Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. WisdomTree Inc shares valued at $897,909 were sold by Marinof Alexis on Feb 04 ’25. At $9.87 per share, Marinof Alexis sold 90,980 shares. The insider’s holdings dropped to 221,146 shares worth approximately $2.17 million following the completion of this transaction.
Also, Marinof Alexis purchased 90,980 shares, netting a total of over 897,972 in proceeds.
Before that, ETFS Capital Limited. had sold 3,000,000 shares from its account. In a trade valued at $34,020,000, the traded WisdomTree Inc shares for $11.34 each. Upon closing the transaction, the insider’s holdings decreased to 3,000,000 shares, worth approximately $120.05 million.
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 surge of approximately 2.08%. Over the course of the year, WisdomTree Inc shares have dropped approximately -6.67%. Shares of the company reached a 52-week high of $10.28 on 01/02/25 and a 52-week low of $9.07 on 01/13/25. A 50-day SMA is recorded $10.30, while a 200-day SMA reached $10.19. Nevertheless, trading volume fell to 1.16 million shares from 1.46 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 9.72, which, if violated, would cause prices to drop to 9.64. In the upper region, resistance lies at 9.86. The next price resistance is at 9.91. RSI (Relative Strength Index) is 46.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 50.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
