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FOA - Finance of America Companies Inc.

Insider Purchase by Cooperman Leon G (10%)

2 Years
After Trade
Before Trade

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Trade Summary

1 year ago, Cooperman Leon G, serving as 10% owner at Finance of America Companies Inc. (FOA), purchased 242,297 shares at $16.10 per share, for a total transaction value of $3,900,891.00. Following this transaction, Cooperman Leon G now holds 12,350 shares of FOA.

This purchase represents a 105.00% decrease in Cooperman Leon G's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, August 27, 2024 and publicly disclosed via SEC Form 4 filing on Tuesday, September 2, 2025, 371 days after the trade was made.

Finance of America Companies Inc. operates in the FINANCIAL SERVICES sector, specifically within the CREDIT SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Cooperman Leon G

10%

Leon G. Cooperman (born April 25, 1943) is an American billionaire investor and hedge fund manager, best known as the founder, chairman, and former CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets, primarily his personal wealth.[[2]](https://en.wikipedia.org/wiki/Leon_Cooperman)[[1]](https://fintel.io/i/cooperman-leon-g) After graduating from Columbia University, he spent 25 years at Goldman Sachs, rising to partner-in-charge of investment research, co-chairman of the investment policy committee, and chairman of Goldman Sachs Asset Management, where he was voted the top portfolio strategist for nine consecutive years.[[2]](https://en.wikipedia.org/wiki/Leon_Cooperman) In 1991, he retired from Goldman to launch Omega Advisors as a private investment partnership, which he converted to a family office in 2016.[[2]](https://en.wikipedia.org/wiki/Leon_Cooperman)[[1]](https://fintel.io/i/cooperman-leon-g) Cooperman currently serves as a director of Finance of America Companies Inc. (FOA) and is identified as a 10% owner, with recent Form 4 filings disclosing multiple purchases of Class A common stock from August 2024 to May 2025, increasing his stake through transactions totaling significant shares at prices between $7.00 and $24.00.[[3]](https://www.stocktitan.net/sec-filings/FOA/form-4-finance-of-america-companies-inc-insider-trading-activity-37f7bafad290.html)[[5]](https://www.investing.com/news/insider-trading-news/leon-cooperman-buys-finance-of-america-foa-stock-worth-11m-93CH-4220535)[[6]](https://www.tradingview.com/news/tradingview:1f55a7a35df86:0-leon-g-cooperman-increases-stake-in-finance-of-america-companies/)[[9]](https://marketchameleon.com/Reports/InsiderTradesByOwner?o=16604) His portfolio, valued at approximately $3.2 billion, includes 41 holdings such as top positions in Mr. Cooper Group Inc. (COOP) and MP Materials Corp.[[1]](https://fintel.io/i/cooperman-leon-g) In 2016-2017, he settled SEC insider trading charges related to Atlas Pipeline Partners for $4.9 million without admitting wrongdoing.[[2]](https://en.wikipedia.org/wiki/Leon_Cooperman)

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Trade Price

$16.10

Quantity

242,297

Total Value

$3,900,891.00

Shares Owned

12,350

Trade Date

Tuesday, August 27, 2024

543 days ago

SEC Filing Date

Tuesday, September 2, 2025

Filed 371 days after trade

FINANCIAL SERVICESCREDIT SERVICES

About Finance of America Companies Inc.

Company Overview

No company information available
View news mentioning FOA

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