Today, the CAO of On Deck Capital (NYSE: ONDK), Nicholas Sinigaglia, sold shares of ONDK for $22.85K.
Following Nicholas Sinigaglia’s last ONDK Sell transaction on March 19, 2018, the stock climbed by 2.5%. In addition to Nicholas Sinigaglia, one other ONDK executive reported Sell trades in the last month.
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Based on On Deck Capital’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $95.62 million and quarterly net profit of $5.79 million. In comparison, last year the company earned revenue of $86.65 million and had a GAAP net loss of $1.5 million. ONDK’s market cap is $566.5M and the company has a P/E ratio of 151.8. Currently, On Deck Capital has an average volume of 365.7K.
Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $9.17, reflecting a 21.5% upside.
In the last 30 days, insiders have sold $22.85K worth of ONDK shares and purchased $37K worth of ONDK shares. The insider sentiment on On Deck Capital has been positive according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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.
