CFO Frank M DeMaria buys 1,556 shares of NEWT at $13.91; 3 other insiders bought within 14 days (cluster buy)
DeMaria's purchase of 1,556 shares at $13.91 on 2026-01-14 represents a +4.6% increase in his holdings to 35,220 shares. The transaction occurs during a period of strong price appreciation: NEWT has risen 21.2% over the past 30 days and 39.7% over 90 days, currently trading at $14.64, the 52-week high. Most notably, this buy is accompanied by a cluster pattern—3 other insiders also purchased shares within the past 14 days—which often signals coordinated confidence or reaction to shared information. DeMaria's own cross-ticker track record shows 100% win rate on his prior buys at the 90-day mark, though he has only 1 prior transaction at NEWT (which returned +7.8% over 90 days). The stock trades at a P/E of 7.14 with strong fundamentals: $38.2M in latest quarterly revenue and $17.9M in net income.
CFO DeMaria buys 500 shares of NEWT at $11.22 as part of cluster buy pattern—6 insiders purchasing within 14 days
DeMaria Frank M, EVP and Chief Financial Officer, purchased 500 shares at $11.22, increasing his holdings from 33,026 to 33,526 shares. This transaction is part of a coordinated cluster pattern: 5 other insiders also bought within the past 14 days. The timing coincides with a 30-day price recovery of +10.2%, though the stock remains -27.1% from its 52-week high of $15.46. With a P/E of 5.87 and net income of $9.4M on revenue of $38.2M, the company trades at a compressed valuation multiple. The multi-insider buy pattern warrants examination of whether this reflects management conviction about underlying value or other triggering factors.
