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CEO Barry Sloane, Newtek Business Services Inc. Insider Buys $10,600 of Shares

Barry Sloane, CEO of Newtek Business Services Inc., bought 4,000 shares of Newtek Business Services Inc. (Stock Symbol: Enter NEWT) at $2.66 per share for a total amount of $10.6 thousand on May 15th, 2014.


All stories in are for informational purposes only. This is NOT a stock recommendation. This story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at . About is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.