In related developments, Citizens increased its price target for OneMain Holdings from $68 to $70, maintaining a Market Outperform rating. The firm attributed this adjustment to continued credit stability and accelerating originations growth following the company’s second-quarter performance. These recent developments reflect positively on OneMain’s financial health and operational progress.

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