<div id="readability-page-1"><p>NewtekOne, Inc. (NASDAQ:NEWT - Get Free Report) Director Richard Salute purchased 900 shares of the business's stock in a transaction that occurred on Monday, December 8th. The stock was bought at an average price of $11.28 per share, for a total transaction of $10,152.00. Following the acquisition, the director owned 44,505 shares of the company's stock, valued at $502,016.40. This represents a 2.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.</p><h2>NewtekOne Stock Performance</h2><p>NEWT stock remained flat at $11.27 during midday trading on Monday. 63,447 shares of the company's stock were exchanged, compared to its average volume of 219,225. The company has a market cap of $325.59 million, a PE ratio of 5.05 and a beta of 1.26. NewtekOne, Inc. has a twelve month low of $9.12 and a twelve month high of $14.50. The stock's 50-day moving average is $10.66 and its 200-day moving average is $11.23. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 5.69. </p><p>NewtekOne (NASDAQ:NEWT - Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.63 by $0.04. The firm had revenue of $74.94 million for the quarter, compared to analyst estimates of $78.31 million. NewtekOne had a return on equity of 19.93% and a net margin of 15.59%. As a group, research analysts expect that  NewtekOne, Inc. will post 1.93 EPS for the current fiscal year. </p><h2>NewtekOne Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Friday, October 24th. Investors of record on Tuesday, October 14th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Tuesday, October 14th. NewtekOne's dividend payout ratio (DPR) is 34.08%. </p><h2>Hedge Funds Weigh In On NewtekOne</h2><p>A number of institutional investors have recently modified their holdings of NEWT. Jump Financial LLC raised its stake in  NewtekOne by 217.1% during the first quarter. Jump Financial LLC now owns 33,114 shares of the business services provider's stock valued at $396,000 after buying an additional 22,672 shares during the last quarter.  Prudential Financial Inc. increased its holdings in shares of  NewtekOne by 190.5% in the 2nd quarter. Prudential Financial Inc. now owns 212,228 shares of the business services provider's stock worth $2,394,000 after buying an additional 139,177 shares during the last quarter.  Dynamic Technology Lab Private Ltd boosted its stake in shares of  NewtekOne by 246.2% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 38,542 shares of the business services provider's stock worth $461,000 after purchasing an additional 27,409 shares during the period.  Connor Clark &amp; Lunn Investment Management Ltd. grew its stake in  NewtekOne by 37.3% in the 1st quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 158,982 shares of the business services provider's stock worth $1,901,000 after acquiring an additional 43,161 shares in the last quarter.  Finally, Boston Partners bought a new position in shares of  NewtekOne during the second quarter valued at approximately $801,000. Institutional investors and hedge funds own  38.35% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities research analysts recently commented on NEWT shares. Keefe, Bruyette &amp; Woods  reissued a &#34;market perform&#34; rating and issued a $13.00 price objective (up from $12.00) on shares of NewtekOne in a research note on Friday, September 19th. Wall Street Zen lowered NewtekOne from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Saturday, November 15th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of NewtekOne in a research report on Wednesday, October 8th. Finally, B. Riley began coverage on shares of NewtekOne in a research note on Monday, September 15th. They issued a &#34;buy&#34; rating and a $18.00 target price on the stock. One analyst  has rated the stock with a Strong Buy rating and four have issued  a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and an average price target of $14.25.</p><p><b>Get Our Latest Stock Analysis on NEWT</b></p><h2>NewtekOne Company Profile</h2> (Get Free Report)<p>NewtekOne, Inc operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans.</p><h2>Read More</h2><ul><li>Five stocks we like better than NewtekOne</li><li>Stock Market Upgrades: What Are They?</li><li>D-Wave's 22% Surge: What's Behind the December Rally?</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>Netflix Wins the Streaming Wars: The $82B Warner Bros. Deal</li><li>How to Use the MarketBeat Stock Screener </li><li>5 Robotics Stocks Catching Momentum After New Policy Tailwinds</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVXVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVXVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in NewtekOne Right Now?</h2><p>Before you consider NewtekOne, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NewtekOne wasn't on the list.</p><p>While NewtekOne currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NEWT

<p>NewtekOne Director Richard Salute bought 900 shares at $11.28 each, totaling $10,152.00, increasing his ownership by 2.06%. The stock remained flat at $11.27. NewtekOne reported $0.67 EPS, beating estimates. The company announced a $0.19 quarterly dividend. Hedge funds increased holdings, with institutional investors owning 38.35% of the stock. Analysts have mixed ratings, with a consensus "Hold" and an average price target of $13.00.</p>

NewtekOne (NASDAQ:NEWT) Director Buys $10,152.00 in Stock