Jasper Ridge Partners L.P. acquired a new stake in shares of Wise Group plc (NASDAQ:WSE – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 59,198 shares of the company’s stock, valued at approximately $705,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new stake in Wise Group in the second quarter valued at $1,265,000. Van ECK Associates Corp acquired a new position in shares of Wise Group during the second quarter valued at $1,608,000. Madison Asset Management LLC acquired a new position in shares of Wise Group during the second quarter valued at $1,725,000. Thornburg Investment Management Inc. bought a new position in shares of Wise Group during the second quarter worth about $2,009,000. Finally, Royal London Asset Management Ltd. bought a new position in shares of Wise Group during the second quarter worth about $2,514,000.
More Wise Group News
Here are the key news stories impacting Wise Group this week:
- Negative Sentiment: Several law firms, including SBS, Kaplan Fox, Rosen Law Firm, and others, reminded investors that a securities class action has been filed against Wise Group and certain officers. The case covers investors who purchased Wise securities from May 11 through July 23, 2026, with a September 29 deadline to seek lead-plaintiff status. The repeated notices increase visibility around the litigation and may weigh on investor sentiment. SBS securities lawsuit notice Kaplan Fox securities class action notice
- Negative Sentiment: The allegations reportedly concern statements that Wise represented compliance with AML and CTF requirements while regulators were documenting “long-standing deficiencies” at Wise’s U.S. operations. If substantiated, the claims could create legal costs, potential damages, regulatory exposure, and reputational risk. The allegations have not been proven in court. Wise shareholder alert
- Neutral Sentiment: Wise Group announced that its 2026 annual general meeting will take place on September 24, 2026. The announcement provides meeting details but does not identify a new operating, financial, or strategic catalyst. Wise Group 2026 annual general meeting details
Analyst Upgrades and Downgrades
Wise Group Price Performance
NASDAQ:WSE opened at $13.04 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Wise Group plc has a 1 year low of $10.36 and a 1 year high of $17.47. The stock has a fifty day simple moving average of $12.44.
Wise Group (NASDAQ:WSE – Get Free Report) last issued its quarterly earnings data on Thursday, June 25th. The company reported $0.12 earnings per share for the quarter. The company had revenue of $576.48 million for the quarter. Analysts forecast that Wise Group plc will post 0.57 earnings per share for the current year.
Wise Group Profile
Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom.
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