FlexShopper Inc (NASDAQ:FPAY) Director Buys $202,028.85 in Stock

FlexShopper Inc (NASDAQ:FPAY) Director Howard Dvorkin bought 132,045 shares of the business’s stock in a transaction on Friday, September 27th. The shares were acquired at an average price of $1.53 per share, for a total transaction of $202,028.85.

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

  • On Tuesday, August 20th, Howard Dvorkin bought 19,238 shares of FlexShopper stock. The shares were acquired at an average price of $1.62 per share, for a total transaction of $31,165.56.

FlexShopper stock opened at $1.53 on Friday. FlexShopper Inc has a 1 year low of $0.66 and a 1 year high of $2.10. The company’s 50-day moving average is $1.65 and its two-hundred day moving average is $1.23.

FlexShopper (NASDAQ:FPAY) last released its earnings results on Monday, August 12th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.05. The business had revenue of $20.66 million for the quarter.

Separately, ValuEngine downgraded shares of FlexShopper from a “sell” rating to a “strong sell” rating in a research report on Wednesday.

A hedge fund recently raised its stake in FlexShopper stock. Vanguard Group Inc. lifted its position in FlexShopper Inc (NASDAQ:FPAY) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,774 shares of the financial services provider’s stock after acquiring an additional 11,300 shares during the period. Vanguard Group Inc. owned approximately 1.43% of FlexShopper worth $277,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 9.23% of the company’s stock.

About FlexShopper

FlexShopper, Inc, through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider. The company provides residential furniture, consumer electronics, computers, appliances, household accessories, and various other durable goods to consumers on a LTO basis to consumers of third-party retailers and e-tailers.

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