In a filing, NewtekOne Inc revealed its Chief Lending Officer Downs Peter Mathison acquired Company’s shares for reported $9698.0 on Dec 23 ’24. In the deal valued at $12.93 per share,750 shares were bought. As a result of this transaction, Downs Peter Mathison now holds 92,129 shares worth roughly $1.22 million.
Then, Zink Gregory L bought 500 shares, generating $6,375 in total proceeds. Upon buying the shares at $12.75, the Director now owns 33,517 shares.
Before that, SLOANE BARRY bought 3,000 shares. NewtekOne Inc shares valued at $38,838 were divested by the Chairman & CEO at a price of $12.95 per share. As a result of the transaction, SLOANE BARRY now holds 1,164,855 shares, worth roughly $15.38 million.
B. Riley Securities downgraded its NewtekOne Inc [NEWT] rating to a Neutral from a a Buy in a research note published on September 04, 2024; the price target was decreased to $13 from $16. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Piper Sandler began covering NEWT with “Neutral” recommendation on February 22, 2023. Raymond James revised its rating on August 08, 2022. It rated NEWT as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of NEWT
On Tuesday, NewtekOne Inc [NASDAQ:NEWT] saw its stock jump 1.62% to $13.20. Over the last five days, the stock has gained 0.08%. NewtekOne Inc shares have fallen nearly -4.35% since the year began. Nevertheless, the stocks have fallen -8.52% over the past one year. While a 52-week high of $15.49 was reached on 11/11/24, a 52-week low of $10.07 was recorded on 03/20/24. SMA at 50 days reached $13.81, while 200 days put it at $12.72.
Levels Of Support And Resistance For NEWT Stock
The 24-hour chart illustrates a support level at 13.00, which if violated will result in even more drops to 12.80. On the upside, there is a resistance level at 13.34. A further resistance level may holdings at 13.48. The Relative Strength Index (RSI) on the 14-day chart is 43.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.41%. Stochastics %K at 25.04% indicates the stock is a holding.
How much short interest is there in NewtekOne Inc?
A steep rise in short interest was recorded in NewtekOne Inc stocks on 2024-11-29, dropping by -0.15 million shares to a total of 0.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.12 million shares. There was a decline of -15.02%, which implies that there is a negative sentiment for the stock.
