Published: Thu, February 15, 2018
Business | By Tara Barton

How Insiders and Institutions are Trading On Deck Capital, Inc. (ONDK)


Shares of On Deck Capital closed the previous trading session at 5.09 up +0.24 4.95% with 5.09499979019165 shares trading hands. (NYSE:ONDK) by 35.9% in the fourth quarter, Holdings Channel reports. The fund owned 49,042 shares of the credit services provider's stock after buying an additional 12,947 shares during the quarter. Engineers Gate Manager LP's holdings in On Deck Capital were worth $282,000 at the end of the most recent quarter.

Several institutional investors have recently added to or reduced their stakes in ONDK. Schwab Charles Investment Management Inc. now owns 187,444 shares of the credit services provider's stock valued at $1,076,000 after buying an additional 20,712 shares during the last quarter. Swiss National Bank now owns 75,400 shares of the credit services provider's stock worth $351,000 after purchasing an additional 23,000 shares during the last 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.

The company's quick ratio for most recent quarter is 0 along with current ratio for most recent quarter of 0. Alliancebernstein L.P. now owns 72,700 shares of the credit services provider's stock worth $339,000 after purchasing an additional 22,000 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.

On Deck Capital, Inc. has a 12-month low of $3.29 and a 12-month high of $6.36. 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%. Total debt to equity ratio of the company for most recent quarter is 2.83 whereas long term debt to equity ratio for most recent quarter is 2.83. On Deck Capital Inc (NYSE:ONDK) has trailing twelve month Return on Assets of -5%, which is key indicator of how profitable a company is relative to its total assets. The firm has a market capitalization of $329.89, a PE ratio of -6.99 and a beta of 1.96. 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. For the current year the company's revenue estimates are $350.53 Million compared to low analyst estimates of $348.27 Million and high estimates of $353.2 Million according to the prediction of 12 analysts. As per Sunday, November 5, the company rating was maintained by Canaccord Genuity.

Analyzing Analyst Recommendations: AbbVie Inc. (ABBV), Capital One Financial Corporation (COF)
Finally, ValuEngine lowered AbbVie from a "strong-buy" rating to a "buy" rating in a research note on Friday, December 1st. Tensile Capital Management Llc bought 108,178 shares as the company's stock declined 18.06% while stock markets rallied.

On 8/9/2016 Nicholas A Sinigaglia, SVP, sold 1,000 with an average share price of $6.00 per share and the total transaction amounting to $6,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Today, Morgan Stanley raised its price target on On Deck Capital (NYSE:ONDK) to $5.50 per share. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The insider now holds 84,755 shares of On Deck Capital, Inc. The stock has "Hold" rating by Jefferies on Tuesday, February 13.

Among 19 analysts covering On Deck Capital (NYSE:ONDK), 2 have Buy rating, 1 Sell and 16 Hold. Its minimum price target estimates has been figured out at $5 while the maximum price target forecast is established at $9.

Examining Institutional Ownership at On Deck Capital, Inc.

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