loanDepot (LDI) president Walsh sells $142,289 in shares

Published 04/09/2025, 21:46
loanDepot (LDI) president Walsh sells $142,289 in shares

loanDepot, Inc. (NYSE:LDI) President of LDI Mortgage, Jeff Alexander Walsh, sold 70,000 shares of Class A Common Stock on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $2.0327, resulting in a total transaction value of $142,289. The stock, which currently trades at $2.28, has shown strong momentum with a 24% return over the past six months, according to InvestingPro data.

The prices for the sales ranged from $2.00 to $2.08. Following the transaction, Walsh directly owns 3,861,502 shares of loanDepot, Inc. The company currently maintains a Fair financial health score according to InvestingPro, which has identified multiple key factors affecting the stock’s outlook, including high price volatility and recent analyst downgrades. Discover comprehensive analysis and 11 additional ProTips available in the Pro Research Report.

In other recent news, LoanDepot Inc. reported its second-quarter 2025 earnings, revealing a larger-than-expected loss per share of $0.06, which was significantly below the forecasted loss of $0.02. The company also reported revenue of $282.54 million, falling short of the expected $321.66 million. These results reflect a 200% negative surprise in earnings, raising concerns among investors about the company’s financial performance. Additionally, LoanDepot completed a private offering of $150 million in secured term notes through its subsidiary, loanDepot GMSR Master Trust. The proceeds from this offering were used to partially pay down a previously issued variable funding note. In other developments, BTIG initiated coverage on LoanDepot with a Neutral rating, noting the company’s status as a top-20 mortgage lender with $26 billion in trailing 12-month origination volume and a servicing portfolio of $118 billion. These recent developments provide a snapshot of LoanDepot’s current financial and operational activities.

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