Value Investor
Start free

Finance of America Companies

FOA on NYSE. Market value $143m.

Watch this stockFree. We tell you when something changes.

Should I look at this?

Look carefully before going further

Why it could be worth it

Nothing stands out yet.

What to watch out for

Read the warning sign in its own filings

This is not advice.

Compare with another stock

Who owns it

2 long-term investors we follow own it, up from 1 last quarter. 77 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

6 investors own more than 5%.

  • Brian L. Libman
    Insider or founder
    at least 50.8%
    (filed with 1 related holder)
    Since 27 February 2026
  • at least 50.5%
    (filed with 25 related holders)
    Since 4 August 2025
    What they said

    Item 4 of the Schedule 13D is hereby amended and supplemented to add the following at the end thereof: On August 4, 2025, the Issuer entered into a Repurchase Agreement with FoA, Blackstone Tactical Opportunities Associates - NQ L.L.C., BTO Urban Holdings L.L.C., Blackstone…

    Read the filing
  • 15.0%+3.4 pts
    Since 31 March 2026
  • at least 10.8%+2.5 pts
    (filed with 1 related holder)
    Since 31 March 2026
  • Bloom Retirement Holdings Inc.
    Passive investor
    at least 9.5%0.0 pts
    (filed with 1 related holder)
    Since 5 August 2026
  • 9.5%
    Since 31 December 2025
  • BTO Urban Holdings L.L.C.
    Sold down below 5%
    Since 27 February 2026
    What they said

    Item 4(a) of the Schedule 13D is hereby amended to incorporate the following at the end thereof: On February 27, 2026, in connection with consummation of the Second Closing pursuant to the Amended and Restated Repurchase Agreement, the Issuer repurchased from the Reporting…

    Read the filing

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 1 insider bought $174,370 of shares on the open market. 3 sold $2m, $2m of it under preset trading plans.

  • Sieffert Kristen N
    President
    Sold
    under a preset trading plan
    Date
    1 October 2026
    Shares
    750
    Price
    $12.53
    Value
    $9,398
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    21 September 2026
    Shares
    6,000
    Price
    $13.98
    Value
    $83,876
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    8 September 2026
    Shares
    6,000
    Price
    $16.82
    Value
    $100,916
  • Sieffert Kristen N
    President
    Sold
    under a preset trading plan
    Date
    1 September 2026
    Shares
    750
    Price
    $17.55
    Value
    $13,163
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    24 August 2026
    Shares
    6,000
    Price
    $19.87
    Value
    $119,215
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    10 August 2026
    Shares
    6,000
    Price
    $21.73
    Value
    $130,402
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    6 August 2026
    Shares
    6,000
    Price
    $22.26
    Value
    $133,541
  • Sieffert Kristen N
    President
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    750
    Price
    $23.61
    Value
    $17,706
  • Prahm Jeremy
    Chief Investment Officer
    Sold
    under a preset trading plan
    Date
    13 July 2026
    Shares
    6,000
    Price
    $25.60
    Value
    $153,592
  • Sieffert Kristen N
    President
    Sold
    under a preset trading plan
    Date
    1 July 2026
    Shares
    750
    Price
    $27.36
    Value
    $20,518

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

1 serious warning sign in Finance of America Companies’ filings.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 13 Mar 2026, plus the 10-Q filed 7 Aug 2026 and 8 later 8-Ks.

  • Its past accounts can't be relied on

    Serious

    It told the SEC its earlier accounts should no longer be relied on, usually because they contained errors.

    8-K Item 4.02 filed 15 May 2025: the company said its earlier financial statements should no longer be relied on.

    From an 8-K filed 15 May 2025: Previously issued accounts should no longer be relied on. Open the filing

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
Create a free account to run it

Your first deep dive is free.

What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.