Continued Level of Significant Insider Selling at WisdomTree Investments (WETF)

Wednesday, March 07, 2018 10:15 PM ET

Continued Level of Significant Insider Selling at WisdomTree Investments (WETF)

One WisdomTree Investments insider Michael H Steinhardt, Director, today, sold 453,926 shares having a market value of approximately $4,490,855, as disclosed in a form 4 document filed with the SEC. 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 disposition of 414,518 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 848,734 shares and have averaged 177,631 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at WisdomTree Investments is greater than the 31-company peer group average. Investment Management peer group saw 24 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for WisdomTree Investments insiders was also higher. Within the peer group there were 2,127,693 shares purchased and 987,562 shares sold with company insiders purchasing 54,292 shares on average.

The data used in evaluating 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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