News headlines about WisdomTree Investments (NASDAQ:WETF) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. WisdomTree Investments earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 44.9056696253703 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
Shares of WisdomTree Investments (NASDAQ:WETF) traded down $0.17 on Wednesday, reaching $11.59. 2,002,111 shares of the company were exchanged, compared to its average volume of 1,220,802. WisdomTree Investments has a 52-week low of $7.87 and a 52-week high of $13.41. The stock has a market capitalization of $1,600.00, a PE ratio of 52.68, a PEG ratio of 1.88 and a beta of 3.16.
A number of research analysts recently weighed in on the stock. Northland Securities reaffirmed a “hold” rating and issued a $12.00 price target on shares of WisdomTree Investments in a research note on Sunday, October 29th. Zacks Investment Research lowered shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. BidaskClub upgraded shares of WisdomTree Investments from a “buy” rating to a “strong-buy” rating in a report on Friday, December 22nd. Citigroup restated a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a research note on Monday, October 30th. Finally, Jefferies Group restated a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a research note on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $11.94.
In other WisdomTree Investments news, Director Frank Salerno sold 50,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $11.71, for a total transaction of $585,500.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 16.60% of the company’s stock.
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About WisdomTree Investments
WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.
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