loandepot executive chair and CEO Hsieh buys $289,270 in stock
Anthony Li Hsieh, the executive chair, CEO, and president of loanDepot, Inc. (NYSE:LDI), made a significant stock purchase on August 26 and 27, 2026. The acquisitions totaled 322,961 shares, valued at $289,270. On August 26, Hsieh bought 284,349 shares at a weighted average price of $0.8898, spread across multiple transactions ranging from $0.8757 to $0.9281.
The following day, he acquired an additional 38,612 shares at a weighted average price of $0.939 per share, with prices between $0.8929 and $0.9500. These share buys come as loanDepot's stock trades at $0.97, marking a 52% decline over the past year. Despite this, the company's Pro Research Report suggests the stock is undervalued, with a Fair Value of $1.16.
Hsieh indirectly beneficially owns 794,427 shares of loanDepot Class A Common Stock through the JLSSAA Trust, over which he holds voting and investment power.
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