Insider Cluster (2 insiders) ·Filed May 7, 2026
Insider cluster: 2 insiders, $27K total
Actionable Insight • Neutral
The $27K in director purchases is too small to signal conviction. Monitor for larger insider buying or selling in the next 30 days to gauge management's view post-earnings.
Final — all horizons settled through T+60d
NEWT ▲ +9.14% at T+60d
NEUTRAL call +9.14% · α vs SPY +5.31% · entry $13.67 → $14.92
T+1d
+4.39%
call +4.39% · α +3.56%
$14.27
settled 6mo ago
T+5d
-6.07%
call -6.07% · α -7.58%
$12.84
settled 6mo ago
T+20d
-7.46%
call -7.46% · α -10.60%
$12.65
settled 5mo ago
T+60d
+9.14%
call +9.14% · α +5.31%
$14.92
settled 3mo ago
Price Chart
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Executive Summary
Two NewtekOne directors made open-market purchases totaling $27K in the week following the company's Q1 2026 earnings release. The purchases are small relative to the $411M market cap (0.007%) and represent routine insider activity with no material signal.
Key Financial Metrics
Direction
buying
Total Value
$27.3K
Insiders
2
Key Facts
- Director Gregory L. Zink purchased 1,000 shares at $13.87 on May 8, 2026 ($13,870)
- Director Richard J. Salute purchased 1,000 shares at $13.47 on May 7, 2026 ($13,470)
- Total cluster value: $27,340 — 0.007% of $411M market cap
- Both transactions are open-market purchases (code P), not grants or awards
- Purchases occurred 7-8 days after Q1 2026 earnings release on April 30, 2026
Financial Impact
Total insider purchases of $27K — trivial relative to $411M market cap
Risk Factors
- Insider purchases are immaterial in size — may reflect routine portfolio rebalancing, not conviction
- No C-suite participation reduces signal value
Market Snapshot
Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
54% bullish (13 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NEWT-1778503823881 |
17 reports for NEWT
100% Hit rate @ T+5 Went positive at some point 4 of 4 best @ T+60▲ +30.28%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $11.62 | awaiting T+5 | — | $11.47 (−1.33%) |
Oct 15, 2026 12d ago | Press Release | $10.94 | awaiting T+5 | — | $11.47 (+4.80%) |
Sep 14, 2026 6w ago | 8-K | $12.26 $11.64 | ▼ −5.06% | ▼ −6.72% | $11.47 (−6.48%) |
Aug 28, 2026 8w ago | Press Release | $11.91 $12.44 | ▲ +4.45% | ▲ +4.34% | $11.47 (−3.74%) |
Jul 22, 2026 13w ago | EFFECT | $14.73 $14.74 | ▲ +0.07% | ▲ +2.47% | $11.47 (−22.17%) |
Jun 25, 2026 17w ago | S-3 | $14.69 $14.57 | ▼ −0.82% | ▼ −2.98% | $11.47 (−21.95%) |
Jun 16, 2026 19w ago | Insider Cluster | $13.92 $14.14 | ▲ +1.58% | ▲ +3.81% | $11.47 (−17.64%) |
Jun 15, 2026 19w ago | Insider Cluster | $13.72 $13.74 | ▲ +0.15% | ▲ +1.53% | $11.47 (−16.44%) |
Jun 15, 2026 19w ago | Insider Buy | $13.72 $13.74 | ▲ +0.15% | ▲ +1.53% | $11.47 (−16.44%) |
Jun 12, 2026 19w ago | 8-K | $14.00 $13.91 | ▼ −0.64% | ▼ −1.32% | $11.47 (−18.11%) |
Showing 10 of 17
US Market Status
Market Open — Closes in 3h 41m
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