Forager fund sells $944,877 of Regional Management Corp. stock

Forager Fund, L.P., a 10% owner and director of Regional Management Corp. (NASDAQ:RM), sold a total of $944,877 worth of common stock over a three-day period from September 15 to September 17, 2026. The shares were sold at prices ranging from $32.19 to $32.26 per share. Despite the insider selling, analysts maintain price targets for Regional Management Corp. ranging from $38.50 to $50, suggesting a potential upside of 34%.

However, the stock is trading near its 52-week low of $30.46, having decreased by 27% over the past year. According to InvestingPro analysis, the stock appears undervalued at the current levels. Forager Fund, L.P.'s beneficial ownership of RM's common stock decreased from 938,601 shares to 929,537 shares following the first sale on September 15, 2026.

After the second sale on September 16, 2026, the ownership stood at 929,537 shares. The third and final sale on September 17, 2026, reduced the ownership to 919,136 shares.