On November 15, 2024, Peter Ziemba, Chief Administrative Officer of WisdomTree Inc (WT, Financial), executed a sale of 100,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 948,386 shares of WisdomTree Inc.
WisdomTree Inc is a financial services company specializing in exchange-traded products and asset management. The company offers ETFs across equities, fixed income, currencies, and commodities.
Over the past year, the insider has sold a total of 100,000 shares and has not made any purchases. This recent sale is part of a broader trend within the company, where there have been 2 insider buys and 1 insider sell over the past year.
Shares of WisdomTree Inc were trading at $11.43 on the day of the transaction. The company has a market cap of approximately $1.696 billion. The price-earnings ratio of the stock stands at 40.03, significantly above both the industry median of 11.35 and the company's historical median.
According to the GF Value, the intrinsic value of WisdomTree Inc is estimated at $9.27 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.23.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This sale by the insider may be of interest to current and potential investors, providing insight into the insider's perspective on the stock's valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
