NewtekOneNEWT
About: NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions. It has four reportable segments Banking, Technology, NSBF, and Payments.
Employees: 567
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
50% more call options, than puts
Call options by funds: $993K | Put options by funds: $661K
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
19% more capital invested
Capital invested by funds: $104M [Q1] → $123M (+$19.6M) [Q2]
12% more funds holding
Funds holding: 90 [Q1] → 101 (+11) [Q2]
1.52% more ownership
Funds ownership: 38.13% [Q1] → 39.65% (+1.52%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities Bryce Rowe 50% 1-year accuracy 4 / 8 met price target | 4%downside $13 | Neutral Downgraded | 4 Sept 2024 |
Financial journalist opinion
Based on 4 articles about NEWT published over the past 30 days
