NewtekOne, Inc. Price & Performance (NEWTH)

Royce & Associates LP has significantly reduced its holdings in NewtekOne, Inc., cutting its position by 40.4% in Q4 2024. The firm now owns 447,461 shares, valued at approximately $5.71 million. This move comes as other institutional investors, including Wellington Management and Bank of New York Mellon, increase their stakes.12

Short interest in NewtekOne, Inc. surged by 23.3% in February, reaching 1.16 million shares as of mid-month. This increase suggests growing skepticism among investors. The company’s stock performance has been steady, with a current price of $12.60 and a market cap of $331.44 million.23

CEO Barry Sloane recently acquired 3,000 shares of NewtekOne stock, boosting his ownership to over 1.16 million shares. This purchase underscores confidence in the company’s future performance, as insiders now hold 6.5% of the firm. The stock trades at a P/E ratio of 6.99, reflecting its value proposition.45