R Jarrett Lilien Sells 30,000 Shares of WisdomTree (NYSE:WT) Stock

WisdomTree, Inc. (NYSE:WT) COO R Jarrett Lilien sold 30,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $18.99, for a total transaction of $569,700.00. Following the transaction, the chief operating officer owned 1,110,245 shares in the company, valued at $21,083,552.55. This represents a 2.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

R Jarrett Lilien also recently made the following trade(s):

• On Wednesday, February 25th, R Jarrett Lilien sold 30,000 shares of WisdomTree stock. The shares were sold at an average price of $16.84, for a total transaction of $505,200.00.

WisdomTree Price Performance

WT opened at $19.08 on Friday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 4.18 and a current ratio of 4.57. The stock has a market capitalization of $2.92 billion, a P/E ratio of 46.54 and a beta of 1.13. The company’s 50-day simple moving average is $16.54 and its two-hundred day simple moving average is $14.78. WisdomTree, Inc. has a 52-week low of $9.24 and a 52-week high of $19.85.

WisdomTree (NYSE:WT) last posted its earnings results on Friday, May 1st. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. The business had revenue of $159.50 million for the quarter, compared to analysts’ expectations of $156.96 million. WisdomTree had a net margin of 11.26% and a return on equity of 33.31%. The business’s revenue for the quarter was up 47.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 EPS. As a group, analysts predict that WisdomTree, Inc. will post 1.13 EPS for the current year.

WisdomTree Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.03 per share. The ex-dividend date is Wednesday, May 13th. This represents a $0.12 annualized dividend and a yield of 0.6%. WisdomTree’s dividend payout ratio is currently 29.27%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Northland Securities set a $20.00 target price on shares of WisdomTree in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of WisdomTree from a “hold” rating to a “buy” rating in a research note on Tuesday. Weiss Ratings cut shares of WisdomTree from a “buy (b)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Oppenheimer increased their price objective on shares of WisdomTree from $20.00 to $21.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $16.80 price objective on shares of WisdomTree in a research note on Tuesday, May 5th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.47.

Hedge Funds Weigh In On WisdomTree

Several institutional investors have recently made changes to their positions in WT. Sowell Financial Services LLC increased its holdings in WisdomTree by 6.3% in the 4th quarter. Sowell Financial Services LLC now owns 11,518 shares of the company’s stock worth $140,000 after acquiring an additional 680 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in WisdomTree by 3.9% in the 4th quarter. Russell Investments Group Ltd. now owns 20,605 shares of the company’s stock worth $251,000 after acquiring an additional 778 shares in the last quarter. Cooper Financial Group increased its holdings in WisdomTree by 6.6% in the 4th quarter. Cooper Financial Group now owns 12,849 shares of the company’s stock worth $157,000 after acquiring an additional 799 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in WisdomTree by 9.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 12,220 shares of the company’s stock worth $170,000 after acquiring an additional 1,068 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in WisdomTree by 5.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 21,947 shares of the company’s stock worth $320,000 after acquiring an additional 1,108 shares in the last quarter. Institutional investors own 78.64% of the company’s stock.

About WisdomTree

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.