Downs Peter Mathison

NEWT President Peter Mathison bought 500 shares at $11.07 on 2025-05-29 (total $5.5K), now at $10.69; same-ticker history shows 0 of 2 prior buys well-timed at 90 days.

Peter Mathison, President of Newtek Bank, purchased 500 shares of NEWT at $11.07 on 2025-05-29, adding to his 94.2K-share position. The purchase occurred when the stock was -30.8% from its 52-week high of $15.46, and the current price of $10.69 reflects a -3.4% decline from the transaction price. However, his same-ticker history at NEWT shows concerning timing: his prior buy on 2024-12-23 saw a 90-day return of -4.6%, and his 2023-09-13 buy returned -16.4% at the 90-day mark, with 0 of 2 prior buys well-timed at the 90-day mark. His cross-ticker track record also reveals a 0% 90-day win rate on 3 prior open-market buys with an average 90-day return of -10.5%, suggesting a historical pattern of purchases made ahead of continued declines.

President of Newtek Bank buys 500 NEWT shares at $11.06; stock down 27.4% from 52-week high; 4 other insiders also bought within 14 days.

Downs Peter Mathison, President of Newtek Bank, purchased 500 shares at $11.06 on 2025-05-15, increasing his holdings from 93,185 to 93,685 shares. The timing is notable: the stock trades 27.4% below its 52-week high of $15.46, though it has recovered +10.3% over the past 30 days. This buy occurs within a cluster of 4 other insider purchases over the prior 14 days, suggesting coordinated or parallel assessment of value. However, Downs' own cross-ticker track record shows poor timing on prior open-market buys (0% 90-day win rate, average 90-day return -10.5%), and his prior two purchases at NEWT specifically generated negative returns at the 90-day mark (-0.4% and -4.6% respectively). The company's fundamentals are solid (P/E of 5.84, net income $9.4M on revenue $38.2M), and the cluster buy pattern may reflect confidence, but the insider's historical execution on similar trades warrants attention.

CLO Peter Mathison buys 750 NEWT shares at $12.93; 4 other insiders bought within 14 days

Peter Mathison, Chief Lending Officer, purchased 750 shares of NewtekOne at $12.93 on 2024-12-23, adding to his 91,379 pre-transaction holdings. This buy occurs amid a cluster pattern: 4 other insiders also purchased within the past 14 days, suggesting coordinated interest at current price levels. However, Mathison's own track record is cautionary—his sole prior buy at NEWT on 2023-09-13 resulted in a 90-day decline of -16.4%, and his cross-ticker track record shows 0 of 1 prior buys were well-timed (avg 90d return -16.4%, win rate 0.00%). The stock has declined 10.6% over 30 days and 16.0% from its 52-week high of $15.46, though the company posts solid fundamentals: $38.2M quarterly revenue and $11.9M net income with a P/E of 6.66. The cluster buy pattern provides some context for coordinated insider activity, but the insider's prior timing record offers limited evidence of prescience.