Newton Golf shares surge 22.78% after hours as insiders buy 173,548 shares, signaling confidence in 113% Q3 revenue growth and expanded distribution.

Newton Golf surged 22.78% in after-hours trading following insider share purchases by executives and a board member, signaling confidence in the company’s growth prospects. The stock’s rally coincided with the announcement that CEO Greg Campbell, CFO Jeff Clayborne, and director Brett Hoge acquired 173,548 shares, increasing insider ownership to 8.8%. The purchases followed the release of third-quarter results showing $2.58 million in revenue, a 113% year-over-year increase, driven by strong demand for Fast Motion shafts and expanded distribution in Asia. The company reaffirmed its 2025 revenue guidance of $7 million–$7.5 million and plans to launch new premium shaft lines in 2026. While the quarter.