Insider Buying: Daniel Philp Acquires 32,000 Shares of Lendway Inc (LDWY)

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3 days ago
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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:

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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.

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