Wise (LON:WISE) Insider Sells £991,000 in Stock

Key Points

• Wise plc insider David Wells sold 100,000 shares at an average price of GBX 991, totaling £991,000 in the transaction on October 6th.
• Shares of Wise traded up to GBX 1,010.66, with analysts maintaining a consensus rating of "Hold" and an average price target of GBX 1,325.
• Wise plc operates in cross-border and domestic financial services, catering to personal and business customers globally.

Wise plc (LON:WISE - Get Free Report) insider David Wells sold 100,000 shares of the firm's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of GBX 991, for a total value of £991,000.

Wise Price Performance

Shares of WISE stock traded up GBX 6.66 during trading hours on Thursday, hitting GBX 1,010.66. The stock had a trading volume of 2,706,764 shares, compared to its average volume of 5,451,083. Wise plc has a one year low of GBX 647 and a one year high of GBX 1,225. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06. The stock's 50-day moving average price is GBX 1,066.99 and its two-hundred day moving average price is GBX 1,041.53. The stock has a market capitalization of £10.21 billion, a price-to-earnings ratio of 2,543.82, a PEG ratio of 1.28 and a beta of 0.75.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,270 price target on shares of Wise in a research report on Friday, August 29th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 1,380 price target on shares of Wise in a research report on Tuesday, August 19th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of GBX 1,325.

Wise Company Profile

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.

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