NEW CENTURY FINANCIAL CORP (NEW) is a publicly traded company in the Unknown sector. Across all available filings, 16 corporate insiders have executed 116 transactions totaling $31.5M, demonstrating a bearish sentiment with -$31.5M in net insider flow. The most recent transaction on Dec 18, 2007 involved a sale of 6,750 shares valued at $135.
No significant insider buying has been recorded for NEW in the recent period.
No significant insider selling has been recorded for NEW in the recent period.
Based on recent SEC filings, insider sentiment for NEW is bearish with an Insider Alignment Score of 0/100 and a net flow of -$31.5M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at NEW CENTURY FINANCIAL CORP (NEW) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 16 insiders are actively trading NEW stock, having executed 116 transactions in the past 90 days. The most active insider is Edward F. Gotschall (Executive), who has made 37 transactions totaling $24.7M.
Get notified when executives and directors at NEW file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Dec 18, 2007 | E. Lange Donald | Executive | Sale | 6,750 | $0.02 | $135 | |
| Dec 18, 2007 | E. Lange Donald | Executive | Sale | 7,895 | $0.02 | $158 | |
| Dec 18, 2007 | E. Lange Donald | Executive | Sale | 3,500 | $0.02 | $70 | |
| Feb 8, 2007 | Sachs Michael | Executive | Sale | 140,000 | $19.62 | $2.7M | Large |
| Feb 2, 2007 | A. Morrice Brad | Executive | Payment | 5,898 | $30.25 | $178.4K | |
| Feb 1, 2007 | K. Cole Robert | Executive | Award | 1,172 | $N/A | $0 | |
| Jan 22, 2007 | K. Cole Robert | Executive | Payment | 4,792 | $30.30 | $145.2K | |
| Jan 22, 2007 | F. Gotschall Edward | Executive | Payment | 4,020 | $30.30 | $121.8K | |
| Jan 22, 2007 | A. Morrice Brad | Executive | Payment | 4,020 | $30.30 | $121.8K | |
| Dec 19, 2006 | A. Morrice Brad | Executive | Option Exercise | 11,250 | $6.65 | $74.8K | |
| Dec 19, 2006 | A. Morrice Brad | Executive | Option Exercise | 5,625 | $10.47 | $58.9K | |
| Nov 21, 2006 | F. Gotschall Edward | Executive | Option Exercise | 57,395 | $10.47 | $600.9K | Large |
| Nov 21, 2006 | F. Gotschall Edward | Executive | Option Exercise | 78,750 | $18.66 | $1.5M | Large |
| Nov 21, 2006 | F. Gotschall Edward | Executive | Sale | 136,145 | $36.62 | $5.0M | Large |
| Nov 20, 2006 | F. Gotschall Edward | Executive | Option Exercise | 36,975 | $6.65 | $245.9K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 17 | $31.5M | 74.8% |
Exercise(M) | 47 | $6.8M | 16.1% |
Payment(F) | 17 | $3.8M | 9.1% |
Award(A) | 20 | $0 | 0.0% |
Gift(G) | 15 | $0 | 0.0% |
Insider selling pressure at NEW CENTURY FINANCIAL CORP has increased, with 16 insiders executing 116 transactions across all time. Total sales of $31.5M significantly outpace purchases of $0, resulting in a net outflow of $31.5M. This selling activity appears largely discretionary, which may warrant closer attention from investors.