KBW analyst Michael Brown maintained a Hold rating on WisdomTree (WT – Research Report) yesterday and set a price target of $7.00. The company’s shares closed yesterday at $6.40.
According to TipRanks, Brown is a 4-star analyst with an average return of 11.9% and a 56.92% success rate. Brown covers the Financial sector, focusing on stocks such as WisdomTree, Bank of New York Mellon Corporation, and Artisan Partners.
The word on The Street in general, suggests a Hold analyst consensus rating for WisdomTree with a $7.69 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $7.51 and a one-year low of $4.89. Currently, WisdomTree has an average volume of 1.03M.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WT in relation to earlier this year.
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 (WT) Company Description:
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. The company was founded by Jonathan L. Steinberg on October 1, 1988 and is headquartered in New York, NY.
Read More on WT:
