On June 10, 2024, OCM Growth Holdings LLC, a Director and 10% Owner, disclosed selling 400,000 shares of Runway Growth Finance Corp at a price of $11.9 per share in a recent SEC Filing. Following this transaction, the insider now holds 10,779,668 shares of the company. Runway Growth Finance Corp is a specialty finance company that focuses on lending to growth-oriented companies with the goal of generating current income and capital appreciation through debt investments and equity-related instruments.
Over the past year, OCM Growth Holdings LLC has sold a total of 14,025,000 shares of Runway Growth Finance Corp, without making any purchases. The company’s insider transaction history shows a combination of 9 insider buys and 7 insider sells in the past year. With a market cap of $466.951 million and a price-earnings ratio of 10.79, the stock is trading lower than both the industry median and the company’s historical median. Additionally, the GF Value estimates the intrinsic value of the stock at $14.07, indicating that Runway Growth Finance Corp may be modestly undervalued with a price-to-GF-Value ratio of 0.85.
This insider sell event by OCM Growth Holdings LLC is a notable reflection of ongoing insider trading activities within Runway Growth Finance Corp. The GF Value calculation considers historical multiples like the price-earnings ratio and price-sales ratio, alongside data-driven analysis to provide insights into the stock’s valuation. It is important to note that this article is not personalized financial advice and is based on impartial methodology and historical data.
