This collaboration aims to integrate Walnut's Property and Casualty (P&C) insurance into Pineapple's proprietary deal management system, PineappleONE, enhancing the home-buying process with a seamless insurance offering.

The Dow Jones index closed lower by more than 500 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Retractable Technologies The Trade: Retractable Technologies, Inc. (NYSE:RVP) President and CEO Thomas J Shaw bought a total of 12,710 shares at an average price of $1.13. To acquire these shares, it cost around $14,352. What's Happening:

Pineapple Financial (AMEX:PAPL) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.07) by 71.43 percent. The company reported quarterly sales of $736.45 thousand which missed the analyst consensus estimate of $1.10 million by 33.05 percent.

EF Hutton analyst Tim Moore initiates coverage on Pineapple Financial (AMEX:PAPL) with a Buy rating and announces Price Target of $5.5.

Pineapple Financial (AMEX:PAPL) reported quarterly losses of $(0.10) per share. The company reported $784.87 thousand in sales this quarter.

Pineapple Financial Inc. (NYSE:PAPL), ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across Canada, today announced the launch of PineappleONE, the first all-in-one deal management system that allows brokers to originate, manage, and submit mortgage deals to lenders and see all of the details of their mortgage deal in one time-saving view.  Unlike the other five deal origination platforms in the Canadian mortgage industry, PineappleONE manages the entire deal process seamlessly from one system, eliminating the guesswork for brokers when selecting the right lender pool and submission agent. With a click of a button

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Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Pineapple Financial Inc. (NYSE:PAPL), a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents across Canada, proudly announced its inclusion in the Report on Business (Globe and Mail) Ranking of Canada's Top Growing Companies for the second consecutive year.The Globe and Mail list ranks Canadian companies based on three-year revenue growth, evaluating businesses across various sectors, including finance, technology, and retail. Pineapple Financial earned its place with a remarkable 166% growth over the past three fiscal years, securing a spot amongst 416 companies. This achievement highlights the compa

Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - Pineapple Financial (NYSE:PAPL) - With the recent reforms to Canada's mortgage rules, the real estate market is poised for a resurgence in activity, offering significant growth opportunities for Pineapple Financial. The government's initiatives to increase accessibility for first-time buyers and support move-up buyers, alongside the rise of insured mortgage limits, signal an environment ripe for expansion. These reforms align with Pineapple's strategic focus on providing innovative mortgage solutions, positioning us to capture market share and drive growth in the coming quarters.New Mortgage Rule Changes: A Catalyst for Market GrowthT

Unlocking a Multi-Billion Dollar Market with Life, Creditor, and Disability Coverage for Mortgage ClientsToronto, Ontario--(Newsfile Corp. - September 19, 2024) - Pineapple Financial Inc. (NYSE:PAPL), a leading Canadian fintech platform, is thrilled to announce the official launch of Pineapple Insurance, a transformative new business vertical that is designed to unlock significant growth potential for the company. This development not only allows Pineapple to tap into Canada's multi-billion dollar insurance market but also offers clients a more personalized, comprehensive financial solution that integrates seamlessly with their mortgage needs. Pineapple Insurance is expected to become a corn

Toronto, Ontario--(Newsfile Corp. - September 5, 2024) - Pineapple Financial Inc. (NYSE:PAPL), a leading digital mortgage firm with an integrated network of partner brokerages and agents across Canada is strategically positioned to capture significant market share and drive revenue growth following the Bank of Canada's recent 25-basis-point rate cut, bringing the benchmark interest rate to 4.25%. As Canada enters a period of potential housing market upswing, Pineapple's scalable data-driven technology platform and market expertise are set to capitalize on the anticipated increase in mortgage activity while streamlining the home-buying process. Market Dynamics: A Surge in Housing Completions

Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - As inflationary pressures ease and economic conditions stabilize, the Bank of Canada (BoC) is widely expected to implement a series of interest rate cuts, potentially bringing the overnight rate down to 2.75% by mid-2025. These anticipated cuts represent not just a correction of the monetary policy but a pivotal opportunity for the Canadian mortgage market to regain momentum. For Pineapple (NYSE:PAPL), this macroeconomic shift presents a significant growth opportunity, positioning us at the forefront of a market poised for expansion.The BoC's policy adjustments are grounded in a broader economic context. Recent data suggests that Canada'

Toronto, Ontario--(Newsfile Corp. - August 21, 2024) - Pineapple Financial Inc. (NYSE:PAPL), a leading Canadian fintech company, today announced early-stage success showcasing the transformative impact of its PineappleONE platform. Designed to streamline mortgage processing, PineappleONE has significantly increased broker efficiency, resulting in a substantial rise in loan volumes and revenue for the company.Key Findings:Pineapple Financial's internal analysis revealed that brokers utilizing PineappleONE experienced a 32% reduction in deal processing time due to the platform's advanced automation features. This efficiency boost directly contributed to a 22.72% growth in mortgage loan volumes

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Pineapple Financial Inc. (NYSE:PAPL) ("Pineapple"), a leading fintech, today announced the launch of a real-time insights module within its proprietary deal management system, PineappleONE. This advancement strategically positions Pineapple and its brokers to capitalize on the upcoming surge in mortgage renewals across Canada.The introduction of this real-time insights module is expected to drive substantial growth in Pineapple's gross revenue and net profit margin over the next 12 months. By equipping mortgage brokers with the tools to offer timely, data-driven solutions, PineappleONE is designed to enhance broker efficiency, reduces cl

Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - Pineapple Financial Inc. (NYSE:PAPL) ("the Company" or "Pineapple"), a leading mortgage fintech with a nationwide network of partner brokerages and agents, is pleased to report significant results from its Pineapple Counsellor Program. Today, we are pleased to announce the initial results since the program's inception. A key success indicator is the significant increase in higher-margin revenue. Our average margin outside the program stands at 7.94%, while within the program we have achieved an impressive margin of 34.8%.Over the past 28 months, the Canadian mortgage industry has faced significant challenges, including high inflation and r

Toronto, Ontario--(Newsfile Corp. - July 25, 2024) - Pineapple Financial Inc. (NYSE:PAPL), Canada's mortgage fintech leader, with an extensive network of partner brokerages and agents throughout Canada, announced today the Bank of Canada (BoC) reduced its benchmark interest rate by 25 basis points to 4.5%.This marks the second consecutive rate cut in the current cycle and signifies a crucial shift aimed at stimulating economic activity amid a cooling inflation environment. This rate reduction is particularly noteworthy as it follows nearly ten months of elevated rates and over two years of restrictive policy that had put significant pressure on the Canadian mortgage market. Governor Tiff Mac

Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Pineapple Financial Inc. (NYSE:PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with a comprehensive network of partner brokerages and agents across Canada, proudly announces a groundbreaking partnership with Walnut Insurance. This collaboration aims to integrate Walnut's Property and Casualty (P&C) insurance into Pineapple's proprietary deal management system, PineappleONE, enhancing the home-buying process with a seamless insurance offering."We are super excited about this opportunity with Walnut. Every Canadian must purchase insurance as part of the mortgage process. This offering makes it super simple for applica

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TORONTO, Dec. 12, 2023 /PRNewswire/ - Pineapple Financial Inc. (NYSE:PAPL), a tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across Canada, today announced that it would host a conference call on Friday, December 15, 2023, at 8:00 am Eastern time to discuss the company's Fiscal Year 2023 financial results ended August 31, 2023. These results will be announced Thursday, December 14, shortly after 4:00 pm Eastern time. PAPL) (CNW Group/Pineapple Financial Inc.)" alt="Pineapple Financial Inc. (NYSE:PAPL) (CNW Group/Pineapple Financial Inc.)">