Royal London Asset Management Ltd. bought a new position in Wise Group plc (NASDAQ:WSE – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 211,055 shares of the company’s stock, valued at approximately $2,514,000.
A number of other hedge funds have also added to or reduced their stakes in WSE. Public Employees Retirement System of Ohio bought a new stake in Wise Group during the 2nd quarter worth approximately $1,265,000. Van ECK Associates Corp bought a new position in Wise Group during the 2nd quarter valued at $1,608,000. Finally, Madison Asset Management LLC bought a new position in Wise Group during the 2nd quarter valued at $1,725,000.
Trending Headlines about Wise Group
Here are the key news stories impacting Wise Group this week:
- Neutral Sentiment: Multiple firms, including Rosen, Pomerantz, Glancy Prongay Wolke & Rotter, Faruqi & Faruqi, and Kaplan Fox, reminded investors that September 29, 2026 is the deadline to seek appointment as lead plaintiff. The notices generally cover investors who purchased WSE securities from May 11 through July 23, 2026. Rosen deadline alert
- Negative Sentiment: The litigation alleges that Wise understated or failed to disclose longstanding AML and CTF deficiencies before and after its Nasdaq debut. The claims have not been proven, but the lawsuit creates potential financial, regulatory, and reputational risks for the company. Levi and Korsinsky alert
- Negative Sentiment: One investor notice links the allegations to reports of a Belgian criminal probe and says WSE shares declined 16.05% over three trading sessions after the reports became public. The cluster of legal-firm announcements keeps attention focused on compliance controls rather than Wise’s operating performance. SueWallSt deadline alert
Analysts Set New Price Targets
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Wise Group Stock Performance
WSE opened at $12.94 on Wednesday. The firm’s fifty day moving average price is $12.52. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Wise Group plc has a one year low of $10.36 and a one year high of $17.47.
Wise Group (NASDAQ:WSE – Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $576.48 million during the quarter. On average, equities research analysts anticipate that Wise Group plc will post 0.57 EPS for the current fiscal year.
About Wise Group
Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom.
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