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Insider Purchase: Director at $NEWT Buys 700 Shares

Automated

RICHARD J SALUTE, a director at $NEWT, bought 700 shares of the company on 08-01-2025 for an estimated $7,861. This trade was reported by Quiver Quantitative using data from a recent SEC filing. This increased their holdings of this class of stock by approximately 1.7%. Following this trade, they now own 42,205 shares of this class of $NEWT stock.

$NEWT Insider Trading Activity

$NEWT insiders have traded $NEWT stock on the open market 32 times in the past 6 months. Of those trades, 32 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $NEWT stock by insiders over the last 6 months:

  • BARRY SLOANE (Chairman & CEO) has made 19 purchases buying 32,000 shares for an estimated $357,846 and 0 sales.
  • RICHARD J SALUTE has made 5 purchases buying 7,100 shares for an estimated $78,948 and 0 sales.
  • GREGORY L ZINK has made 3 purchases buying 2,500 shares for an estimated $26,950 and 0 sales.
  • CRAIG JEFFRY BRUNET has made 2 purchases buying 1,500 shares for an estimated $17,183 and 0 sales.
  • PETER MATHISON DOWNS (President - Newtek Bank, N.A.) has made 2 purchases buying 1,000 shares for an estimated $11,065 and 0 sales.
  • FRANK M DEMARIA (EVP, Chief Financial Officer) purchased 500 shares for an estimated $5,610

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$NEWT Hedge Fund Activity

We have seen 73 institutional investors add shares of $NEWT stock to their portfolio, and 55 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$NEWT Price Targets

Multiple analysts have issued price targets for $NEWT recently. We have seen 3 analysts offer price targets for $NEWT in the last 6 months, with a median target of $12.0.

Here are some recent targets:

  • Crispin Love from Piper Sandler set a target price of $12.0 on 07/29/2025
  • Timothy Switzer from Keefe, Bruyette & Woods set a target price of $12.0 on 07/11/2025
  • Casey Alexander from Compass Point set a target price of $14.0 on 03/20/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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