Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. FlexShopper Inc shares valued at $43,500 were purchased by Heiser Harold Russell Jr. on Dec 23 ’24. At $1.45 per share, Heiser Harold Russell Jr. acquired 30,000 shares. The insider’s holdings grew to 969,874 shares worth approximately $1.9 million following the completion of this transaction.
Also, Dvorkin Howard purchased 10,000 shares, netting a total of over 15,400 in proceeds. Following the buying of shares at $1.54 each, the insider now holds 4,551,558 shares.
Before that, Dvorkin Howard had added 10,000 shares to its account. In a trade valued at $14,600, the Director bought FlexShopper Inc shares for $1.46 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $8.94 million.
As published in their initiating research note from Ascendiant Capital Markets on April 10, 2019, FlexShopper Inc [FPAY] has been a Buy and the price target has been revised to $3.
Analyzing FPAY Stock Performance
During the last five days, there has been a surge of approximately 14.62%. Over the course of the year, FlexShopper Inc shares have jumped approximately 14.62%. Shares of the company reached a 52-week high of $2.37 on 01/07/25 and a 52-week low of $1.56 on 01/03/25. A 50-day SMA is recorded $1.64, while a 200-day SMA reached $1.27. Nevertheless, trading volume fell to 1.02 million shares from 1.37 million shares the previous day.
Support And Resistance Levels for FlexShopper Inc (FPAY)
According to the 24-hour chart, there is a support level at 1.76, which, if violated, would cause prices to drop to 1.56. In the upper region, resistance lies at 2.23. The next price resistance is at 2.51. RSI (Relative Strength Index) is 57.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 40.59%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
