In a filing, WisdomTree Inc revealed 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 $128.62 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 Monday, WisdomTree Inc [NYSE:WT] saw its stock fall -1.41% to $10.50. Over the last five days, the stock has lost -8.77%. WisdomTree Inc shares have risen nearly 51.52% since the year began. Nevertheless, the stocks have risen 56.72% over the past one year. While a 52-week high of $12.45 was reached on 11/25/24, a 52-week low of $6.57 was recorded on 01/04/24. SMA at 50 days reached $11.02, while 200 days put it at $10.03.
Levels Of Support And Resistance For WT Stock
The 24-hour chart illustrates a support level at 10.37, which if violated will result in even more drops to 10.24. On the upside, there is a resistance level at 10.66. A further resistance level may holdings at 10.82. The Relative Strength Index (RSI) on the 14-day chart is 36.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.58%. Stochastics %K at 11.82% indicates the stock is a buying.
How much short interest is there in WisdomTree Inc?
A steep rise in short interest was recorded in WisdomTree Inc stocks on 2024-11-29, growing by 2.36 million shares to a total of 22.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 19.88 million shares. There was a rise of 10.6%, 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.
