In trading on Monday, shares of NewtekOne Inc (Symbol: NEWT) touched a new 52-week high of $15.39/share. That's a 52.83% rise, or $5.32 per share from the 52-week low of $10.07 set back on 03/20/2024. That means at today's intraday high, any investor who purchased NEWT stock any time over the past 52 weeks has an unrealized gain, including company insiders.
Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, NEWT has seen 6 different instances of insiders buying over the trailing six month period.
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/15/2024 | Barry Sloane | Chairman & CEO | 10,000 | $14.17 | $141,716.38 |
| 05/15/2024 | Gregory L. Zink | Director | 1,000 | $14.15 | $14,152.00 |
| 05/22/2024 | Nicolas Young | President, Newtek Bank, N.A. | 500 | $13.23 | $6,615.00 |
| 06/17/2024 | Michael Scott Price | Chief Financial Officer | 2,000 | $12.59 | $25,184.80 |
| 06/17/2024 | Barry Sloane | Chairman & CEO | 5,000 | $12.54 | $62,695.00 |
| 06/17/2024 | Barry Sloane | Chairman & CEO | 5,000 | $12.92 | $64,590.00 |
| 06/17/2024 | Gregory L. Zink | Director | 1,000 | $12.92 | $12,920.00 |
| 06/18/2024 | Richard J. Salute | Director | 700 | $12.62 | $8,834.00 |
| 08/14/2024 | Barry Sloane | Chairman & CEO | 6,649 | $12.13 | $80,626.92 |
| 09/18/2024 | Gregory L. Zink | Director | 1,000 | $11.38 | $11,380.00 |
| 09/20/2024 | Salvatore Francis Mulia | Director | 500 | $11.72 | $5,860.00 |
| 09/20/2024 | Richard J. Salute | Director | 500 | $11.73 | $5,864.95 |
| 09/24/2024 | Barry Sloane | Chairman & CEO | 40,134 | $11.75 | $471,559.81 |
The chart below shows where NEWT has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Monday, NEWT shares are changing hands at $15.34/share, slightly below the new 52-week high.
Ten Bargains You Can Buy Cheaper Than The Insiders Did »
Also see:
Funds Holding EGLX
PINC Insider Buying
REV market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
