FOA Chief Investment Officer Jeremy Prahm Sells $60K of Stock
Key Points
- Chief Investment Officer Jeremy Prahm sold 5,610 shares of Finance of America Companies Inc. at $10.74 per share on October 19, 2026.
- The planned sale reduced Prahm's holdings by 3.6% down to 150,246 shares.
- Finance of America is scheduled to report its next earnings on November 3, 2026.
Since the trade, $FOA is down 1.6% to date (from the $11.16 close on Oct 19, 2026).
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Finance of America Companies Inc. (NYSE:FOA) Chief Investment Officer Jeremy Prahm sold 5,610 shares of the company on October 19, 2026. The transaction was disclosed in a Form 4 filed with the Securities and Exchange Commission. The shares were sold at a price of $10.74 each, for a total value of $60,265.42.
Inside Jeremy Prahm's Finance of America Trade
The sale was executed under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Prahm directly held 150,246 shares of the company, cutting his stake by about 3.6%. The stock closed at $11.02 on October 16, 2026, and recently traded around $11.24 on October 21, 2026, putting the recent price up about 2.0% since the event close.
Other Institutional Activity in Finance of America
Other major holders adjusted their positions ahead of the period. Beach Point Capital Management LP trimmed its holdings by 35,813 shares, ending with 891,993 shares valued at about $9,794,082. Brigade Capital Management, LP grew its holdings by 123,479 shares for a 78.7% increase, ending with 280,476 shares worth about $3,079,626. American Century Companies Inc added 14,181 shares, growing its stake 8.8% to 174,786 shares worth about $1,919,150. Cooperman, Leon G. held steady with 1,286,068 shares worth about $14,121,026, while Purpose Unlimited Inc. kept its stake at 110,021 shares valued at about $1,208,030.
Finance of America Companies Inc. Stock Down 19.8%
The stock recently traded around $11.24 as of October 21, 2026. The company has a beta of 1.66.
Recent Earnings
For its trailing twelve months, the company reported revenue of $336.99 million and earnings per share of -$0.34. The net margin sat at -0.1% with a return on equity of -9.9%. The next earnings release is scheduled for November 3, 2026.
Dividend
The company maintains a dividend payout ratio of 0.0%.
Insider Buying and Selling at Finance of America Companies Inc.
Insider transactions included several prior sales by executives. Chief Investment Officer Jeremy Prahm sold 6,000 shares at $16.82 on September 8, 2026, for $100,916. Prahm sold another 6,000 shares at $13.98 on September 21, 2026, for $83,876. President Kristen N Sieffert sold 750 shares at $12.53 on October 1, 2026, for $9,398. Prahm also sold 6,000 shares at $13.20 on October 5, 2026, for $79,202.
Analysts Set New Price Targets
On August 5, 2026, B. Riley Securities reiterated its Buy rating on the stock while raising its price target from $25.00 to $32.00.
About Finance of America Companies Inc.
Finance of America operates as a financial service holding company offering home equity-based financing options geared toward modern retirement. Its operations focus on retirement solutions and portfolio management, providing reverse mortgage loans, loan securitization, and asset management services.
Bottom Line
Investors will look toward the upcoming earnings release on November 3, 2026, for further clues on business performance. Monitoring future SEC filings will show whether executives continue adjusting their equity stakes.
Source: Jeremy Prahm's Form 4 filing on $FOA (Oct 19, 2026). Written by software, not financial advice. How we make alerts