WisdomTree, Inc. (NYSE:WT) Insider Sells $897,972.60 in Stock

WisdomTree, Inc. (NYSE:WT - Get Free Report) insider Alexis Marinof sold 90,980 shares of WisdomTree stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total value of $897,972.60. Following the sale, the insider now owns 221,146 shares in the company, valued at $2,182,711.02. The trade was a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

WisdomTree Stock Performance

Shares of NYSE:WT traded down $0.06 during trading on Friday, hitting $9.54. 1,263,915 shares of the company were exchanged, compared to its average volume of 1,648,681. WisdomTree, Inc. has a 52-week low of $6.78 and a 52-week high of $12.45. The stock has a 50 day moving average of $10.32 and a 200 day moving average of $10.38. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. The company has a market cap of $1.39 billion, a PE ratio of 30.77 and a beta of 1.47.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. As a group, equities research analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. WisdomTree's dividend payout ratio (DPR) is currently 38.71%.

Wall Street Analyst Weigh In

WT has been the subject of several research analyst reports. Keefe, Bruyette & Woods decreased their price target on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a research note on Tuesday, January 14th. UBS Group raised their target price on WisdomTree from $12.00 to $14.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Finally, Northcoast Research downgraded WisdomTree from a "buy" rating to a "neutral" rating in a research note on Thursday, January 2nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $12.54.

Institutional Trading of WisdomTree

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in shares of WisdomTree by 173.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after purchasing an additional 2,405 shares in the last quarter. GAMMA Investing LLC boosted its stake in WisdomTree by 76.8% during the third quarter. GAMMA Investing LLC now owns 4,054 shares of the company's stock valued at $40,000 after buying an additional 1,761 shares during the period. Stonebridge Financial Group LLC purchased a new position in WisdomTree during the fourth quarter worth about $60,000. KBC Group NV increased its stake in WisdomTree by 48.4% in the 4th quarter. KBC Group NV now owns 7,792 shares of the company's stock worth $82,000 after acquiring an additional 2,540 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in shares of WisdomTree in the 3rd quarter valued at about $105,000. Institutional investors own 78.64% of the company's stock.

About WisdomTree

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.