MarketWise, Inc. (NASDAQ:MKTW – Get Free Report) Director Frank Porter Stansberry acquired 17,270 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of $15.19 per share, for a total transaction of $262,331.30. Following the purchase, the director owned 250,381 shares of the company’s stock, valued at $3,803,287.39. This trade represents a 7.41% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Frank Porter Stansberry also recently made the following trade(s):
- On Thursday, March 19th, Frank Porter Stansberry bought 23,103 shares of MarketWise stock. The stock was bought at an average price of $14.28 per share, with a total value of $329,910.84.
MarketWise Trading Up 11.6%
NASDAQ:MKTW opened at $16.22 on Wednesday. The firm has a market capitalization of $260.49 million, a PE ratio of 7.08 and a beta of 0.55. The stock has a 50 day moving average of $15.19 and a 200-day moving average of $15.62. MarketWise, Inc. has a 52 week low of $9.07 and a 52 week high of $21.74.
MarketWise Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, March 18th. This represents a $0.80 annualized dividend and a dividend yield of 4.9%. MarketWise’s dividend payout ratio is currently 43.67%.
Hedge Funds Weigh In On MarketWise
A number of institutional investors and hedge funds have recently bought and sold shares of MKTW. Barclays PLC increased its stake in MarketWise by 7.0% during the 4th quarter. Barclays PLC now owns 152,631 shares of the newsletter publisher’s stock valued at $2,293,000 after buying an additional 9,961 shares during the period. Vanguard Group Inc. lifted its stake in shares of MarketWise by 13.8% in the 3rd quarter. Vanguard Group Inc. now owns 83,627 shares of the newsletter publisher’s stock worth $1,382,000 after acquiring an additional 10,113 shares during the period. State Street Corp lifted its stake in shares of MarketWise by 5.2% in the 4th quarter. State Street Corp now owns 28,737 shares of the newsletter publisher’s stock worth $432,000 after acquiring an additional 1,414 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of MarketWise by 4.7% in the fourth quarter. Renaissance Technologies LLC now owns 19,899 shares of the newsletter publisher’s stock valued at $299,000 after acquiring an additional 900 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of MarketWise during the second quarter valued at approximately $226,000. Institutional investors own 23.04% of the company’s stock.
Key Stories Impacting MarketWise
Here are the key news stories impacting MarketWise this week:
- Positive Sentiment: Large insider purchases by director Frank Porter Stansberry (23,103 shares on March 19 and 17,270 shares on March 20), signaling management confidence and increasing insider ownership by double-digit percentages; filings disclosed the trades. Insider Buys
- Positive Sentiment: Stonegate Capital Partners initiated coverage on MKTW, noting MarketWise exited FY25 with a stronger operating profile and improving demand/execution—fresh analyst attention can lift investor interest and flows. Analyst Initiation
- Positive Sentiment: Recent Q4 results (reported March 6) showed a meaningful beat: $0.77 EPS vs. consensus negative estimate and revenue above expectations—this fundamental beat supports the rally and helps justify higher near-term valuations. Earnings/Company Data
- Positive Sentiment: Company declared a quarterly dividend ($0.20; $0.80 annualized, ~5.5% yield) with a March 31 payment date—the yield and payout ratio make MKTW more attractive to income-focused investors. Dividend Notice
- Neutral Sentiment: Short-interest data in the March filings are inconsistent across feeds: one report shows short interest rose to ~33,872 shares (~0.3% of shares) as of March 13 (days-to-cover ~2), while other automated entries show zero shares (likely a data glitch). The absolute short position remains small and unlikely to drive a large move by itself.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of MarketWise in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $20.00.
View Our Latest Stock Report on MarketWise
MarketWise Company Profile
MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.
Further Reading
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