SWKH - Insider Move: Marcus Pennington Invests $72K In SWK Holdings Stock | Benzinga
Disclosed in the latest SEC filing, a significant insider purchase on July 1, involves Marcus Pennington, Director at SWK Holdings (NASDAQ:SWKH).
What Happened: In a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, it was disclosed that Pennington bought 4,304 shares of SWK Holdings, amounting to a total of $72,759.
SWK Holdings's shares are actively trading at $16.66, experiencing a down of 0.0% during Tuesday's morning session.
Get to Know SWK Holdings Better
SWK Holdings Corp is a healthcare capital provider. The company offers financing solutions to various life science companies, institutions, and inventors. It involves monetizing cash flow streams derived from commercial-stage products and related intellectual property through royalty purchases and financings, as well as through the creation of synthetic revenue interests in commercialized products. Through its wholly-owned subsidiary, it also provides non-discretionary investment advisory services to institutional clients. The company's operating segments are Finance Receivables and Pharmaceutical Development Services. It generates maximum revenue from the Finance Receivables segment.
Breaking Down SWK Holdings's Financial Performance
Revenue Growth: Over the 3 months period, SWK Holdings showcased positive performance, achieving a revenue growth rate of 25.16% as of 31 March, 2024. This reflects a substantial increase in the ...