WisdomTree Inc’s recently made public 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 $119.8 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.
Northcoast downgraded its WisdomTree Inc [WT] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in early April from “a Market perform” to “an Outperform”. Craig Hallum began covering WT with “Buy” recommendation on March 06, 2024. Northcoast revised its rating on December 28, 2023. It rated WT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WT
On Tuesday, WisdomTree Inc [NYSE:WT] saw its stock jump 1.66% to $9.78. Over the last five days, the stock has gained 5.27%. WisdomTree Inc shares have fallen nearly -6.86% since the year began. Nevertheless, the stocks have risen 34.34% over the past one year. While a 52-week high of $12.45 was reached on 01/02/25, a 52-week low of $6.67 was recorded on 01/13/25. SMA at 50 days reached $10.89, while 200 days put it at $10.12.
Levels Of Support And Resistance For WT Stock
The 24-hour chart illustrates a support level at 9.69, which if violated will result in even more drops to 9.59. On the upside, there is a resistance level at 9.86. A further resistance level may holdings at 9.94. The Relative Strength Index (RSI) on the 14-day chart is 39.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.67%. Stochastics %K at 38.00% 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 2024-12-31, dropping by 89676.0 shares to a total of 22.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 22.24 million shares. There was a decline of -0.4%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 11, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $9 price target.
