Newtek Business Services Corp. (NEWT) Insider Trading Activity

NASDAQ$10.41
Market Cap
$274.22M
Sector
Financial Services
Industry
Asset Management
Rank in Sector
48 of 622
Rank in Industry
12 of 101

NEWT Insider Trading Activity

NEWT Median Price and Trade Amounts History Chart

Statistics of Insider Transactions

Amount of Insider Buys and Sells

Buys
$1,335,072
27
90
Sells
$29,484
3
10

Related Transactions

SLOANE BARRYChairman & CEO
8
$1.1M
0
$0
$1.1M
SALUTE RICHARD Jdirector
4
$82,862
0
$0
$82,862
Zink Gregory Ldirector
6
$71,574
0
$0
$71,574
PRICE MICHAEL SCOTTChief Financial Officer
1
$25,185
0
$0
$25,185
Brunet Craig Jeffrydirector
3
$23,597
0
$0
$23,597
Downs Peter MathisonChief Lending Officer
3
$20,763
0
$0
$20,763
Mulia Salvatore Francisdirector
1
$5,860
3
$29,484
$-23,624
DeMaria Frank MEVP, Chief Financial Officer
1
$5,610
0
$0
$5,610

About Newtek Business Services Corp.

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp.,was founded in 1998 and converted to a BDC company in 2014 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.

Insider Activity of Newtek Business Services Corp.

Over the last 12 months, insiders at Newtek Business Services Corp. have bought $1.34M and sold $29,484 worth of Newtek Business Services Corp. stock.

On average, over the past 5 years, insiders at Newtek Business Services Corp. have bought $590,904 and sold $58,141 worth of stock each year.

Highest buying activity among insiders over the last 12 months: SLOANE BARRY (Chairman & CEO) — $1.1M. SALUTE RICHARD J (director) — $82,862. Zink Gregory L (director) — $71,574.

The last purchase of 10,000 shares for transaction amount of $108,611 was made by SLOANE BARRY (Chairman & CEO) on 2025‑05‑29.

List of Insider Buy and Sell Transactions, Newtek Business Services Corp.

2025-05-29PurchaseSLOANE BARRYChairman & CEO
10,000
0.038%
$10.86
$108,611
-1.37%
2025-05-29PurchaseDowns Peter MathisonPresident - Newtek Bank, N.A.
500
0.0019%
$11.07
$5,535
-1.37%
2025-05-19PurchaseSLOANE BARRYChairman & CEO
10,000
0.0378%
$11.23
$112,326
-2.64%
2025-05-16PurchaseDeMaria Frank MEVP, Chief Financial Officer
500
0.0019%
$11.22
$5,610
-2.24%
2025-05-15PurchaseDowns Peter MathisonPresident - Newtek Bank, N.A.
500
0.0019%
$11.06
$5,530
-1.04%
2025-05-13PurchaseSLOANE BARRYChairman & CEO
10,000
0.0368%
$11.61
$116,126
-3.44%
2025-05-12PurchaseSALUTE RICHARD Jdirector
5,000
0.0182%
$11.07
$55,338
-0.63%
2025-05-12PurchaseBrunet Craig Jeffrydirector
1,000
0.0039%
$10.94
$10,944
-0.63%
2025-05-09PurchaseZink Gregory Ldirector
2,000
0.0073%
$10.39
$20,780
+6.10%
2025-03-21PurchaseZink Gregory Ldirector
500
0.0019%
$12.34
$6,170
-10.98%
2025-03-20PurchaseBrunet Craig Jeffrydirector
500
0.0019%
$12.48
$6,240
-11.98%
2024-12-23PurchaseSLOANE BARRYChairman & CEO
3,000
0.0114%
$12.95
$38,838
-5.10%
2024-12-23PurchaseDowns Peter MathisonChief Lending Officer
750
0.0028%
$12.93
$9,698
-5.10%
2024-12-23PurchaseSALUTE RICHARD Jdirector
1,000
0.0038%
$12.82
$12,825
-5.10%
2024-12-23PurchaseZink Gregory Ldirector
500
0.0019%
$12.75
$6,375
-5.10%
2024-12-23PurchaseBrunet Craig Jeffrydirector
500
0.0019%
$12.83
$6,413
-5.10%
2024-11-26PurchaseSLOANE BARRYChairman & CEO
3,000
0.0117%
$14.75
$44,250
-13.17%
2024-11-15PurchaseZink Gregory Ldirector
1,000
0.0038%
$13.95
$13,949
-10.38%
2024-09-23PurchaseSLOANE BARRYChairman & CEO
40,134
0.153%
$11.75
$471,560
+8.58%
2024-09-20PurchaseMulia Salvatore Francisdirector
500
0.0019%
$11.72
$5,860
+10.49%
Total: 317
*Gray background shows transactions not older than one year

Insider Historical Profitability

14.18%
SLOANE BARRYChairman & CEO
1200459
4.5572%
$12.5M810
+15.46%
Downs Peter MathisonPresident - Newtek Bank, N.A.
94185
0.3575%
$980,465.85290
+16.71%
Mulia Salvatore Francisdirector
45791
0.1738%
$476,684.313215
+13.89%
SALUTE RICHARD Jdirector
39222
0.1489%
$408,301.02410
+14.85%
Zink Gregory Ldirector
33924
0.1288%
$353,148.84550
+13.07%
DeMaria Frank MEVP, Chief Financial Officer
33526
0.1273%
$349,005.6610
PRICE MICHAEL SCOTTChief Financial Officer
21681
0.0823%
$225,699.2110
Brunet Craig Jeffrydirector
2500
0.0095%
$26,025.0040
<0.0001%
Kirschner Samdirector
56980
0.2163%
$593,161.8070
+10.27%
Schwartz Michael AdamChief Legal&Compliance Officer
40966
0.1555%
$426,456.06200
+13.63%
EDDELSON JENNIFER CATHERINEPrincipal Financial Officer
39977
0.1518%
$416,165.6780
+11.44%
YOUNG NICOLASPresident, Newtek Bank, N.A.
30691
0.1165%
$319,493.3130
+5.29%
Leger Nicholas JChief Accounting Officer
18493
0.0702%
$192,512.1340
+2.79%
Razon-Feingold HalliChief Administrative Officer
18145
0.0689%
$188,889.4540
+1.47%
Joshi NileshChief Information Officer
2898
0.011%
$30,168.1820
+17.03%
RAVEN JOHNChief Info. Security Officer
2166
0.0082%
$22,548.0620
+8.95%
TOWERS CHRISTOPHERChief Accounting Officer
1977
0.0075%
$20,580.5780
+23.91%
*Gray background shows insiders who have made transactions during last year

Historical Insider Profitability vs. Competitors

$16,747,806
287
16.44%
$162.74M
Newtek Business Services Corp.
(NEWT)
$3,888,545
272
14.18%
$274.22M
$110,776,365
170
0.96%
$214.77M
$15,231,173
142
32.86%
$173.11M
$9,351,327
116
12.80%
$388.45M
$3,329,679
103
9.67%
$303.87M
$3,763,592
94
10.01%
$426.88M
$2,625,041
91
4.00%
$201.08M
$3,229,650
85
11.56%
$350.44M
$1,891,413
58
9.59%
$144.89M
$4,187,210
51
19.94%
$290.08M
$36,712,281
51
24.11%
$175.09M
$9,014,091
50
12.31%
$371.01M
$5,286,305
44
9.39%
$144.95M
$2,240,929
28
22.49%
$387M
$1,532,484
27
15.79%
$136.22M
$2,776,698
16
10.44%
$361.91M
$1,013,522
12
10.95%
$371.37M
$4,508,518
4
4.26%
$148M

NEWT Institutional Investors: Active Positions

Increased Positions77+64.71%2M+19.36%
Decreased Positions50-42.02%596,445-6.3%
New Positions26New576,997New
Sold Out Positions15Sold Out98,065Sold Out
Total Postitions146+22.69%11M+13.07%

NEWT Ownership Change vs Market

Institutional Investor Ownership

Top Shareholders
Top Buyers
Top Sellers
New Shareholders
Sold-Out Shareholders
Active Shareholders
Blackrock, Inc.$22,496.007.88%2.13M+33,784+1.61%2025-03-31
Vanguard Group Inc$14,636.005.12%1.38M-38,305-2.69%2024-12-31
Geode Capital Management, Llc$6,184.002.17%584,541+10,933+1.91%2024-12-31
State Street Corp$5,145.001.8%486,332+11,913+2.51%2024-12-31
Royce & Associates Lp$4,734.001.66%447,461-303,831-40.44%2024-12-31
Goldman Sachs Group Inc$3,278.001.15%309,815+155,500+100.77%2024-12-31
Bank Of New York Mellon Corp$2,854.001%269,790-9,211-3.3%2025-03-31
Marshall Wace, Llp$2,761.000.97%260,960-32,723-11.14%2024-12-31
Wellington Management Group Llp$2,683.000.94%253,627+100,989+66.16%2024-12-31
Northern Trust Corp$2,223.000.78%210,102+18,407+9.6%2024-12-31

Financial Ratios

Summary
Comparison with Competitors

Price to Earnings

Price/Earnings to Growth

Price to Sales

Price to Book

Price/Free Cash Flow

Analyst Recommendations

Analyst Price Targets

Prismo does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. Prismo does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.