Wells Fargo gives an Equal weight recommendation for Runway Growth Finance Corp (RWAY)

In a filing, Runway Growth Finance Corp revealed its 10% Owner OCM Growth Holdings LLC unloaded Company’s shares for reported $10.45 million on Jul 01 ’25. In the deal valued at $10.45 per share,1,000,000 shares were sold. As a result of this transaction, OCM Growth Holdings LLC now holds 8,779,668 shares worth roughly $96.66 million.

Then, OCM Growth Holdings LLC sold 1,000,000 shares, generating $10,350,000 in total proceeds. Upon selling the shares at $10.35, the 10% Owner now owns 9,779,668 shares.

Before that, SPRENG R DAVID bought 1,000 shares. Runway Growth Finance Corp shares valued at $10,340 were divested by the President and CEO at a price of $10.34 per share. As a result of the transaction, SPRENG R DAVID now holds 70,532 shares, worth roughly $0.78 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 Friday, Runway Growth Finance Corp [NASDAQ:RWAY] saw its stock jump 0.55% to $11.01. Over the last five days, the stock has gained 1.94%. Runway Growth Finance Corp shares have fallen nearly -3.21% since the year began. Nevertheless, the stocks have risen 0.94% 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 10.93, which if violated will result in even more drops to 10.86. On the upside, there is a resistance level at 11.05. A further resistance level may holdings at 11.10.

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 2025-06-13, dropping by -0.13 million shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.0 million shares. There was a decline of -6.77%, which implies that there is a negative sentiment for the stock.

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