10 Stocks With The Most Insider Purchases In The Last Quarter

5. NewtekOne, Inc. (NASDAQ:NEWT)

Number of insider purchases in the last quarter: 12

Market capitalization: $314.97 million

In the middle of the list of 10 stocks with the most insider purchases in the last quarter is NewtekOne, the parent company of NewtekBank. The Boca Raton, Florida-based company provides a variety of deposit accounts, SBA loans, and commercial loans, including real estate loans. Its offering also includes electronic payment processing, cloud-based POS systems, insurance brokerage, payroll services, and technology solutions like website hosting, cloud hosting, and data recovery.

During the last quarter of 2024, 12 insiders, among which are the firm’s president and CEO, bought a total of around $187,790 worth of shares at an average price of $13.39. Having declined 6.19% since the beginning of the year, the stock is now trading at $11.98. Over the last 12 months, NewtekOne shares went up 2.48%.

In 2024, NewtekOne had a net income of $50.9 million and earnings per share (EPS) of $1.97, compared to $47.3 million and $1.89 per basic share in 2023. Newtek Bank and the company’s non-bank lending subsidiaries closed $1.5 billion of loans across all loan products for the twelve months ended December 31, 2024; a 33.1% increase over $1.1 billion of loans closed for the same period in 2023.

The company raised its 2025 annual EPS forecast range to $2.10 to $2.50 per basic and diluted common share, from its previous full-year 2025 EPS forecast range of $2.00 to $2.25 per basic and diluted common share.

In January, NewtekOne paid a quarterly cash dividend of $0.19 per share on its outstanding common shares.

According to three analysts, the average rating for NewtekOne stock is “Hold,” writes StockAnalysis. The average stock price target is $14.67, which is an increase of 22.45% from the latest price.