×
S&P 500   3,890.12 (+1.17%)
DOW   31,261.03 (+0.72%)
QQQ   294.09 (+1.83%)
AAPL   145.68 (+1.93%)
MSFT   267.80 (+0.60%)
META   171.77 (+1.18%)
GOOGL   2,359.76 (+2.98%)
AMZN   116.44 (+1.85%)
TSLA   733.92 (+5.57%)
NVDA   157.97 (+4.41%)
NIO   22.51 (+8.07%)
BABA   123.25 (+3.47%)
AMD   79.00 (+4.84%)
MU   58.38 (+1.76%)
CGC   2.73 (+3.02%)
T   21.12 (+0.14%)
GE   62.43 (+1.40%)
F   11.59 (+4.79%)
DIS   96.93 (+0.88%)
AMC   14.14 (+12.49%)
PFE   53.17 (+0.80%)
PYPL   74.55 (+1.79%)
NFLX   188.58 (+2.46%)
S&P 500   3,890.12 (+1.17%)
DOW   31,261.03 (+0.72%)
QQQ   294.09 (+1.83%)
AAPL   145.68 (+1.93%)
MSFT   267.80 (+0.60%)
META   171.77 (+1.18%)
GOOGL   2,359.76 (+2.98%)
AMZN   116.44 (+1.85%)
TSLA   733.92 (+5.57%)
NVDA   157.97 (+4.41%)
NIO   22.51 (+8.07%)
BABA   123.25 (+3.47%)
AMD   79.00 (+4.84%)
MU   58.38 (+1.76%)
CGC   2.73 (+3.02%)
T   21.12 (+0.14%)
GE   62.43 (+1.40%)
F   11.59 (+4.79%)
DIS   96.93 (+0.88%)
AMC   14.14 (+12.49%)
PFE   53.17 (+0.80%)
PYPL   74.55 (+1.79%)
NFLX   188.58 (+2.46%)
S&P 500   3,890.12 (+1.17%)
DOW   31,261.03 (+0.72%)
QQQ   294.09 (+1.83%)
AAPL   145.68 (+1.93%)
MSFT   267.80 (+0.60%)
META   171.77 (+1.18%)
GOOGL   2,359.76 (+2.98%)
AMZN   116.44 (+1.85%)
TSLA   733.92 (+5.57%)
NVDA   157.97 (+4.41%)
NIO   22.51 (+8.07%)
BABA   123.25 (+3.47%)
AMD   79.00 (+4.84%)
MU   58.38 (+1.76%)
CGC   2.73 (+3.02%)
T   21.12 (+0.14%)
GE   62.43 (+1.40%)
F   11.59 (+4.79%)
DIS   96.93 (+0.88%)
AMC   14.14 (+12.49%)
PFE   53.17 (+0.80%)
PYPL   74.55 (+1.79%)
NFLX   188.58 (+2.46%)
S&P 500   3,890.12 (+1.17%)
DOW   31,261.03 (+0.72%)
QQQ   294.09 (+1.83%)
AAPL   145.68 (+1.93%)
MSFT   267.80 (+0.60%)
META   171.77 (+1.18%)
GOOGL   2,359.76 (+2.98%)
AMZN   116.44 (+1.85%)
TSLA   733.92 (+5.57%)
NVDA   157.97 (+4.41%)
NIO   22.51 (+8.07%)
BABA   123.25 (+3.47%)
AMD   79.00 (+4.84%)
MU   58.38 (+1.76%)
CGC   2.73 (+3.02%)
T   21.12 (+0.14%)
GE   62.43 (+1.40%)
F   11.59 (+4.79%)
DIS   96.93 (+0.88%)
AMC   14.14 (+12.49%)
PFE   53.17 (+0.80%)
PYPL   74.55 (+1.79%)
NFLX   188.58 (+2.46%)

R David Spreng Acquires 5,000 Shares of Runway Growth Finance Corp. (NASDAQ:RWAY) Stock

Wednesday, June 22, 2022 | MarketBeat

Runway Growth Finance Corp. (NASDAQ:RWAY - Get Rating) CEO R David Spreng purchased 5,000 shares of Runway Growth Finance stock in a transaction dated Tuesday, June 21st. The stock was acquired at an average price of $11.75 per share, with a total value of $58,750.00. Following the acquisition, the chief executive officer now owns 49,604 shares in the company, valued at approximately $582,847. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Runway Growth Finance stock traded up $0.03 during mid-day trading on Wednesday, reaching $11.38. 147,992 shares of the company traded hands, compared to its average volume of 98,403. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.26. Runway Growth Finance Corp. has a fifty-two week low of $11.00 and a fifty-two week high of $14.92. The firm's fifty day moving average is $13.45 and its two-hundred day moving average is $13.34.

Runway Growth Finance (NASDAQ:RWAY - Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.01. Runway Growth Finance had a net margin of 52.70% and a return on equity of 7.47%. The business had revenue of $19.26 million for the quarter, compared to analyst estimates of $19.20 million. Analysts predict that Runway Growth Finance Corp. will post 1.3 EPS for the current year.


The business also recently declared a quarterly dividend, which was paid on Tuesday, May 24th. Shareholders of record on Tuesday, May 10th were paid a dividend of $0.30 per share. This is a positive change from Runway Growth Finance's previous quarterly dividend of $0.27. The ex-dividend date was Monday, May 9th. This represents a $1.20 dividend on an annualized basis and a yield of 10.54%.

RWAY has been the subject of several recent research reports. LADENBURG THALM/SH SH initiated coverage on shares of Runway Growth Finance in a report on Friday, April 22nd. They issued a "buy" rating and a $15.50 price target for the company. B. Riley boosted their price objective on shares of Runway Growth Finance from $15.00 to $15.50 and gave the stock a "buy" rating in a research note on Monday, February 28th. Finally, Hovde Group reduced their price objective on shares of Runway Growth Finance to $13.50 in a research note on Friday, May 20th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $15.25.

Hedge funds have recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC purchased a new stake in shares of Runway Growth Finance in the 1st quarter valued at $35,000. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Runway Growth Finance in the 1st quarter valued at $161,000. Bulldog Investors LLP purchased a new stake in shares of Runway Growth Finance in the 4th quarter valued at $154,000. B. Riley Wealth Management Inc. purchased a new stake in shares of Runway Growth Finance in the 1st quarter valued at $213,000. Finally, Engineers Gate Manager LP boosted its holdings in shares of Runway Growth Finance by 56.7% in the 1st quarter. Engineers Gate Manager LP now owns 27,817 shares of the company's stock valued at $378,000 after acquiring an additional 10,068 shares during the last quarter.

About Runway Growth Finance (Get Rating)

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage, growth stage venture companies. It prefers to make investments in companies engaged in the technology, life sciences, electronic equipment & instruments. systems software, healthcare equipment hardware, storage & peripherals and specialized consumer service, internet retail, healthcare technology, human resource employment services, education, biotechnology, application software healthcare and information services, business services and select consumer services and products industries.

Recommended Stories

Insider Buying and Selling by Quarter for Runway Growth Finance (NASDAQ:RWAY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Runway Growth Finance right now?

Before you consider Runway Growth Finance, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Runway Growth Finance wasn't on the list.

While Runway Growth Finance currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:


Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastIs The Market Near a Bottom, Does it Matter?

Today’s interview is a little different, in that you get a LOT of market perspective from someone who’s been analyzing stocks from the ground up, for more than three decades. In this conversation, Kate chats with Nancy Zambell, the chief analyst for the Cabot Money Club Letter - and Nancy has a really deep and varied background in the financial industry - as she mentions in this interview, she’s been a banker, real estate professional, and a stock market analyst.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.