Newtek Business Services (NEWT)

CCC Real Estate Holdings, LLC • CDS Business Services, Inc. • Mobil Money, LLC • NBL SPV I, LLC • NBL SPV II, LLC • NBL SPV III, LLC • NBSH Holdings, LLC • Newtek Asset Backed Securities, LLC • Newtek Business Services Holdco 6, Inc. • Newtek Commercial Lending, Inc. ...

NEWT stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Results of Operations and Financial Condition

26 Feb 25

8-K

Results of Operations and Financial Condition

6 Jan 25

8-K

Departure of Directors or Certain Officers

Results of Operations and Financial Condition

16 Dec 24

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

11 Dec 24

8-K

Results of Operations and Financial Condition

12 Nov 24

Results of Operations and Financial Condition

Transcripts

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NEWT

Earnings call transcript

2024 Q4

27 Feb 25

NEWT

Earnings call transcript

2024 Q3

7 Nov 24

NEWT

Earnings call transcript

2024 Q2

6 Aug 24

NEWT

Earnings call transcript

2024 Q1

7 May 24

NEWT

Earnings call transcript

2023 Q4

6 Mar 24

NEWT

Earnings call transcript

2023 Q3

8 Nov 23

NEWT

Earnings call transcript

2023 Q2

3 Aug 23

NEWT

Earnings call transcript

2023 Q2

3 Aug 23

NEWT

Earnings call transcript

2023 Q1

9 May 23

NEWT

Earnings call transcript

2022 Q4

28 Feb 23

Latest ownership filings

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Salvatore Francis Mulia

6 Feb 25

FERNANDO PEREZ-HICKMAN

Financial summary

Financial statements Chart NEWT financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Mar 23	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	190.42 mm	190.42 mm	190.42 mm	190.42 mm	190.42 mm	190.42 mm
Cash burn (monthly)	5.31 mm	2.77 mm	(no burn)	(no burn)	8.56 mm	10.76 mm
Cash used (since last report)	26.96 mm	14.09 mm	n/a	n/a	43.48 mm	54.70 mm
Cash remaining	163.46 mm	176.33 mm	n/a	n/a	146.94 mm	135.72 mm
Runway (months of cash)	30.8	63.6	n/a	n/a	17.2	12.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

NEWT institutional ownership history Ownership history

34.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	104	100	+4.0%
Opened positions	21	24	-12.5%
Closed positions	17	13	+30.8%
Increased positions	39	37	+5.4%
Reduced positions	31	28	+10.7%

13F shares	Current	Prev Q	Change
Total value	109.95 bn	120.60 bn	-8.8%
Total shares	9.11 mm	9.72 mm	-6.3%
Total puts	37.95 k	52.60 k	-27.9%
Total calls	48.50 k	79.00 k	-38.6%
Total put/call ratio	0.8	0.7	+17.5%

Largest owners	Shares	Value	Change
BlackRock	2.04 mm	$25.45 bn	NEW
Vanguard	1.42 mm	$17.71 bn	+2.4%
Royce & Associates	751.29 k	$9.36 bn	-42.2%
Geode Capital Management	573.61 k	$7.15 bn	+4.0%
STT State Street	474.42 k	$5.91 bn	+1.0%
Marshall Wace	293.68 k	$3.66 bn	+8.6%
MS Morgan Stanley	195.61 k	$2.44 bn	+19.7%
NTRS Northern Trust	191.70 k	$2.39 bn	+0.2%
BK The Bank of New York Mellon Corporation	165.74 k	$2.07 bn	-9.9%
GS The Goldman Sachs Group, Inc.	154.32 k	$1.92 bn	+20.6%

Largest transactions	Shares	Bought/sold	Change
BlackRock	2.04 mm	+2.04 mm	NEW
BLK BlackRock	0.00	-1.83 mm	EXIT
Royce & Associates	751.29 k	-548.51 k	-42.2%
BEN Franklin Resources	0.00	-250.07 k	EXIT
Charles Schwab Investment Management	0.00	-192.07 k	EXIT
Jacobs Asset Management	0.00	-176.20 k	EXIT
Russell Investments	42.18 k	-162.17 k	-79.4%
Citadel Advisors	13.57 k	-153.54 k	-91.9%
Wellington Management	152.64 k	+152.64 k	NEW
American Century Companies	51.88 k	-138.83 k	-72.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NEWT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Oct 24	Michael Adam Schwartz	Common stock	Buy	Acquire P	No	No	13.46	537	7.23 k	61,540
21 Oct 24	Halli Razon-Feingold	Common stock	Buy	Acquire P	No	No	13.46	304	4.09 k	31,230
21 Oct 24	Frank M DeMaria	Common stock	Buy	Acquire P	No	No	13.46	436	5.87 k	33,026
21 Oct 24	Young Nicolas	Common stock	Buy	Acquire P	No	No	13.46	386	5.20 k	44,471
21 Oct 24	Salute Richard J	Common stock	Buy	Acquire P	No	No	13.46	39	524.94	34,222
2 Aug 24	Young Nicolas	Common stock	Payment of exercise	Dispose F	No	No	13.21	3,150	41.61 k	44,471
19 Jul 24	Michael Adam Schwartz	Common stock	Buy	Acquire P	No	No	14.38	348	5.00 k	61,540
19 Jul 24	Halli Razon-Feingold	Common stock	Buy	Acquire P	No	No	14.38	187	2.69 k	31,230
19 Jul 24	Frank M DeMaria	Common stock	Buy	Acquire P	No	No	14.38	349	5.02 k	33,026
19 Jul 24	Young Nicolas	Common stock	Buy	Acquire P	No	No	14.38	350	5.03 k	44,471