The Chief Investment Strategist of WisdomTree Investments is Exercising Options


Today it was reported that the Chief Investment Strategist of WisdomTree Investments (NASDAQ: WETF), Luciano Siracusano, exercised options to buy 25,000 WETF shares at $0.70 a share, for a total transaction value of $17.5K.

This recent transaction increases Luciano Siracusano’s holding in the company by 5.3% to a total of $3.92 million.

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Based on WisdomTree Investments’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $71.56 million and quarterly net profit of $15.11 million. In comparison, last year the company earned revenue of $56.52 million and had a net profit of $12.11 million. WETF’s market cap is $1.21B and the company has a P/E ratio of 34.05. Currently, WisdomTree Investments has an average volume of 125.2K.

Luciano Siracusano’s trades have generated a -33.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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