WisdomTree Investments, Inc. (NASDAQ:WETF) insider Kurt Macalpine bought 19,710 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was purchased at an average price of $10.38 per share, for a total transaction of $204,589.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of WisdomTree Investments, Inc. (NASDAQ WETF) opened at $10.01 on Friday. WisdomTree Investments, Inc. has a 52 week low of $7.87 and a 52 week high of $13.41. The firm has a market cap of $1,386.40, a price-to-earnings ratio of 50.05, a price-to-earnings-growth ratio of 1.57 and a beta of 2.69.

WisdomTree Investments (NASDAQ:WETF) last posted its quarterly earnings results on Friday, February 2nd. The asset manager reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.03). WisdomTree Investments had a net margin of 11.46% and a return on equity of 16.00%. The company had revenue of $61.39 million during the quarter, compared to the consensus estimate of $60.89 million. During the same period last year, the firm posted $0.03 earnings per share. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. equities analysts predict that WisdomTree Investments, Inc. will post 0.43 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 13th. WisdomTree Investments’s payout ratio is presently 160.00%.

WETF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods restated a “sell” rating and issued a $10.00 target price on shares of WisdomTree Investments in a report on Thursday, October 12th. Deutsche Bank assumed coverage on shares of WisdomTree Investments in a research note on Tuesday, October 17th. They issued a “buy” rating and a $13.00 price target for the company. Zacks Investment Research downgraded shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Northland Securities reaffirmed a “hold” rating and issued a $12.00 price target on shares of WisdomTree Investments in a research note on Sunday, October 29th. Finally, Citigroup reaffirmed a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a research note on Monday, October 30th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. WisdomTree Investments currently has an average rating of “Hold” and a consensus target price of $11.72.

Several large investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in shares of WisdomTree Investments by 3.5% during the second quarter. PNC Financial Services Group Inc. now owns 19,688 shares of the asset manager’s stock worth $201,000 after acquiring an additional 668 shares in the last quarter. Tudor Investment Corp ET AL increased its position in shares of WisdomTree Investments by 5.4% during the second quarter. Tudor Investment Corp ET AL now owns 14,289 shares of the asset manager’s stock worth $145,000 after acquiring an additional 726 shares in the last quarter. Amalgamated Bank increased its position in shares of WisdomTree Investments by 5.0% during the second quarter. Amalgamated Bank now owns 15,966 shares of the asset manager’s stock worth $162,000 after acquiring an additional 760 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in shares of WisdomTree Investments by 0.3% during the second quarter. TIAA CREF Investment Management LLC now owns 310,856 shares of the asset manager’s stock worth $3,161,000 after acquiring an additional 1,011 shares in the last quarter. Finally, Advisor Group Inc. increased its position in shares of WisdomTree Investments by 12.4% during the second quarter. Advisor Group Inc. now owns 15,383 shares of the asset manager’s stock worth $157,000 after acquiring an additional 1,700 shares in the last quarter. 89.75% of the stock is owned by institutional investors.

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WisdomTree Investments Company Profile

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

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