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Kristen N. Sieffert, President of Finance of America Companies Inc. (NYSE:FOA), recently executed a series of stock transactions, according to a Form 4 filing with the Securities and Exchange Commission. On April 1, 2025, Sieffert sold 750 shares of Class A Common Stock at a price of $21.0917 per share, totaling $15,818. This sale was conducted under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stocks. The transaction occurs as FOA shares have shown remarkable strength, posting a 192% return over the past year, with the stock currently trading at $21.55.
In addition to the sale, Sieffert also engaged in several acquisition transactions involving restricted stock units (RSUs). These transactions included the acquisition of 54,428 shares through the exercise of RSUs, all acquired at no cost. These shares are subject to vesting conditions and were adjusted following a reverse stock split effective July 25, 2024. According to InvestingPro analysis, FOA appears undervalued at current levels, trading at an attractive P/E ratio of 11.94. InvestingPro subscribers have access to 8 additional key insights about FOA’s valuation and growth prospects.
These transactions reflect Sieffert’s ongoing management of her equity holdings in the company, balancing between exercising stock units and selling shares. The $532.3 million market cap company has demonstrated strong momentum, with a notable 113.83% price return over the past six months.
In other recent news, Finance of America Companies Inc. reported a net loss of $143 million for the fourth quarter of 2024, despite a significant year-over-year improvement in key financial metrics. The company’s full-year GAAP net income rose by $200 million, with adjusted EPS increasing by 116%. In a move to further its strategic growth, Finance of America appointed Andrew Essex and former U.S. Senator Cory Gardner to its Board of Directors, aiming to enhance its expertise in marketing and public policy. Additionally, Raymond (NSE:RYMD) James raised its price target for Finance of America to $30, maintaining an Outperform rating, based on the company’s positive outlook for first-quarter volumes and results. Conversely, UBS reduced its price target for Finance of America to $25, maintaining a Neutral rating, reflecting a valuation approach consistent with the company’s historical performance. Finance of America also reaffirmed its 2025 adjusted net income guidance, projecting growth driven by increased origination volumes and stable gain on sale margins. The company plans to launch a new marketing platform in the second quarter of 2025, aiming for continued operational improvements and market expansion.
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