FlexShopper, Inc. (NASDAQ:FPAY – Get Free Report) Director Howard Dvorkin purchased 10,000 shares of the business’s stock in a transaction on Monday, August 19th. The stock was acquired at an average price of $1.17 per share, with a total value of $11,700.00. Following the purchase, the director now directly owns 4,514,977 shares in the company, valued at approximately $5,282,523.09. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Howard Dvorkin also recently made the following trade(s):
- On Thursday, August 15th, Howard Dvorkin bought 5,192 shares of FlexShopper stock. The shares were acquired at an average price of $1.12 per share, with a total value of $5,815.04.
- On Tuesday, August 13th, Howard Dvorkin purchased 26,756 shares of FlexShopper stock. The stock was acquired at an average cost of $1.06 per share, for a total transaction of $28,361.36.
- On Friday, June 28th, Howard Dvorkin acquired 9,800 shares of FlexShopper stock. The shares were bought at an average cost of $1.26 per share, with a total value of $12,348.00.
- On Tuesday, June 25th, Howard Dvorkin bought 6,111 shares of FlexShopper stock. The shares were bought at an average cost of $1.21 per share, with a total value of $7,394.31.
- On Monday, June 17th, Howard Dvorkin purchased 6,000 shares of FlexShopper stock. The stock was bought at an average price of $1.20 per share, for a total transaction of $7,200.00.
- On Thursday, June 13th, Howard Dvorkin acquired 5,500 shares of FlexShopper stock. The shares were purchased at an average price of $1.24 per share, with a total value of $6,820.00.
- On Tuesday, June 11th, Howard Dvorkin purchased 20,467 shares of FlexShopper stock. The shares were purchased at an average cost of $1.15 per share, with a total value of $23,537.05.
- On Friday, June 7th, Howard Dvorkin acquired 64,054 shares of FlexShopper stock. The shares were purchased at an average cost of $1.12 per share, for a total transaction of $71,740.48.
- On Wednesday, June 5th, Howard Dvorkin bought 7,833 shares of FlexShopper stock. The stock was acquired at an average cost of $1.11 per share, with a total value of $8,694.63.
- On Monday, June 3rd, Howard Dvorkin purchased 52,200 shares of FlexShopper stock. The shares were acquired at an average cost of $1.10 per share, for a total transaction of $57,420.00.
FlexShopper Trading Up 3.1 %
NASDAQ:FPAY traded up $0.04 during midday trading on Monday, hitting $1.18. 70,419 shares of the company traded hands, compared to its average volume of 48,742. The company has a current ratio of 13.70, a quick ratio of 13.70 and a debt-to-equity ratio of 19.16. The firm’s fifty day moving average is $1.16 and its 200-day moving average is $1.17. The firm has a market capitalization of $25.56 million, a P/E ratio of -3.56 and a beta of 1.33. FlexShopper, Inc. has a 12-month low of $0.93 and a 12-month high of $1.95.
Analyst Ratings Changes
Separately, HC Wainwright restated a “buy” rating and issued a $2.50 target price on shares of FlexShopper in a report on Wednesday, May 15th.
Read Our Latest Research Report on FlexShopper
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of FPAY. Insigneo Advisory Services LLC bought a new stake in shares of FlexShopper during the 2nd quarter worth approximately $58,000. Renaissance Technologies LLC increased its stake in FlexShopper by 30.0% in the second quarter. Renaissance Technologies LLC now owns 220,590 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 50,847 shares during the period. Heron Bay Capital Management purchased a new stake in FlexShopper in the first quarter worth $43,000. Finally, Waterfall Asset Management LLC bought a new stake in shares of FlexShopper during the fourth quarter worth $2,721,000. Institutional investors own 19.41% of the company’s stock.
About FlexShopper
FlexShopper, Inc, a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories.
Featured Articles
- Five stocks we like better than FlexShopper
- Insider Buying Explained: What Investors Need to Know
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- Are Penny Stocks a Good Fit for Your Portfolio?
- 2 Option Strategies to Maximize Profits in a Bear Market
- Dividend Capture Strategy: What You Need to Know
- Lululemon Stock Gears Up for a Massive Comeback Rally
Receive News & Ratings for FlexShopper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShopper and related companies with MarketBeat.com's FREE daily email newsletter.