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WisdomTree Investments Inc (WETF) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

WisdomTree Investments Inc (WETF) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. WisdomTree Investments Inc is an exchange traded fund (ETF) and exchange traded product (ETP) sponsor and asset manager. It offers Equity ETFs, International Hedged Equity ETFs, Currency ETFs, and Fixed Income ETFs. WisdomTree Investments Inc has a market cap of $1.22 billion; its shares were traded at around $7.99 with a P/E ratio of 36.31 and P/S ratio of 4.49. The dividend yield of WisdomTree Investments Inc stocks is 1.50%.


For the last quarter WisdomTree Investments Inc reported a revenue of $67.9 million, compared with the revenue of $61.39 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $274.1 million, an increase of 15.5% from last year. For the last five years WisdomTree Investments Inc had an average revenue growth rate of 10.5% a year.

The reported diluted earnings per share was 23 cents for the year, an increase of 15% from previous year. Over the last five years WisdomTree Investments Inc had an average EPS decline of 15.4% a year. The WisdomTree Investments Inc had a decent operating margin of 26.53%, compared with the operating margin of 28.92% a year before. The 10-year historical median operating margin of WisdomTree Investments Inc is 28.92%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, WisdomTree Investments Inc has the cash and cash equivalents of $77.8 million, compared with $54.2 million in the previous year. The long term debt was $194.6 million. The interest coverage to the debt is 9.1. WisdomTree Investments Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $7.99, WisdomTree Investments Inc is traded at 60.6% discount to its historical median P/S valuation band of $20.29. The P/S ratio of the stock is 4.49, while the historical median P/S ratio is 11.40. The stock lost 17.79% during the past 12 months.

CEO Recent Trades:

  • CEO Jonathan L Steinberg bought 85,000 shares of WETF stock on 02/04/2019 at the average price of $5.98. The price of the stock has increased by 33.61% since.

CFO Recent Trades:

  • CFO Amit Muni bought 13,500 shares of WETF stock on 02/04/2019 at the average price of $5.99. The price of the stock has increased by 33.39% since.

Directors and Officers Recent Trades:

  • Chief Administrative Officer Peter M Ziemba bought 16,000 shares of WETF stock on 02/04/2019 at the average price of $6.07. The price of the stock has increased by 31.63% since.
  • Director Anthony Bossone bought 50,000 shares of WETF stock on 02/04/2019 at the average price of $5.92. The price of the stock has increased by 34.97% since.

For the complete 20-year historical financial data of WETF, click here.

This article first appeared on GuruFocus.