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Interesting WETF Put And Call Options For December 20th
Monday, April 29, 10:34 AM ET, by Market News Video Staff

Investors in WisdomTree Investments, Inc. (WETF) saw new options become available this week, for the ...

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Top Buys by Directors: Steinberg's $989K Bet on WETF

By Market News Video Staff, Wednesday, August 7, 1:03 PM ET
Play Video: One Reason For Insiders to Buy

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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $989K invested across 2 purchases by Jonathan L. Steinberg, Chief Executive Officer at WisdomTree Investments, Inc. (NASDAQ:WETF).

Steinberg bets big on WETF:

Purchased Insider Title Shares Price/Share Value
05/13/2019 Jonathan L. Steinberg Chief Executive Officer 75,000 $6.57 $492,765.00
05/23/2019 Jonathan L. Steinberg Chief Executive Officer 79,365 $6.25 $496,253.47

Steinberg's average cost works out to $6.41/share. In trading on Wednesday, bargain hunters could buy shares of WisdomTree Investments, Inc. (NASDAQ:WETF) and achieve a cost basis lower than Steinberg, with shares changing hands as low as $5.36 per share. Shares of WisdomTree Investments, Inc. were changing hands at $5.36 at last check, trading off about 4.9% on Wednesday. The chart below shows the one year performance of WETF shares, versus its 200 day moving average:

WisdomTree Investments, Inc. Chart

Looking at the chart above, WETF's low point in its 52 week range is $5.36 per share, with $8.53 as the 52 week high point — that compares with a last trade of $5.36.

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