Monday, March 05, 2018 10:15 PM ET
WisdomTree Investments (WETF) sees Significant Insider Selling Continuing
A filing with the SEC today indicated a significant insider sale of WisdomTree Investments shares as — Michael H Steinhardt, Director — disposed of 119,762 shares in the company having a market value of approximately $1,164,869. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 19,710 company shares and the sale of 294,756 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 394,808 shares and have averaged 86,846 shares per transaction over this time period.
The number of insider buy/sell trades at WisdomTree Investments is greater than that of the 31 peer company average over the last 90-day period. The Investment Management peer group saw 24 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by WisdomTree Investments insiders is lower than its peers. Within the peer group there were 2,127,693 shares purchased and 872,529 shares sold with company insiders having bought 57,053 shares on average over this time period.
The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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