The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. WisdomTree Inc shares valued at $34,020,000 were sold by ETFS Capital Limited. on Dec 02 ’24. At $11.34 per share, ETFS Capital Limited. sold 3,000,000 shares. The insider’s holdings dropped to 12,250,000 shares worth approximately $117.84 million following the completion of this transaction.
Also, Ziemba Peter M sold 100,000 shares, netting a total of over 1,142,960 in proceeds. Following the sale of shares at $11.43 each, the insider now holds 948,386 shares.
Before that, Ziemba Peter M had added 100,000 shares to its account. In a trade valued at $1,147,000, the Officer bought WisdomTree Inc shares for $11.47 each.
As published in a research note from Northcoast on January 02, 2025, WisdomTree Inc [WT] has been rated down from a Buy to a Neutral. Analysts at Northland Capital upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early April. As of March 06, 2024, Craig Hallum has initiated its “Buy” rating for WT. Earlier on December 28, 2023, Northcoast upgraded its rating. Their new recommendation was “a Buy” for WT stock which previously was a “a Neutral”.
Analyzing WT Stock Performance
During the last five days, there has been a drop of approximately -8.38%. Over the course of the year, WisdomTree Inc shares have dropped approximately -8.38%. Shares of the company reached a 52-week high of $10.28 on 01/02/25 and a 52-week low of $9.60 on 01/07/25. A 50-day SMA is recorded $11.01, while a 200-day SMA reached $10.11. Nevertheless, trading volume fell to 1.95 million shares from 5.62 million shares the previous day.
Support And Resistance Levels for WisdomTree Inc (WT)
According to the 24-hour chart, there is a support level at 9.55, which, if violated, would cause prices to drop to 9.48. In the upper region, resistance lies at 9.76. The next price resistance is at 9.90. RSI (Relative Strength Index) is 27.43 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.56, which suggests the price will decrease in the coming days. Percent R is at 98.82%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
