Smita Conjeevaram Buys WisdomTree Shares
Smita Conjeevaram acquired 5,509 shares of WisdomTree, Inc. on June 17, 2026.
Key Points
- Smita Conjeevaram bought 5,509 shares of WisdomTree, Inc. on June 17, 2026, with no purchase price disclosed.
- WisdomTree's stock, trading at $18.15, has a market cap of $2.8 billion and a forward P/E ratio of 14.01.
- Major funds like BlackRock and FMR reduced their holdings in WisdomTree, while Capital World Investors significantly increased their stake.
Smita Conjeevaram, an insider at WisdomTree, Inc., purchased 5,509 shares of the company on June 17, 2026. The transaction was not part of a pre-planned trading program, and the purchase price was not disclosed.
Insider Buying and Selling at WisdomTree, Inc.
Several insiders, including Smita Conjeevaram, Anthony Bossone, Tonia Pankopf, Lynn Blake, Daniela Mielke, and Shamla Naidoo, each acquired 5,509 shares of WisdomTree on June 17, 2026. These purchases were not part of planned trading programs, and no purchase prices were reported.
Other Institutional Activity in WisdomTree, Inc.
Institutional investors have been active in WisdomTree, Inc. BlackRock, Inc. reduced its holdings by 1,381,981 shares, leaving it with 17,657,453 shares valued at approximately $257.1 million. FMR LLC also cut its stake by 4,026,194 shares, holding 12,722,899 shares worth about $185.2 million. Wellington Management Group LLP trimmed its position by 610,270 shares, ending with 10,585,959 shares valued at $154.1 million. Conversely, Capital World Investors significantly increased its position, adding 4,281,548 shares to hold 6,811,059 shares valued at $99.2 million.
WisdomTree, Inc. Stock Snapshot
Shares of NYSE:WT traded near $18.15. WisdomTree, Inc. has a market cap of $2.8 billion, a P/E ratio of 44.66, and a forward P/E of 14.01. The stock's beta is 1.161, indicating moderate volatility. It has a 52-week low of $10.16 and a high of $19.85, with a 50-day moving average of $18.00 and a 200-day moving average of $14.85. The company maintains strong liquidity with a current ratio of 4.57 and a quick ratio of 4.51, but it carries a high debt-to-equity ratio of 253.19.
Recent Earnings
WisdomTree reported revenue of $545.1 million, reflecting a growth rate of 47.5%. The company's net margin stands at 11.3%, with a return on equity of 13.8%. Its earnings per share is $0.41. The next earnings report is scheduled for July 30, 2026.
Dividend
WisdomTree pays an annual dividend of $0.12, yielding 0.65% with a payout ratio of 29.3%. The ex-dividend date was not provided.
Analysts Set New Price Targets
On April 29, 2026, Oppenheimer maintained a 'buy' rating on WisdomTree with a price target of $21.00. Morgan Stanley, on April 1, 2026, maintained a 'hold' rating with a $16.50 target. Goldman Sachs also maintained a 'hold' rating with a $15.50 target on February 2, 2026. The consensus among seven analysts is a 'buy' rating, with an average price target of $19.97.
About WisdomTree, Inc.
WisdomTree, Inc., headquartered in New York, operates as a sponsor and manager of exchange-traded funds (ETFs). The company offers a range of ETFs across equities, currency, fixed income, and alternative asset classes. It also licenses its indexes for proprietary products and provides a platform for promoting the use of WisdomTree ETFs in 401(k) plans. WisdomTree was founded in 1985 and employs 357 people under the leadership of CEO Jonathan Laurence Steinberg.
Bottom Line
Insider buying can signal confidence in a company's prospects, as seen with Smita Conjeevaram's recent purchase of WisdomTree shares. Investors closely watch insider transactions for potential insights into a company's future. It's important to remember that this insider activity is backward-looking and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
