WisdomTree Inc (NYSE: WT) is 68.69% higher on its value in year-to-date trading and has touched a low of $6.24 and a high of $12.45 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 $11.95 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $11.69, the stock is 2.38% and 9.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing -2.18% at the moment leaves the stock 19.45% off its SMA200. WT registered 79.57% gain for a year compared to 6-month gain of 17.72%. The firm has a 50-day simple moving average (SMA 50) of $10.6232 and a 200-day simple moving average (SMA200) of $9.76455.
The stock witnessed a 12.95% loss in the last 1 month and extending the period to 3 months gives it a 20.02%, and is -2.58% 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 3.14% over the week and 2.90% over the month.
WisdomTree Inc (WT) has around 314 employees, a market worth around $1.71B and $407.90M in sales. Current P/E ratio is 37.23 and Fwd P/E is 16.33. Profit margin for the company is 14.30%. Distance from 52-week low is 87.19% and -6.10% from its 52-week high. The company has generated returns on investments over the last 12 months (10.20%).
with sales reaching $112.33M over the same period.The EPS is expected to grow by 105.40% this year, but quarterly earnings will post 22.72% year-over-year. Quarterly sales are estimated to grow 23.65% in year-over-year returns.
WisdomTree Inc (WT) Top Institutional Holders
328.0 institutions hold shares in WisdomTree Inc (WT), with institutional investors hold 110.95% of the company’s shares. The shares outstanding are 146.10M, and float is at 127.64M with Short Float at 16.92%. Institutions hold 96.93% of the Float.
WisdomTree Inc (WT) Insider Activity
The most recent transaction is an insider sale by Ziemba Peter M, the company’s Chief Administrative Officer. SEC filings show that Ziemba Peter M sold 100,000 shares of the company’s common stock on Nov 15 ’24 at a price of $11.43 per share for a total of $1.14 million. Following the sale, the insider now owns 0.95 million shares.
Still, SEC filings show that on Nov 08 ’24, Steinberg Jonathan L (Chief Executive Officer) acquired 67,869 shares at an average price of $10.84 for $0.74 million. The insider now directly holds 9,240,707 shares of WisdomTree Inc (WT).