NEWT CFO Frank Demaria Buys Company Shares

Frank Demaria, the Chief Financial Officer of NEWT, recently bought 500 shares of the company at $13.92 each. This purchase, made on June 15, 2026, totaled $6,960 and was not part of a pre-planned trading program.

Other Institutional Activity in NEWT

Several institutional investors have been active in NEWT. BlackRock, Inc. increased its holdings by 33,178 shares, bringing its total to 2,196,013 shares valued at about $24,046,341. Goldman Sachs Group Inc. also added 114,525 shares, resulting in 663,764 shares worth approximately $7,268,216. Meanwhile, Patriot Financial Partners GP II, L.P. maintained its position at 2,307,692 shares valued at $25,269,227.

NEWT Stock Snapshot

Shares of NEWT are trading near $13.92. The company has been experiencing various institutional movements, which could influence its market dynamics.

Insider Buying and Selling at NEWT

On June 15, 2026, Barry Sloane, the President, Chairman, and CEO, acquired 11,000 shares at an average price of $14.21. Similarly, Frank Demaria, the CFO, bought 500 shares at $13.92. These transactions were not pre-planned and indicate ongoing interest from insiders.

Analysts Set New Price Targets

Analysts have maintained a cautious approach towards NEWT. On May 1, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $13.00 target price. Piper Sandler also maintained a hold rating, setting their target at $14.00 in February 2026. The consensus among analysts is to hold, with an average target price around $13 to $14.

Bottom Line

Frank Demaria's recent purchase of NEWT shares reflects confidence in the company's future. Investors often track insider buying as a potential indicator of management's belief in the business. While these insider activities and institutional movements are noteworthy, they do not guarantee future performance. As always, it's important to consider the broader market and company-specific factors.