Insider Trading Activity for On Deck Capital, Inc. (NYSE:ONDK) by 35.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. Insider ownership increased by a total of 1804 shares, which suggests that ONDK's key executives are feeling more optimistic about the outlook for the stock.
Several other hedge funds also recently made changes to their positions in ONDK. Acadian Asset Management LLC bought a new position in shares of On Deck Capital in the fourth quarter valued at about $183,000. Swiss National Bank now owns 75,400 shares of the credit services provider's stock worth $351,000 after buying an additional 23,000 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of On Deck Capital by 43.4% during the second quarter. JPMorgan Chase & Co. now owns 31,951 shares of the credit services provider's stock valued at $149,000 after acquiring an additional 11,751 shares during the last quarter.
ONDK has been the topic of a number of recent analyst reports.
On Deck Capital Inc (NYSE:ONDK) shares traded on 8.26% above secure line and closed at $4.85.
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Among 19 analysts covering On Deck Capital (NYSE:ONDK), 2 have Buy rating, 1 Sell and 16 Hold. The firm has "Hold" rating given on Wednesday, May 4 by Jefferies. The stock presently has a consensus rating of "Hold" and a consensus price target of $5.25. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $6 on the stock, this valuation is based on 8 number of opinions. The company was downgraded on Tuesday, May 3 by Needham. The stock was purchased at an average cost of $4.94 per share, for a total transaction of $59,280.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Hedge funds and other institutional investors own 56.74% of the company's stock.
Examining Institutional Ownership at On Deck Capital, Inc. To measure price-variation, we found ONDK's volatility during a week at 6.46% and during a month it has been found around 5.09%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
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On Deck Capital, Inc. has a 12-month low of $3.29 and a 12-month high of $6.36. The company has a quick ratio of 26.96, a current ratio of 26.95 and a debt-to-equity ratio of 2.78. In a transaction dated August 29, 2017, the shares were put up for sale at an average price of $4.62, raking in a sum of $116,179. The business had revenue of $87.74 million during the quarter, compared to analyst estimates of $87.48 million. On Deck Capital had a negative return on equity of 20.13% and a negative net margin of 15.21%. A year ago the company's sales were $81830 while its sales growth yearly estimates for the current quarter are 6.9%. BTIG Research restated a "hold" rating on shares of On Deck Capital in a report on Tuesday, November 7th.
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On Deck Capital, Inc offers an online platform for small business lending.
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