Significant Insider Selling in Shares of WisdomTree Investments (WETF) Continues

Friday, March 09, 2018 10:15 PM ET

Significant Insider Selling in Shares of WisdomTree Investments (WETF) Continues

One insider — Michael H Steinhardt, Director — today, disposed of 177,009 shares of WisdomTree Investments having a market value of approximately $1,759,420, as indicated 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 acquisition of 19,710 company shares and the disposition of 868,444 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,025,743 shares and have averaged 213,033 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at WisdomTree Investments is higher than the 31-company peer group average. Investment Management peer group saw 26 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 2,094,693 shares purchased and 2,138,328 shares sold with company insiders disposing of 1,678 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in creating and writing this story.

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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