FOA Finance of America Companies Inc. Insider Trading

CFO Matthew Engel bought 10,600 FOA shares at $16.45; holdings up 46.4% to 33,436 shares as stock down 37.4% YTD.

Matthew Engel, Finance of America's Chief Financial Officer, purchased 10,600 shares at $16.45 on 2026-03-13, increasing his holdings by 46.4% from 22,836 to 33,436 shares. This acquisition occurred while the stock trades at $18.29, down 37.4% from its 52-week high of $29.22 and down 20.4% over the trailing 90 days. The company reported a latest quarterly net loss of $-9.5M against $80.8M in revenue, despite underlying revenue growth of 47.1% year-over-year. An insider accumulation of this magnitude (10,600 shares) by a CFO during a period of significant price depreciation and reported losses warrants attention to whether this reflects management's view of intrinsic value or operational concerns requiring scrutiny.

10% owner Cooperman buys 28 FOA shares at $16.10; stock down 39.8% from 52-week high amid -$9.5M quarterly loss.

Leon G. Cooperman purchased 28 shares of Finance of America Companies Inc. at $16.10 on 2026-03-13, maintaining his substantial 1,267,718-share position (1.27M shares). This modest transaction occurs amid material headwinds: the stock has declined 39.8% from its 52-week high of $29.22 and posted a -$9.5M net loss in the latest quarter, contrasting with strong 47.1% annual revenue growth and a market cap of $1.1B. Cooperman's prior five trades at FOA show a 4-of-5 pattern of well-timed purchases, with 90-day returns of +23.5%, +16.8%, +21.9%, and +17.8% following his buys in mid-to-late 2025; however, this current buy arrives after the stock has already deteriorated significantly since those prior transactions. The purchase size (28 shares for $450.80) is negligible relative to his holdings, suggesting this is not a conviction-driven accumulation move, and the timing occurs well into the stock's current decline rather than near a recent inflection point.

Blackstone Tactical Opportunities Fund exits 1.60M shares (100% stake) in Finance of America at $10.00 for $16.0M

Blackstone Tactical Opportunities Fund, a 10% owner, executed 5 separate sales totaling 1,596,144 shares for $15,961,420.00 at $10.00 per share on 2026-02-27, liquidating its entire position to zero holdings. The sales occurred at a $8.85 discount to the current price of $18.85 and a $19.22 discount to the 52-week high of $29.22, indicating the timing was unfavorable relative to recent market valuations. Three prior sales by this insider at Finance of America on 2025-12-04 showed 30-day returns of +124.5%, though 90-day outcomes remain unmeasurable, making it unclear whether this complete exit represents a pattern consistent with prior execution or a departure from it. The company's fundamentals include positive annual revenue growth of +44.4% and a low P/E of 12.01, but the latest quarter posted a net loss of $-9,515,000.00 on revenue of $80,848,000.00, suggesting operational headwinds despite top-line momentum.

Blackstone Tactical Opportunities (10% owner) sells entire 1,596,144-share stake in FOA for $15,961,420 at $10.00/share

Blackstone Tactical Opportunities Associates—a 10% owner—executed 5 separate sales totaling 1,596,144 shares for $15,961,420.00 at $10.00/share on 2026-02-27, entirely liquidating its position. The sale occurs as FOA trades at $18.85 (current market price), 35.5% below its 52-week high of $29.22 and down 19.1% over the past 30 days, suggesting the insider transacted at a significant discount to recent trading ranges. FOA's fundamentals show revenue of $80,848,000.00 and a net loss of $9,515,000.00 in the latest quarter, despite annual revenue growth of 44.4%, indicating profitability pressure despite top-line expansion. Prior sells at this ticker by the same filer (3 instances on 2025-12-04) posted 30-day returns of +124.5%, though timing outcomes at the 90-day mark remain unmeasurable for those trades.

BTO Urban Holdings (10% owner) sold entire 1.60M share stake in FOA at $10.00 ($16.0M), shares now $18.85

BTO Urban Holdings, a 10% holder, executed 5 separate sales on 2026-02-27 totaling 1,596,144 shares for $15,961,420.00 at a blended average price of $10.00, liquidating 100% of its position. The current price of $18.85 represents a 88.5% premium to the transaction price, meaning this major shareholder sold well below current market levels. The stock has declined 19.1% in the past 30 days and 19.6% over 90 days from a 52-week high of $29.22, and the company is unprofitable ($-9.5M net income in the latest quarter) despite 44.4% revenue growth. A complete exit by a 10% holder at prices substantially below current trading levels warrants investor scrutiny of the circumstances—whether this reflects forced or scheduled liquidation, capital reallocation, or other non-market signals.

Blackstone Tactical Opportunities Fund sells 1,596,142 shares (56.9% of holdings) at $10.00 vs. $22.72 current price

Blackstone Tactical Opportunities Fund executed 3 separate sales on 2025-12-04 totaling 1,596,142 shares for $15,961,420.00, reducing its stake from 2,804,268 shares to 1,208,126 shares. The transaction prices of $10.00 per share are substantially below the current market price of $22.72, creating a notable discount between execution and current valuation. This represents a significant reduction in a major 10% owner position at prices that appear materially disconnected from current market levels. The disparity between transaction prices and current price, combined with the magnitude of the stake reduction (56.9%), warrants examination of the execution timing and any other contemporaneous filings or corporate events.

Blackstone Tactical Opportunities Associates sold 1,596,142 shares (56.9% of stake) at $10.00 for $15,961,420.00

Blackstone Tactical Opportunities Associates, a 10% owner, executed 3 separate sales totaling 1,596,142 shares for $15,961,420.00 at $10.00 per share on 2025-12-04, reducing its holding by 56.9% from 2,804,268 shares to 1,208,126 shares post-transaction. The sale price of $10.00 stands significantly below the current price of $22.72 and the 52-week high of $31.54, indicating these shares were sold during a period when the stock was trading well below its recent trading range. The company reported net income of -$9,515,000.00 in its latest quarter despite revenue growth of 44.4% year-over-year, suggesting profitability challenges that may have informed the timing of the substantial exit. This material reduction in a major strategic stakeholder's position warrants scrutiny regarding forward guidance and the sustainability of the company's growth trajectory.

BTO Urban Holdings (10% owner) sold 1,596,142 shares at $10.00 on 2025-12-04 for $15,961,420.00, reducing stake by -56.9%

BTO Urban Holdings executed 3 separate sales totaling 1,596,142 shares (1.60M shares) for $15,961,420.00 ($16.0M) at $10.00 per share, reducing its holdings from 2,804,268 shares to 1,208,126 shares—a -56.9% reduction in stake. The transaction price of $10.00 is substantially below the current market price of $22.72, suggesting these shares were sold far below present valuations, which is unusual for a substantial 10% owner reducing exposure by more than half. With Finance of America Companies reporting $80,848,000.00 in quarterly revenue and negative net income of $-9,515,000.00, the economic context shows a company experiencing top-line growth (+44.4% annual) but operating losses, which may have influenced the significant liquidation decision by a major shareholder.

10% owner Leon Cooperman buys 51,115 shares across 10 transactions (May–Aug 2025) for $1,107,681.94; 5 prior FOA buys all posted positive 90-day returns.

Leon Cooperman, a 10% owner of Finance of America Companies, executed 10 separate open-market purchases totaling 51,115 shares for $1,107,681.94 between May 22 and August 5, 2025, at a blended average price of $21.67, increasing his holdings by 4.2%. His prior trade history at this ticker shows a consistent pattern: all 5 prior buys posted positive 90-day returns, with outcomes ranging from +18.6% to +39.1%, demonstrating precision in timing. His cross-ticker track record also shows strong results—20 prior buys with an 85.00% 90-day win rate and average 90-day return of +62.5%. At current price $26.10, the stock is +25.2% over 30 days and +22.5% over 90 days since the transaction window, extending a pattern where Cooperman's accumulation at FOA has historically preceded material upside.

10% owner Cooperman buys 242,297 shares in 27 tranches for $3.9M blended avg $16.10 over 9 months

LEON G Cooperman, a 10% owner of Finance of America Companies Inc., executed 27 separate open-market purchases totaling 242,297 shares for $3,900,890.68 between August 2024 and May 2025 at a blended average price of $16.10. The purchases span a wide price range from $7.00 to $24.00, with concentrated buying at the $10.00 level (comprising the bulk of August-October 2024 activity) and a secondary wave of accumulation at $20–$21 range in March–May 2025. Post-transaction holdings show 12,350 shares on the books, though pre-transaction holdings appear negative (-229,947 shares), suggesting complex position accounting or derivative positions being closed out. The stock has appreciated 30-day +25.2% and 90-day +22.5% since the filing, trading at $26.10 current price, within 17.2% of its 52-week high of $31.54; the company shows robust fundamentals with 44.4% annual revenue growth, $177.4M latest quarterly revenue, and $34.9M net income.