Runway Growth Finance director Edward Goldthorpe buys $67,450 in stock
Runway Growth Finance Corp. (NASDAQ:RWAY) saw its director Edward J. Goldthorpe invest in the company's stock on September 21 and 22, 2026, acquiring 10,000 shares for approximately $67,450. On September 21, he bought 3,749 shares at prices ranging from $6.71 to $6.73, and on September 22, he acquired the remaining 6,251 shares at prices between $6.75 and $6.77.
The stock is currently trading at $6.72 with a market capitalization of $281.63 million. Although InvestingPro suggests the stock is overvalued relative to its Fair Value estimate, Runway Growth Finance pays a substantial dividend with a yield of 19.73%. The recent insider purchase comes after the company reported strong second-quarter 2026 results, exceeding analyst expectations with earnings of $0.43 per share and revenue of $37.03 million.
However, Bank of America maintains a "underperform" rating, citing challenges in the venture lending environment and high leverage levels, particularly with upcoming debt maturities in 2026 and 2027.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
