FlexShopper, Inc. (NASDAQ:FPAY) Shares Sold by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC lessened its position in FlexShopper, Inc. (NASDAQ:FPAYFree Report) by 30.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 228,978 shares of the financial services provider’s stock after selling 100,000 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in FlexShopper were worth $382,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FPAY. UBS Group AG increased its holdings in shares of FlexShopper by 10.2% in the 3rd quarter. UBS Group AG now owns 110,200 shares of the financial services provider’s stock valued at $205,000 after acquiring an additional 10,200 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of FlexShopper by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 638,583 shares of the financial services provider’s stock valued at $1,187,000 after purchasing an additional 12,232 shares during the period. State Street Corp lifted its position in FlexShopper by 204.4% during the 3rd quarter. State Street Corp now owns 51,826 shares of the financial services provider’s stock worth $96,000 after acquiring an additional 34,800 shares during the period. Renaissance Technologies LLC lifted its position in FlexShopper by 53.4% during the 3rd quarter. Renaissance Technologies LLC now owns 287,780 shares of the financial services provider’s stock worth $535,000 after acquiring an additional 100,125 shares during the period. Finally, Marshall Wace LLP acquired a new stake in FlexShopper during the 3rd quarter worth approximately $287,000. Hedge funds and other institutional investors own 19.41% of the company’s stock.

FlexShopper Stock Performance

Shares of FPAY stock traded down $0.21 during trading hours on Tuesday, reaching $1.16. 118,159 shares of the company’s stock were exchanged, compared to its average volume of 53,723. The company has a market cap of $25.01 million, a P/E ratio of -57.75 and a beta of 1.20. The company’s 50 day moving average is $1.23 and its two-hundred day moving average is $1.28. FlexShopper, Inc. has a 1 year low of $0.70 and a 1 year high of $2.47. The company has a debt-to-equity ratio of 17.12, a current ratio of 13.36 and a quick ratio of 13.36.

FlexShopper Profile

(Free Report)

FlexShopper, Inc, a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories.

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Institutional Ownership by Quarter for FlexShopper (NASDAQ:FPAY)

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