NEWTEK BUSINESS SERVICES INC (NKBS) is a publicly traded company in the Unknown sector. Across all available filings, 8 corporate insiders have executed 45 transactions totaling $896.6K, demonstrating a bullish sentiment with $254.9K in net insider flow. The most recent transaction on Sep 22, 2006 involved a transaction of 5,313 shares valued at $9.8K.
No significant insider buying has been recorded for NKBS in the recent period.
No significant insider selling has been recorded for NKBS in the recent period.
Based on recent SEC filings, insider sentiment for NKBS is bullish with an Insider Alignment Score of 64/100 and a net flow of $254.9K. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at NEWTEK BUSINESS SERVICES INC (NKBS) 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, 8 insiders are actively trading NKBS stock, having executed 45 transactions in the past 90 days. The most active insider is Christopher G. Payan (Executive), who has made 7 transactions totaling $662.2M.
Get notified when executives and directors at NKBS file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Sep 22, 2006 | G. Payan Christopher | Executive | Award | 5,313 | $1.84 | $9.8K | |
| Sep 22, 2006 | Schottenstein Jeff | Executive | Award | 5,450 | $1.84 | $10.0K | |
| Sep 22, 2006 | C. Beck David | Executive | Award | 5,450 | $1.84 | $10.0K | |
| Sep 22, 2006 | Francis Mulia Salvatore | Executive | Award | 3,406 | $1.84 | $6.3K | |
| Sep 22, 2006 | Adam Schwartz Michael | Executive | Award | 3,406 | $1.84 | $6.3K | |
| Sep 8, 2006 | Alan Schmidt Tracy | Executive | Purchase | 292,397 | $1.71 | $500.0K | |
| Jul 5, 2006 | G. Payan Christopher | Executive | Award | 5,540 | $9750.00 | $54.0M | Large |
| Jun 27, 2006 | C. Beck David | Executive | Purchase | 5,682 | $1.76 | $10.0K | |
| Jun 27, 2006 | Schottenstein Jeff | Executive | Purchase | 5,682 | $N/A | $0 | |
| Jun 22, 2006 | Francis Mulia Salvatore | Executive | Purchase | 3,551 | $1.76 | $6.2K | |
| Jun 22, 2006 | Adam Schwartz Michael | Executive | Award | 3,551 | $1.76 | $6.2K | |
| Jun 8, 2006 | Rubin Jeffrey | Executive | Gift | 4,000 | $N/A | $0 | |
| Apr 11, 2006 | Francis Mulia Salvatore | Executive | Purchase | 1,000 | $2.10 | $2.1K | |
| Mar 27, 2006 | C. Beck David | Executive | Purchase | 5,000 | $2.03 | $10.2K | |
| Mar 22, 2006 | Francis Mulia Salvatore | Executive | Purchase | 3,125 | $2.00 | $6.3K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Award(A) | 14 | $662.3M | 99.9% |
Purchase(P) | 18 | $575.8K | 0.1% |
Sale(S) | 1 | $320.8K | 0.0% |
Gift(G) | 12 | $0 | 0.0% |
Insiders at NEWTEK BUSINESS SERVICES INC are accumulating shares at an accelerated pace. With 8 insiders making 45 transactions totaling $575.8K in purchases versus $320.8K in sales, the net buying activity of $254.9K signals strong executive confidence. Christopher G. Payan (Executive) leads the buying activity with $662.2M in transactions across all time.