On Deck Capital, Inc. (NYSE:ONDK) CRO Andrea Gellert sold 25,147 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $4.62, for a total value of $116,179.14. Following the sale, the executive now directly owns 154,440 shares of the company’s stock, valued at $713,512.80. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of On Deck Capital, Inc. (NYSE:ONDK) traded down 1.86% on Friday, hitting $4.74. The company had a trading volume of 280,632 shares. On Deck Capital, Inc. has a 12-month low of $3.29 and a 12-month high of $6.46. The firm’s market capitalization is $346.65 million. The firm has a 50 day moving average of $4.60 and a 200-day moving average of $4.55.

On Deck Capital (NYSE:ONDK) last released its earnings results on Monday, August 7th. The credit services provider reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.09. On Deck Capital had a negative return on equity of 24.09% and a negative net margin of 19.20%. The business had revenue of $86.70 million for the quarter, compared to analyst estimates of $88.53 million. During the same quarter in the prior year, the company posted ($0.25) earnings per share. On Deck Capital’s revenue was up 24.7% on a year-over-year basis. On average, equities analysts predict that On Deck Capital, Inc. will post ($0.03) EPS for the current year.

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A number of hedge funds have recently added to or reduced their stakes in ONDK. Voya Investment Management LLC raised its stake in On Deck Capital by 28.4% in the second quarter. Voya Investment Management LLC now owns 28,067 shares of the credit services provider’s stock valued at $131,000 after buying an additional 6,202 shares during the last quarter. American International Group Inc. raised its stake in On Deck Capital by 7.0% in the first quarter. American International Group Inc. now owns 29,534 shares of the credit services provider’s stock valued at $149,000 after buying an additional 1,940 shares during the last quarter. JPMorgan Chase & Co. raised its stake in On Deck Capital by 58.2% in the second quarter. JPMorgan Chase & Co. now owns 31,951 shares of the credit services provider’s stock valued at $149,000 after buying an additional 11,751 shares during the last quarter. Nationwide Fund Advisors raised its stake in On Deck Capital by 13.4% in the second quarter. Nationwide Fund Advisors now owns 33,891 shares of the credit services provider’s stock valued at $158,000 after buying an additional 4,010 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC raised its stake in On Deck Capital by 40.0% in the second quarter. Alpine Woods Capital Investors LLC now owns 35,010 shares of the credit services provider’s stock valued at $163,000 after buying an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 53.78% of the company’s stock.

ONDK has been the subject of a number of recent research reports. Zacks Investment Research raised On Deck Capital from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Friday, May 12th. Jefferies Group LLC reaffirmed a “hold” rating and set a $5.00 price target on shares of On Deck Capital in a research note on Friday, July 14th. Stifel Nicolaus downgraded On Deck Capital from a “buy” rating to a “hold” rating and cut their price target for the stock from $6.00 to $4.50 in a research note on Tuesday, May 9th. FBR & Co cut their price target on On Deck Capital from $5.50 to $5.00 and set a “mkt perform” rating for the company in a research note on Monday, May 8th. Finally, ValuEngine raised On Deck Capital from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $5.66.

On Deck Capital Company Profile

On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.

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