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WisdomTree Investments Inc. (WETF) CEO Jonathan L Steinberg sells 3,604,292 Shares

February 06, 2012 | About:
insider

insider

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CEO of WisdomTree Investments Inc. (WETF) Jonathan L Steinberg sells 3,604,292 shares of WETF on 02/03/2012 at an average price of $5.33 a share.

Wisdomtree Investments Inc. has a market cap of $705.05 million; its shares were traded at around $6.08 with a P/E ratio of 202.67 and P/S ratio of 10.82.


This is the insider trade history vs. stock price of WETF. For the complete insider trading history of WETF, click here.




Directors and Officers Recent Trades:


  • Director, 10% Owner James D Iv Robinson sold 2,000,000 shares of WETF stock on 02/03/2012 at the average price of 5.33. James D Iv Robinson owns at least 18,212,823 shares after this. The price of the stock has increased by 14.07% since.
  • 10% Owner Ventures Iii-a, Lp Rre sold 1,770,560 shares of WETF stock on 02/03/2012 at the average price of 5.33. Ventures Iii-a, Lp Rre owns at least 16,123,447 shares after this. The price of the stock has increased by 14.07% since.
  • 10% Owner Ventures Gp Iii, Llc Rre sold 2,000,000 shares of WETF stock on 02/03/2012 at the average price of 5.33. Ventures Gp Iii, Llc Rre owns at least 18,212,823 shares after this. The price of the stock has increased by 14.07% since.


For the complete insider trading history of WETF, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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