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FPAY Showing Recent Insider Activity

Recent activity shows that FlexShopper, FPAY the Insider Confidence level is trending Up due to Corporate Insiders of FPAY Bought $786.6K worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for FPAY:
  • Dvorkin Howard - Director,>10% Owner, Bought $113,991 worth of shares on 1 week ago
  • Dvorkin Howard - Director,>10% Owner, Bought $173,954 worth of shares on 4 days ago
  • Dvorkin Howard - Director,>10% Owner, Bought $54,572 worth of shares on 1 week ago
  • Dvorkin Howard - Director,>10% Owner, Bought $250,640 worth of shares on 2 weeks ago
TipRanks.com reports that FlexShopper currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $4.50 . The target pricing ranges from a high forecast of $5.00 down to a low forecast of $4.00. FlexShopper (FPAY)’s last closing price was 2.61 which would put the average price target at 4.50 upside.

In addition, TradingView issued a Neutral rating for FPAY over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a short-term outlook

FlexShopper, FPAY
Summary: FlexShopper, Inc. operates as a holding company. It is engaged in developing a business that will provide certain categories of durable goods to consumers on a lease to own basis. It offers accounts receivable funding; purchase order finance; outsourcing of accounts receivable management, including collections and the risk of customer default; and other specialty finance products, such as trade finance and government contract funding. FlexShopper, Inc., formerly known as Anchor Funding Services, Inc., is headquartered in Charlotte, North Carolina.
  • Last Price: 2.61
  • Price Change: 0.04, 1.56%
  • Yearly Gain: 13.21%
  • Market Cap: 55.85M
  • P/E Ratio: -119
Remember, securities are volatile, so please do your own research on FPAY. If you are interest in stocks like FPAY or stocks in the Financial sector, please click here.

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to FPAY, you should consider joining TipRanks.com.

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