Howard Dvorkin, majority shareholder of FlexShopper Inc (FPAY), acquires 50,883 shares



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FlexShopper logoFlexShopper Inc The principal shareholder (NASDAQ: FPAY), Howard Dvorkin, bought 50,883 shares of the company during a transaction on Wednesday, October 17. The shares were purchased at an average price of $ 0.79 per share, for a total transaction of $ 40,197.57. The transaction was disclosed in a document filed with the SEC, available via this hyperlink. Large shareholders who own at least 10% of the shares of a corporation are required to disclose their sales and purchases to the SEC.

Howard Dvorkin recently did the following exchange (s):

  • On Thursday, November 8, Howard Dvorkin bought 90,114 FlexShopper shares. The shares were purchased at an average price of $ 0.73 per share, for a total transaction of $ 65,783.22.
  • On Wednesday, October 31, Howard Dvorkin bought 68,599 shares of FlexShopper. The shares were purchased at an average price of $ 0.79 per share, for a total transaction of $ 54,193.21.
  • On Tuesday, October 23, Howard Dvorkin bought 20,000 shares of FlexShopper. The shares were purchased at an average price of $ 0.78 per share, for a total transaction of $ 15,600.00.

FPAY gained $ 0.06 on Friday, reaching $ 0.79. The company recorded a trading volume of 831,086 shares, compared with an average volume of 684,014 shares. FlexShopper Inc. has a minimum of 12 months of $ 0.68 and a 12-month high of $ 4.80.

FlexShopper (NASDAQ: FPAY) released its quarterly results on Monday, November 5th. The financial services provider reported earnings per share of ($ 0.56) for the quarter. The company generated $ 21.01 million in revenue during the quarter.

An institutional investor recently bought a new position in FlexShopper shares. Mbadey Quick Simon & CO. LLC acquired a new position in FlexShopper Inc. (NASDAQ: FPAY) in the second quarter, according to its most recent filing on Form 13F with the Securities and Exchange Commission (SEC). The company purchased 34,864 shares of the financial services provider valued at approximately $ 111,000. Mbadey Quick Simon & CO. LLC held approximately 0.64% of FlexShopper since its last filing with the Securities and Exchange Commission (SEC). 9.49% of the stock currently belongs to hedge funds and other institutional investors.

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FlexShopper Company Profile

FlexShopper, Inc., through its wholly owned subsidiary, FlexShopper, LLC, provides various types of durable goods to consumers on a capital lease (LTO) basis to consumers of third party retailers and retailers. line. It offers products via FlexShopper.com, a marketplace for LTO e-commerce; e-commerce sites and in-store terminals using the FlexShopper LTO payment method; and facilitating long-term transactions with retailers.

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