Newton Golf Director Hoge Widney Buys 40,579 Shares at $1.72 Avg. Price

Newton Golf Company, Inc. [NWTG] has recently announced that Director Hoge Brett Widney has made significant purchases of the company's shares. On May 23, 2025, Widney acquired 15,579 shares at a price of $1.7 per share. Furthermore, on May 27, 2025, he purchased an additional 25,000 shares at $1.74 per share.

Newton Golf Company, Inc. [NWTG] has recently seen significant share purchases by Director Hoge Brett Widney. On May 23, 2025, Widney acquired 15,579 shares at a price of $1.7 per share. Subsequently, on May 27, 2025, he purchased an additional 25,000 shares at $1.74 per share [1].

The stock price of Newton Golf Company has been volatile, with a recent decline of -6.67% since May 16, 2025. On the last trading day, May 27, 2025, the stock fell by -4.00%, dropping from $1.75 to $1.68. The stock has been in a downtrend, falling in 7 out of the last 10 days, and is down by -21.13% for this period [1].

The stock has shown signs of potential trend shifts, with a slower falling rate indicated. Support is expected at $1.65, and the next possible trend-top level is at $2.78. The high volatility and trend direction make it challenging to provide a forecast range. However, if the stock price manages to stay at current levels or higher, the prediction target may start to change positively [1].

The Newton Golf Company stock holds several negative signals, including sell signals from both short and long-term Moving Averages, which give a more negative forecast for the stock. The stock is within a very wide and falling trend, indicating weak performance in the near future [1].

For the upcoming trading day on Wednesday, May 28, 2025, Newton Golf Company is expected to open at $1.69 and move between $1.42 and $1.94, with a possible trading interval of +/-$0.258 (+/-15.33%) up or down from the last closing price. The stock is closer to the support from accumulated volume at $1.65 than the resistance at $1.83, making the trading risk/reward intra-day attractive [1].

Given the recent share purchases by Director Widney and the overall negative signals, investors should approach Newton Golf Company stock with caution. The stock is currently evaluated as a sell candidate.

References:
[1] https://stockinvest.us/stock/NWTG