On November 21, 2024, Daniel Philp, Co-CEO of Lendway Inc, purchased 32,000 shares of the company. Following this transaction, the insider now owns a total of 59,071 shares. This purchase is documented in the SEC Filing. Lendway Inc (LDWY, Financial) is a company engaged in providing financial services, focusing on lending solutions. The company operates in a competitive market, offering various financial products to meet the needs of its clients. The recent insider purchase by Daniel Philp is part of a broader trend within the company. Over the past year, there have been two insider buys and no insider sells, indicating a positive sentiment among the company's leadership. Shares of Lendway Inc were trading at $4.32 each on the day of the purchase, resulting in a market cap of $8.554 million. The company's valuation metrics, such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, provide further insights into its financial standing. Below is the insider trend image reflecting the recent transactions:
This insider buying activity by Daniel Philp, along with the absence of insider selling, may be of interest to investors monitoring the company's stock performance and insider confidence.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.