MarketWise (MKTW) News Today

MarketWise (NASDAQ:MKTW - Get Free Report) announced its quarterly earnings data on Thursday. The newsletter publisher reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.08). The business had revenue of $105.05 million for the quarter. MarketWise had a negative return on equity of 0.74% and a net margin of 0.46%.

MarketWise, Inc. (NASDAQ:MKTW) announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Thursday, August 15th will be given a dividend of 0.01 per share by the newsletter publisher on Wednesday, September 25th. This represents a $0.04 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Thursday, August 15th.

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 206,300 shares, a decrease of 22.3% from the May 15th total of 265,500 shares. Based on an average trading volume of 124,600 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the shares of the stock are short sold.

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) major shareholder Greenhaven Road Investment Man sold 103,304 shares of the stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $1.58, for a total value of $163,220.32. Following the transaction, the insider now owns 1,893,408 shares in the company, valued at $2,991,584.64. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

MarketWise (NASDAQ:MKTW) Sees Strong Trading Volume

MarketWise (NASDAQ:MKTW) Trading 5.1% Higher

MarketWise, Inc. (NASDAQ:MKTW) announced a quarterly dividend on Friday, May 3rd. Investors of record on Wednesday, May 15th will be given a dividend of 0.01 per share by the newsletter publisher on Tuesday, June 25th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Tuesday, May 14th.

MarketWise (NASDAQ:MKTW) Trading Down 5.2%

MarketWise (NASDAQ:MKTW) Trading Up 3.8%

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 223,300 shares, a decrease of 24.3% from the March 15th total of 294,800 shares. Approximately 0.8% of the company's stock are short sold. Based on an average trading volume of 118,200 shares, the short-interest ratio is currently 1.9 days.

MarketWise (NASDAQ:MKTW) Trading 7.4% Higher

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 294,800 shares, a drop of 23.0% from the February 29th total of 383,100 shares. Based on an average daily volume of 132,600 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.1% of the shares of the stock are sold short.

UBS Group dropped their price target on MarketWise from $3.50 to $2.00 and set a "neutral" rating for the company in a research note on Thursday.

MarketWise (NASDAQ:MKTW) Shares Gap Down to $1.75

MarketWise (NASDAQ:MKTW) Stock Price Down 2.3%

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) CFO Erik Mickels acquired 11,363 shares of the firm's stock in a transaction on Thursday, March 21st. The shares were bought at an average cost of $1.73 per share, for a total transaction of $19,657.99. Following the acquisition, the chief financial officer now owns 817,998 shares in the company, valued at $1,415,136.54. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

MarketWise (NASDAQ:MKTW) Trading Down 6.3%

MarketWise, Inc. (NASDAQ:MKTW) declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Friday, March 15th will be paid a dividend of 0.01 per share by the newsletter publisher on Thursday, April 25th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, March 14th.

MarketWise (NASDAQ:MKTW) Shares Gap Up to $1.81

MarketWise (NASDAQ:MKTW) Trading Down 5.4%

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 294,500 shares, a drop of 28.1% from the November 30th total of 409,700 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 202,300 shares, the days-to-cover ratio is presently 1.5 days.