Richard D. Russell, Chief Financial Officer at LM FUNDING AMERICA, INC. (LMFA), bought 131,600 shares at $0.22 ($29K) on 2026-05-19, disclosed to the SEC on 2026-05-20.
CFO Richard D. Russell purchased 131,600 shares at $0.22, marking the largest insider purchase in the company's history. This move comes as the stock has crashed 86.94% over the last year, potentially signaling confidence in the recovery of the Bitcoin mining operations.
The stock is currently trading at $0.2259, down 86.94% from its 52-week high of $5.14, but is still 16.74% above its 52-week low of $0.1935.
Management is set to discuss Q1 2026 results and record hash rate on May 15, 2026, while analysts maintained a Fair Value price target of $1.00 on May 22, 2026. Additionally, the trade represents the largest insider purchase in the company's history.
The stock carries high volatility with a beta of 2.334, and it previously missed revenue estimates by 5.30% in Q3 2025. Furthermore, short interest sits at 1.88% of the float, indicating some skepticism in the current recovery narrative.
Clearly above the average filing.
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