Runway Growth Finance Corp’s filing revealed that its President and CEO SPRENG R DAVID acquired Company’s shares for reported $10340.0 on Dec 19 ’24. In the deal valued at $10.34 per share,1,000 shares were bought. As a result of this transaction, SPRENG R DAVID now holds 70,532 shares worth roughly $0.76 million.
Then, Raterman Thomas B. bought 8,803 shares, generating $89,615 in total proceeds. Upon buying the shares at $10.18, the insider now owns 209,511 shares.
Before that, SPRENG R DAVID bought 8,803 shares. Runway Growth Finance Corp shares valued at $89,615 were divested by the President and CEO at a price of $10.18 per share. As a result of the transaction, SPRENG R DAVID now holds 209,511 shares, worth roughly $2.25 million.
Wells Fargo upgraded its Runway Growth Finance Corp [RWAY] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Compass Point’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “a Buy”. BofA Securities began covering RWAY with “Neutral” recommendation on June 28, 2024. Compass Point revised its rating on May 08, 2024. It rated RWAY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RWAY
On Friday, Runway Growth Finance Corp [NASDAQ:RWAY] saw its stock fall -0.88% to $10.75. Over the last five days, the stock has gained 1.51%. Runway Growth Finance Corp shares have fallen nearly -1.92% since the year began. Nevertheless, the stocks have fallen -9.79% over the past one year. While a 52-week high of $13.30 was reached on 02/21/25, a 52-week low of $9.87 was recorded on 03/21/25. SMA at 50 days reached $11.24, while 200 days put it at $10.93.
Levels Of Support And Resistance For RWAY Stock
The 24-hour chart illustrates a support level at 10.59, which if violated will result in even more drops to 10.43. On the upside, there is a resistance level at 10.88. A further resistance level may holdings at 11.00. The Relative Strength Index (RSI) on the 14-day chart is 42.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.87%. Stochastics %K at 49.35% indicates the stock is a holding.
How much short interest is there in Runway Growth Finance Corp?
A steep rise in short interest was recorded in Runway Growth Finance Corp stocks on 2025-03-14, growing by 0.18 million shares to a total of 1.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.27 million shares. There was a rise of 12.58%, which implies that there is a positive sentiment for the stock.
