WisdomTree, Inc. (NYSE: WT) is 26.55% higher on its value in year-to-date trading and has touched a low of $6.05 and a high of $9.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WT stock was last observed hovering at around $8.68 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $8.77, the stock is -3.57% and 4.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 1.04% at the moment leaves the stock 21.42% off its SMA200. WT registered 35.55% gain for a year compared to 6-month gain of 25.82%.
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The stock witnessed a -2.01% loss in the last 1 month and extending the period to 3 months gives it a 20.47%, and is -3.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.02% over the week and 2.66% over the month.
WisdomTree, Inc. (WT) has around 303 employees, a market worth around $1.33B and $349.00M in sales. Current P/E ratio is 15.95 and Fwd P/E is 15.28. Profit margin for the company is 27.20%. Distance from 52-week low is 44.96% and -9.49% from its 52-week high. The company has generated returns on investments over the last 12 months (8.00%).
The EPS is expected to grow by 97.60% this year
The shares outstanding are 151.85M, and float is at 133.09M with Short Float at 8.17%.
WisdomTree, Inc. (WT) Insider Activity
The most recent transaction is an insider purchase by Steinberg Jonathan L, the company’s Chief Executive Officer. SEC filings show that Steinberg Jonathan L bought 303,781 shares of the company’s common stock on Feb 13 ’24 at a price of $7.20 per share for a total of $2.19 million. Following the purchase, the insider now owns 9.17 million shares.
WisdomTree, Inc. disclosed in a document filed with the SEC on Aug 17 ’23 that Ziemba Peter M (Chief Administrative Officer) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 17 ’23 and was made at $7.04 per share for $0.35 million. Following the transaction, the insider now directly holds 0.99 million shares of the WT stock.
Still, SEC filings show that on Aug 16 ’23, Ziemba Peter M (Chief Administrative Officer) disposed off 50,000 shares at an average price of $6.91 for $0.35 million. The insider now directly holds 1,038,082 shares of WisdomTree, Inc. (WT).
