FlexShopper, Inc. (NASDAQ:FPAY) Director Buys $23,537.05 in Stock

FlexShopper, Inc. (NASDAQ:FPAYGet Free Report) Director Howard Dvorkin acquired 20,467 shares of the company’s stock in a transaction dated Tuesday, June 11th. The shares were bought at an average price of $1.15 per share, for a total transaction of $23,537.05. Following the acquisition, the director now owns 4,410,766 shares in the company, valued at approximately $5,072,380.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Howard Dvorkin also recently made the following trade(s):

  • 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 shares were bought at an average price of $1.11 per share, for a total transaction of $8,694.63.
  • On Monday, June 3rd, Howard Dvorkin bought 52,200 shares of FlexShopper stock. The stock was purchased at an average cost of $1.10 per share, with a total value of $57,420.00.
  • On Wednesday, May 29th, Howard Dvorkin bought 18,226 shares of FlexShopper stock. The stock was acquired at an average cost of $1.14 per share, with a total value of $20,777.64.
  • On Wednesday, May 22nd, Howard Dvorkin bought 3,381 shares of FlexShopper stock. The shares were bought at an average price of $1.16 per share, with a total value of $3,921.96.
  • On Monday, May 20th, Howard Dvorkin acquired 17,814 shares of FlexShopper stock. The shares were bought at an average price of $1.16 per share, with a total value of $20,664.24.

FlexShopper Stock Performance

Shares of FPAY stock opened at $1.26 on Friday. FlexShopper, Inc. has a one year low of $0.75 and a one year high of $2.47. The firm has a 50-day moving average of $1.13 and a 200-day moving average of $1.30. The company has a debt-to-equity ratio of 19.16, a current ratio of 13.70 and a quick ratio of 13.70. The company has a market cap of $27.30 million, a P/E ratio of -3.92 and a beta of 1.33.

FlexShopper (NASDAQ:FPAYGet Free Report) last issued its earnings results on Monday, May 13th. The financial services provider reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. FlexShopper had a negative net margin of 3.51% and a negative return on equity of 58.72%. The firm had revenue of $33.95 million during the quarter, compared to analyst estimates of $29.30 million. Equities research analysts forecast that FlexShopper, Inc. will post -0.08 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $2.50 price objective on shares of FlexShopper in a research note on Wednesday, May 15th.

Read Our Latest Report on FPAY

Institutional Investors Weigh In On FlexShopper

A hedge fund recently bought a new stake in FlexShopper stock. Heron Bay Capital Management acquired a new stake in shares of FlexShopper, Inc. (NASDAQ:FPAYFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 28,544 shares of the financial services provider’s stock, valued at approximately $43,000. Heron Bay Capital Management owned 0.13% of FlexShopper at the end of the most recent quarter. Hedge funds and other institutional investors own 19.41% of the company’s stock.

FlexShopper Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for FlexShopper (NASDAQ:FPAY)

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.