Today, a Director at On Deck Capital Inc (ONDK), Ronald Verni, bought shares of ONDK for $35.34K.
This recent transaction increases Ronald Verni’s holding in the company by 7.66% to a total of $506.5K. In addition to Ronald Verni, 3 other ONDK executives reported Buy trades in the last month.
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Based on On Deck Capital Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $109 million and quarterly net profit of $14.04 million. In comparison, last year the company earned revenue of $87.74 million and had a net profit of $5.1 million. ONDK’s market cap is $453M and the company has a P/E ratio of 17.52. Currently, On Deck Capital Inc has an average volume of 774.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $11.00, reflecting a 83.3% upside.
The insider sentiment on On Deck Capital Inc has been positive according to 47 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Ronald Verni’s trades have generated a 42.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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On Deck Capital, Inc. engages in online small business lending. It offers financing solution for small businesses, including short term loans, long term loans, and lines of credit. The company was founded on May 4, 2006 and is headquartered in New York, NY.
