Runway Growth Finance Corp’s filing revealed that its 10% Owner OCM Growth Holdings LLC unloaded Company’s shares for reported $10.35 million on Apr 01 ’25. In the deal valued at $10.35 per share,1,000,000 shares were sold. As a result of this transaction, OCM Growth Holdings LLC now holds 9,779,668 shares worth roughly $100.44 million.
Then, SPRENG R DAVID bought 1,000 shares, generating $10,340 in total proceeds. Upon buying the shares at $10.34, the President and CEO now owns 70,532 shares.
Before that, Raterman Thomas B. bought 8,803 shares. Runway Growth Finance Corp shares valued at $89,615 were divested by the insider at a price of $10.18 per share. As a result of the transaction, Raterman Thomas B. now holds 209,511 shares, worth roughly $2.15 million.
Wells Fargo downgraded its Runway Growth Finance Corp [RWAY] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early December from “an Equal weight” to “an Overweight”. Compass Point also remained covering RWAY and has increased its forecast on August 15, 2024 with a “Buy” recommendation from previously “Neutral” rating. BofA Securities started covering the stock on June 28, 2024. It rated RWAY as “a Neutral”.
Price Performance Review of RWAY
On Tuesday, Runway Growth Finance Corp [NASDAQ:RWAY] saw its stock jump 0.79% to $10.27. Over the last five days, the stock has gained 2.29%. Runway Growth Finance Corp shares have fallen nearly -11.11% since the year began. Nevertheless, the stocks have fallen -5.85% over the past one year. While a 52-week high of $11.92 was reached on 02/21/25, a 52-week low of $8.33 was recorded on 04/09/25.
Levels Of Support And Resistance For RWAY Stock
The 24-hour chart illustrates a support level at 10.20, which if violated will result in even more drops to 10.13. On the upside, there is a resistance level at 10.36. A further resistance level may holdings at 10.45.
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 2025-05-30, growing by 22731.0 shares to a total of 2.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.08 million shares. There was a rise of 1.08%, which implies that there is a positive sentiment for the stock.