15 hours Ago By ABMN Staff
FlexShopper ( NASDAQ:FPAY – Get Free Report ) ‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a report issued on Tuesday, Benzinga reports. They currently have a $2.50 price target on the financial services provider’s stock.
HC Wainwright’s price objective points to a potential upside of 51.52% from the company’s previous close. Separately, Maxim Group boosted their price target on shares of FlexShopper from $2.
00 to $4.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Read Our Latest Report on FPAY FlexShopper Price Performance Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently modified their holdings of FPAY.
Renaissance Technologies LLC raised its stake in FlexShopper by 30.0% in the second quarter. Renaissance Technologies LLC now owns 220,590 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 50,847 shares in the last quarter.
Insigneo Advisory Services LLC bought a new position in shares of FlexShopper in the 2nd quarter worth $58,000. Finally, Waterfall Asset Management LLC bought a new position in shares of FlexShopper in the 3rd quarter worth $1,678,000. Hedge funds and other institutional investors own 19.
41% of the company’s stock. FlexShopper Company Profile ( Get Free Report ) FlexShopper, Inc, a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories.
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