RWAY

Runway Growth Finance Corp.

Nasdaq · CIK 0001653384
$5.96 -0.83% $255.2M
Insider Buying Cluster (2 insiders)
Vol
Market Cap$255.2M
Cap SizeMicro Cap
Analyst ConsensusBuy (56%)
Inst. Holders4 funds
Inst. Value$7.6M
Inst. Activity0 buys / 1 sells
Insider Activity3B / 1S
Insider Net $-$3.6M
SEC Reports3
Press Releases2
Exchange Nasdaq·CIK 0001653384·Prev Close $6.01

Recent Activity

May 28, 2026 earnings
Runway Growth Finance Corp. Prices Offering of 7.00% Notes due 2029
<p align="left">MENLO PARK, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (
May 20, 2026 Insider
Raterman Thomas B. bought 7,000 shares
CFO, COO @ $6.34 ($44.3K)
May 20, 2026 Insider
Raterman Thomas B. sold 7,000 shares
CFO, COO @ $6.34 ($44.3K)
May 20, 2026 Insider
SPRENG R DAVID sold 3,000 shares
President, CEO and CIO @ $6.37 ($19.1K)
May 6, 2026 Press
Runway Growth Finance Corp. declared a Q2 2026 cash dividend of $0.33 per share, consistent with the prior quarter's pay
Impact 2/10
Apr 15, 2026 SEC
Runway Growth Finance Corp. (RWAY) announced it will release Q1 2026 financial results on May 7, 2026, with a conference
PRESS-RELEASE — Impact 3/10
Mar 4, 2026 SEC
Runway Growth Finance Corp. (RWAYZ) has had an N-14 registration statement become effective, indicating a potential merg
EFFECT — Impact 5/10
Feb 26, 2026 SEC
Runway Growth Finance Corp. declared a quarterly dividend of $0.33 per share, payable on March 24, 2026, to shareholders
8-K — Impact 4/10

Price Targets

$8.54 +43.3% upside Strong Buy
Current $5.96 Low $6.50 Median $8.88 High $10.00 6 analysts
$6.50 $10.00

Analyst Ratings

Hold56% buy · 16 analysts
3Strong Buy
6Buy
7Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 14, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
Mar 17, 2026 B. Riley Securities MAINTAIN Buy → Buy
Mar 16, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
Mar 13, 2026 JP Morgan MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.30 ▼ -17.3% $0.26 — $0.33 -22% YoY 5
Next Q $0.32 ▼ -13.5% $0.29 — $0.33 -26% YoY 5
Current FY $1.24 ▼ -13.3% $1.16 — $1.30 -20% YoY 5
Next FY $1.29 ▼ -10.1% $1.18 — $1.40 4% YoY 5

Top Institutional Holders

FundValueMove
TWO SIGMA INVESTMENTS, LP$5.7MADD
MORGAN STANLEY$1.1MTRIM
BANK OF AMERICA CORP$653.9KTRIM
WELLS FARGO & COMPANY/MN$200.0KADD

Recent Insider Trades

DateInsiderTypeValue
May 20, 2026Raterman ThomasBUY$44.3K
May 20, 2026Raterman ThomasA$44.3K
May 20, 2026SPRENG RA$19.1K
May 20, 2026SPRENG RBUY$19.1K
May 14, 2026Raterman ThomasA$667.00
4 institutional holders with $7.6M total value (851,444 shares) as of 2025-Q4. Top holders: TWO, MORGAN, BANK. Net selling activity: 1 institutions trimmed/exited vs 0 added.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1TWO SIGMA INVESTMENTS, LP635,132$5.7M74.6%ADD +99.2%
2MORGAN STANLEY120,687$1.1M14.2%TRIM -56.8%
3BANK OF AMERICA CORP /DE/73,225$653.9K8.6%TRIM -67.8%
4WELLS FARGO & COMPANY/MN22,400$200.0K2.6%ADD +61.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BANK OF AMERICA CORP /DE/TRIM227,43273,225-67.8%$653.9K2025-Q4
BANK OF AMERICA CORP /DE/TRIM379,143227,432-40.0%$2.3M2025-Q3
MORGAN STANLEYTRIM248,619107,517-56.8%$1.1M2025-Q3
UBS Group AGADD261,427399,007+52.6%$4.3M2025-Q2
BANK OF AMERICA CORP /DE/ADD285,388379,143+32.9%$4.1M2025-Q2
MORGAN STANLEYTRIM331,855248,619-25.1%$2.7M2025-Q2
TWO SIGMA INVESTMENTS, LPADD268,306534,378+99.2%$5.5M2025-Q1
MORGAN STANLEYADD170,135331,855+95.1%$3.4M2025-Q1
UBS Group AGTRIM479,657261,427-45.5%$2.7M2025-Q1
CITADEL ADVISORS LLCTRIM255,995149,821-41.5%$1.6M2025-Q1
WELLS FARGO & COMPANY/MNADD17,35627,936+61.0%$289.1K2025-Q1
UBS Group AGADD309,671479,657+54.9%$5.3M2024-Q4
CITADEL ADVISORS LLCDOUBLED126,060255,995+103.1%$2.8M2024-Q4
MORGAN STANLEYDOUBLED69,027170,135+146.5%$1.9M2024-Q4
WELLS FARGO & COMPANY/MNDOUBLED1,70117,356+920.3%$190.2K2024-Q4
MORGAN STANLEYTRIM113,08369,027-39.0%$710.3K2024-Q3
3 unique insiders with 4 transactions. Net insider value: -$3.6M ($82.8K bought, $3.7M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 20, 2026Raterman Thomas B.CFO, COOBUY7,000$6.34$44.3K
May 20, 2026Raterman Thomas B.CFO, COOA7,000$6.34$44.3K
May 20, 2026SPRENG R DAVIDPresident, CEO and CIOA3,000$6.37$19.1K
May 20, 2026SPRENG R DAVIDPresident and CEOBUY3,000$6.37$19.1K
May 14, 2026Raterman Thomas B.CFO, COOA100$6.67$667.00
May 14, 2026Raterman Thomas B.CFO, COOBUY2,900$6.67$19.3K
Apr 9, 2026Carlson Capital, L.P.10%+ OwnerSELL560,105$6.59$3.7M
Current analyst consensus: Hold (56% buy). Based on 16 analysts: 3 strong buy, 6 buy, 7 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$8.54 mean target +43.3% upside Strong Buy (3.00)
$6.50 Low $10.00 High
MetricValue
Current Price$5.96
Target Low$6.50
Target Mean$8.54
Target Median$8.88
Target High$10.00
# Analysts6
RecommendationStrong Buy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.30 $0.26 $0.33 -22.1% -17.3% 0↑ 4↓ $0.0B -10.3% 5
Next Q
2026-09-30
$0.32 $0.29 $0.33 -25.6% -13.5% 0↑ 4↓ $0.0B -4.6% 5
Current FY
2026-12-31
$1.24 $1.16 $1.30 -20.0% -13.3% 0↑ 4↓ $0.1B -3.7% 5
Next FY
2027-12-31
$1.29 $1.18 $1.40 4.3% -10.1% 0↑ 3↓ $0.1B 9.4% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.296
7d ago$0.296
30d ago$0.358-0.062
60d ago$0.367-0.072
90d ago$0.389-0.093
3 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 14, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Mar 17, 2026 B. Riley Securities MAINTAIN Buy Buy
Mar 16, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Mar 13, 2026 JP Morgan MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20263670056%
May 1, 20263670056%
Apr 1, 20263670056%
Mar 1, 20263670056%
Feb 1, 20263680053%
Jan 1, 20263680053%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 28, 2026
earnings
Runway Growth Finance Corp. Prices Offering of 7.00% Notes due 2029
<p align="left">MENLO PARK, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”),
May 18, 2026
short_volume
Short Volume: RWAY — 55.0% short (0.4M / 0.8M)
Short: 421,665 | Exempt: 12,378 | TRF Vol: 766,043 | Short Ratio: 55.0% | Off-exchange volume (dark pool + OTC)
May 15, 2026
short_volume
Short Volume: RWAY — 67.3% short (0.4M / 0.5M)
Short: 366,124 | Exempt: 100 | TRF Vol: 543,822 | Short Ratio: 67.3% | Off-exchange volume (dark pool + OTC)
May 8, 2026
short_volume
Short Volume: RWAY — 65.1% short (0.4M / 0.5M)
Short: 355,458 | Exempt: 62 | TRF Vol: 546,213 | Short Ratio: 65.1% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
RWAY Q1 2026 Earnings Scheduled — 2026-05-07
May 6, 2026
dividend
Runway Growth Finance Corp. Announces Second Quarter 2026 Dividend of $0.33 per Share
<p align="justify">MENLO PARK, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”
Apr 15, 2026
earnings
Runway Growth Finance Corp. Announces Date for First Quarter 2026 Financial Results and Conference Call
<p>MENLO PARK, Calif., April 15, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY), (“Runway Growth” or the “Company”), a leading
Apr 7, 2026
m_and_a
Runway Growth Finance Corp. Closes Acquisition of SWK Holdings Corporation and Provides First Quarter 2026 Business and Portfolio Update
<p align="center"><em>Closed Acquisition of SWK Holdings Corporation, Expanding Healthcare and Life Sciences Exposure and Scaling Platform</em></p>
Mar 12, 2026
earnings_calendar
RWAY Q4 2025 Earnings After Market Close — 2026-03-12