Public Employees Retirement System of Ohio bought a new position in shares of Wise Group plc (NASDAQ:WSE – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 105,455 shares of the company’s stock, valued at approximately $1,265,000.
Separately, Madison Asset Management LLC bought a new position in Wise Group in the 2nd quarter valued at $1,725,000.
Wise Group Stock Performance
Wise Group stock opened at $12.41 on Wednesday. Wise Group plc has a 1 year low of $10.36 and a 1 year high of $17.47. The stock’s 50-day moving average is $12.64. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 1.07.
Trending Headlines about Wise Group
Here are the key news stories impacting Wise Group this week:
- Positive Sentiment: Wise continued repurchasing shares under its previously announced £405 million buyback program. Treasury purchases can support demand, reduce shares outstanding and potentially improve earnings per share, though they also use company cash. Wise Group Ramps Up £405m Share Buyback with New Treasury Purchases
- Neutral Sentiment: Multiple law firms reiterated that September 29, 2026 is the deadline for investors to seek lead-plaintiff status in the pending class action. The notices primarily seek investor participation and do not represent a court finding of wrongdoing. Kaplan Fox Encourages Investors to Act
- Negative Sentiment: The securities lawsuit covers investors who acquired Wise securities between May 11 and July 23, 2026. The allegations claim Wise understated regulatory risks connected to anti-money-laundering deficiencies and that company disclosures may have misled investors. Two executives who signed SEC filings are named as individual defendants. SueWallSt Reminds Shareholders of Deadline
- Negative Sentiment: Several firms, including Pomerantz, Kaplan Fox, Glancy Prongay Wolke & Rotter, Bernstein Liebhard, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, SBS and Rosen, issued near-duplicate investor alerts. The unusually high volume of litigation publicity raises concerns about potential legal costs, reputational damage, regulatory scrutiny and future liabilities, likely outweighing the buyback-related support in the near term. Pomerantz Investor Alert
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on WSE shares. BNP Paribas Exane began coverage on Wise Group in a research report on Monday, June 1st. They set an “outperform” rating and a $16.69 target price for the company. Morgan Stanley began coverage on Wise Group in a report on Monday, June 29th. They set an “equal weight” rating and a $16.10 price objective for the company. Barclays raised shares of Wise Group to a “strong-buy” rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded shares of Wise Group from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Zacks Research raised shares of Wise Group to a “hold” rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.52.
Check Out Our Latest Stock Report on WSE
Wise Group Company 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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