WisdomTree Inc’s recent filing unveils that its ETFS Capital Limited. unloaded Company’s shares for reported $34.02 million on Dec 02 ’24. In the deal valued at $11.34 per share,3,000,000 shares were sold. As a result of this transaction, ETFS Capital Limited. now holds 12,250,000 shares worth roughly $139.41 million.
Then, Ziemba Peter M sold 100,000 shares, generating $1,142,960 in total proceeds. Upon selling the shares at $11.43, the Chief Administrative Officer now owns 948,386 shares.
Before that, Ziemba Peter M bought 100,000 shares. WisdomTree Inc shares valued at $1,147,000 were divested by the Officer at a price of $11.47 per share.
Northland Capital upgraded its WisdomTree Inc [WT] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Northcoast also remained covering WT and has increased its forecast on December 28, 2023 with a “Buy” recommendation from previously “Neutral” rating. UBS started covering the stock on October 11, 2023. It rated WT as “a Buy”.
Price Performance Review of WT
On Friday, WisdomTree Inc [NYSE:WT] saw its stock fall -0.61% to $11.38. Over the last five days, the stock has lost -4.77%. WisdomTree Inc shares have risen nearly 64.21% since the year began. Nevertheless, the stocks have risen 72.69% over the past one year. While a 52-week high of $12.45 was reached on 11/25/24, a 52-week low of $6.24 was recorded on 01/04/24. SMA at 50 days reached $10.76, while 200 days put it at $9.87.
Levels Of Support And Resistance For WT Stock
The 24-hour chart illustrates a support level at 11.19, which if violated will result in even more drops to 10.99. On the upside, there is a resistance level at 11.57. A further resistance level may holdings at 11.75. The Relative Strength Index (RSI) on the 14-day chart is 51.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.98%. Stochastics %K at 27.58% indicates the stock is a holding.
How much short interest is there in WisdomTree Inc?
A steep rise in short interest was recorded in WisdomTree Inc stocks on 2024-11-15, growing by 2.44 million shares to a total of 21.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 19.17 million shares. There was a rise of 11.28%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 15, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $9 price target.
