The CFO of WisdomTree Investments (WETF) is Buying Shares


Today, the CFO of WisdomTree Investments (WETF), Amit Muni, bought shares of WETF for $80.73K.

In addition to Amit Muni, 3 other WETF executives reported Buy trades in the last month. This recent transaction increases Amit Muni’s holding in the company by 2.03% to a total of $4.09 million.

See today’s analyst top recommended stocks >>

Based on WisdomTree Investments’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $67.87 million and GAAP net loss of $11.56 million. In comparison, last year the company earned revenue of $61.39 million and had a net profit of $238K. WETF’s market cap is $921.6M and the company has a P/E ratio of 19.86. Currently, WisdomTree Investments has an average volume of 3.43M.

Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $7.50, reflecting a 26.5% upside.

The insider sentiment on WisdomTree Investments has been positive according to 47 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

WisdomTree Investments, Inc. operates as an asset management company that focuses on Exchange Traded Products(ETPs). It distributes ETPs within the asset management industry, including brokerage firms, registered investment advisors, institutional investors, private wealth managers and discount brokers.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts