Wealthfront (NASDAQ:WLTH) Insider Lauren Lin Sells 4,574 Shares

Wealthfront (NASDAQ:WLTH) insider Lauren Lin sold 4,574 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $10.10, for a total value of $46,197.40. Following the completion of the sale, the insider owned 171,816 shares in the company, valued at approximately $1,735,341.60. This trade represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lauren Lin also recently made the following trade(s):

• On Wednesday, September 16th, Lauren Lin sold 4,995 shares of Wealthfront stock. The stock was sold at an average price of $10.19, for a total value of $50,899.05.
• On Tuesday, September 15th, Lauren Lin sold 16,117 shares of Wealthfront stock. The shares were sold at an average price of $10.73, for a total value of $172,935.41.

Wealthfront Price Performance

NASDAQ:WLTH opened at $10.10 on Friday. The company has a market cap of $1.58 billion and a P/E ratio of -10.86. Wealthfront has a twelve month low of $7.20 and a twelve month high of $14.88. The business has a 50 day moving average price of $9.49 and a two-hundred day moving average price of $9.71.

Wealthfront (NASDAQ:WLTH) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. Wealthfront had a negative net margin of 19.42% and a negative return on equity of 14.62%. The company had revenue of $91.87 million for the quarter. The company’s revenue was up .9% compared to the same quarter last year. As a group, analysts anticipate that Wealthfront will post 0.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WLTH has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Wealthfront in a research note on Monday, July 6th. The Goldman Sachs Group reiterated a “neutral” rating and set a $10.00 target price on shares of Wealthfront in a report on Thursday, September 10th. Wall Street Zen raised Wealthfront from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Keefe, Bruyette & Woods decreased their price target on Wealthfront from $11.00 to $10.50 and set a “market perform” rating for the company in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. lowered their price target on Wealthfront from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Friday, June 5th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Wealthfront currently has a consensus rating of “Hold” and an average price target of $12.00.

Institutional Trading of Wealthfront

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Wealthfront in the 2nd quarter valued at $74,766,000. Renaissance Technologies LLC acquired a new stake in Wealthfront during the 1st quarter valued at $1,622,000. Bank of America Corp DE boosted its position in Wealthfront by 1,461.0% during the first quarter. Bank of America Corp DE now owns 743,163 shares of the company’s stock worth $6,874,000 after purchasing an additional 695,555 shares during the period. Southpoint Capital Advisors LP acquired a new position in shares of Wealthfront in the first quarter valued at $12,950,000. Finally, PEAK6 LLC acquired a new position in shares of Wealthfront in the second quarter valued at $2,012,000.

More Wealthfront News

Here are the key news stories impacting Wealthfront this week:

• Positive Sentiment: Wealthfront’s platform assets increased 12% year over year to $99 billion in the second quarter and exceeded $100 billion by the end of August. Funded clients rose 14% to 1.51 million, supporting the company’s long-term growth story. Wealthfront Tops $100 Billion in Platform Assets
• Positive Sentiment: Recent quarterly earnings modestly exceeded expectations, with adjusted earnings of $0.10 per share versus the $0.09 consensus and revenue of $91.87 million. Institutional interest also remains notable, with new or increased positions reported by firms including Index Ventures, BlackRock and North Reef Capital.
• Neutral Sentiment: Growth in assets and clients has not yet translated into strong financial expansion: revenue rose only about 1% year over year, while Wealthfront continues to report a negative net margin of 19.42% and negative return on equity of 14.62%. Investors are likely focused on whether scale can improve profitability.
• Neutral Sentiment: Analyst views remain cautious. Goldman Sachs maintained a neutral rating with a $10 target, while RBC lowered its target to $11 but retained an outperform rating. The broader consensus is “Hold,” with an average target near $12, suggesting limited near-term conviction.
• Negative Sentiment: Multiple insiders sold shares, including CFO Alan Imberman, CTO Julien Wetterwald, VP Kal Iyer and insider Lauren Lin. The latest reported transactions totaled roughly $1.35 million, including the CFO’s sale of 76,540 shares and the VP’s sale of 26,738 shares. These sales may pressure sentiment, although the transactions were conducted under pre-arranged Rule 10b5-1 plans. Wealthfront Insider Sales
• Negative Sentiment: Additional insider sales over the preceding days were primarily disclosed as transactions to cover tax withholding obligations tied to vested equity awards. While less bearish than discretionary selling, the repeated selling pattern remains a potential overhang for WLTH.

About Wealthfront

Wealthfront, Inc is a U.S.-based digital wealth management company that provides automated investing, financial planning and cash management services through an online platform and mobile applications. The company is designed to help individuals manage their finances with technology-driven tools and diversified investment portfolios.

Its offerings have included automated investment accounts, tax-efficient portfolio management, financial planning tools, high-yield cash management products and lending services.