CLO Michael Schwartz buys 2,247 shares of NEWT at $13.91; 3 other insiders buy within 14 days
Michael Schwartz, Chief Legal Officer of NewtekOne, purchased 2,247 shares at $13.91 on 2026-01-14, increasing his holdings to 49,713 shares. This transaction is part of a cluster pattern, with 3 other insiders also buying within the past 14 days. The stock has appreciated 21.2% over the past 30 days and 39.7% over the past 90 days, currently trading at $14.64, near its 52-week high. NewtekOne's fundamentals show a P/E of 7.14 with recent quarterly net income of $17,901,000.00 against revenue of $38,166,000.00, suggesting operational profitability. The multiple insider purchases in proximity warrant investor attention as they reflect leadership appetite for share ownership at current valuations.