CEO’s Bold Move: Major Stock Purchase in Newtek Business

New insider activity at Newtek Business ( (NEWT) ) has taken place on May 21, 2025.

Chairman and CEO Barry Sloane has made a significant investment in Newtek Business by purchasing 10,000 shares of the company’s stock, valued at $112,265.

Recent Updates on NEWT stock

In the last 24 hours, Newtek Business Services (NEWT) has seen significant developments following its Q1 2025 earnings release. The company reported a diluted EPS of $0.35, surpassing the consensus estimate of $0.31, highlighting strong financial performance despite a challenging economic environment. Key factors contributing to this performance include a 47% year-over-year increase in pre-provision net revenue and successful loan securitizations. The company also reported a 13.2% year-over-year increase in book value per common share and improved its efficiency ratio from 71% to 62%. However, NewtekOne acknowledged challenges in the credit market, particularly within its SBA 7(a) loan portfolio, and is cautious about potential regulatory impacts. Despite these challenges, the company remains optimistic about its unique business model and forecasts a 17% annual EPS growth for 2025. Keefe Bruyette adjusted its price target for NewtekOne, citing the company’s momentum and potential market share gains due to recent changes in Small Business Administration underwriting requirements.

Spark’s Take on NEWT Stock

According to Spark, TipRanks’ AI Analyst, NEWT is a Neutral.

Newtek’s overall score reflects significant financial challenges, particularly with revenue and cash flow. However, the valuation is attractive with potential for income, and recent earnings call highlights suggest cautious optimism amid credit environment challenges.

To see Spark’s full report on NEWT stock, click here.

More about Newtek Business

YTD Price Performance: -10.06%

Average Trading Volume: 283,896

Technical Sentiment Signal: Sell

Current Market Cap: $296.9M