$RWAY

Runway Growth Capital, adviser to Runway Growth Finance Corp. (RWAY), provides growth loans to venture- and non-venture-backed companies. CFO Carmela Thomson discusses her background, transition to the role, and the company's finance operations. RWAY's investments grew from $600M to $1.2B since its public listing. The company focuses on technology, life sciences, healthcare, and select consumer sectors.

Runway Growth Finance Corp. (RWAY) CFO Carmela Thomson bought 8,000 shares at $6.97 each, totaling $55,743. She now owns 12,840 shares. RWAY's Q2 2026 earnings beat estimates at $0.43 per share, with revenue of $37.03M. Bank of America maintains an underperform rating, citing operating environment concerns. RWAY pays a 20% dividend yield.

Bank of America maintained underperform ratings on six BDC stocks, including RWAY, GSBD, CGBD, and NMFC, citing concerns about operating environments, credit performance, and leverage. PSBD received a neutral rating, while MFIC's rating remained underperform due to credit weakness. Profitability and credit quality varied among the companies.

Runway Growth Finance (RWAY) leads a ranking of venture lending BDCs with $0.43 NII covering its $0.33 dividend, while Horizon Technology Finance (HRZN) required merger-expense adjustments. BC Partners committed to buy up to 10% of RWAY shares. Stellus Capital Investment (SCM) cut its dividend after Q2 results. RWAY's NAV per share is $6.23, HRZN's fell to $6.23, and SCM's rose 2%.

SPRENG R DAVID (President and Co-CEO) purchased 1,000 shares of Runway Growth Finance Corp. (RWAY) at $6.89 on 2026-08-14.

Thomson Carmela (CFO, Treasurer and Secretary) purchased 8,000 shares of Runway Growth Finance Corp. (RWAY) at $6.97 on 2026-08-13.

Runway Growth Finance Corp. (RWAY) shares fell about 2% to $6.46 after the stock went ex-dividend for its Q3 2026 cash distribution. The board set a $0.33 per-share quarterly payout, with an Aug. 17, 2026 record date and Aug. 31 payment. B. Riley raised its price target to $11 from $10 after Q2 2026 net investment income per share of $0.43.

Investing.com reports B Riley Securities reiterated a Buy on specialty finance company Runway Growth Finance (RWAY) for 2026 and raised its price target to $11 from $10. The target follows Q2 2026 results, including net investment income per share of $0.43 vs $0.26 estimate, revenue of $37.03 million, and NAV per share down 2% to $11.91.

Analysts covered Runway Growth Finance Corp (RWAY) and Pelagos Insurance Capital (PLGO). B. Riley Securities’ Sean-Paul Adams kept a Buy on RWAY and set a $11.00 target versus a $6.91 close. Consensus is Hold with a $7.67 target. For PLGO, Evercore ISI’s David Motemaden kept Hold with a $24.00 target versus a $22.56 close; Barclays also Hold at $23.00.

Runway Growth Capital appointed Michael Rovner as Co-CEO and Co-Chief Investment Officer, sharing the roles with founder David Spreng. Runway said Rovner previously led Ovation Partners at BC Partners after BC Partners acquired Ovation Partners in 2023. Runway is the investment adviser to Runway Growth Finance Corp. and private funds.