Grassi Joseph III Buys Shares of LDI $LDI

Key Points

  • Grassi Joseph III bought 44,247 shares of loanDepot, Inc. ($LDI).
  • $LDI last traded around $1.21.

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Grassi Joseph III, Chief Legal & Risk Officer at loanDepot, Inc. ($LDI), bought 44,247 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

loanDepot, Inc. Stock Up 26.0%

Shares of loanDepot, Inc. ($LDI) traded around $1.21 on Tuesday, up 26.0% for the day.

Last price$1.21
Market cap$319.22M
Forward P/E18.89
Beta3.12
52-week low$0.82
52-week high$5.05
50-day MA$1.03
200-day MA$1.69
Current ratio1.36
Quick ratio0.56
Debt-to-equity18.07

loanDepot, Inc. Earnings

EPS (ttm)-$0.30
Revenue (ttm)$1.26B
Revenue growth9.70%
Net margin-5.50%
Return on equity-26.71%
Next earningsNov 3, 2026

Analysts Set New Price Targets

Average target$1.12
High target$1.25
Low target$1
Analysts covering2

About loanDepot, Inc.

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity lines of credit and closed-end second liens. It also provides title, escrow, and settlement services for mortgage loan transactions; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. The company was founded in 2010 and is headquartered in Irvine, California.

ExchangeNYSE
SectorFinancial Services
IndustryMortgage Finance
HeadquartersIrvine, CA
CEOMr. Anthony Li Hsieh
Employees4,626

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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.