Thornburg Investment Management Inc. Purchases New Holdings in Wise Group plc $WSE

by · The Markets Daily

Thornburg Investment Management Inc. bought a new stake in shares of Wise Group plc (NASDAQ:WSE – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 168,669 shares of the company’s stock, valued at approximately $2,009,000.

A number of other institutional investors have also recently made changes to their positions in WSE. Public Employees Retirement System of Ohio purchased a new stake in shares of Wise Group during the second quarter worth $1,265,000. Van ECK Associates Corp purchased a new position in shares of Wise Group in the second quarter worth about $1,608,000. Madison Asset Management LLC acquired a new position in Wise Group during the second quarter worth about $1,725,000. Finally, Royal London Asset Management Ltd. acquired a new position in Wise Group during the second quarter worth about $2,514,000.

Wise Group Price Performance

Shares of NASDAQ:WSE opened at $13.04 on Friday. Wise Group plc has a 12-month low of $10.36 and a 12-month high of $17.47. The business’s 50-day simple moving average is $12.44. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 1.07.

Wise Group (NASDAQ:WSE – Get Free Report) last posted its earnings results on Thursday, June 25th. The company reported $0.12 EPS for the quarter. The company had revenue of $576.48 million during the quarter. Equities analysts predict that Wise Group plc will post 0.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WSE. UBS Group initiated coverage on Wise Group in a report on Friday, May 29th. They set a “buy” rating and a $16.00 target price on the stock. Morgan Stanley started coverage on Wise Group in a research report on Monday, June 29th. They set an “equal weight” rating and a $16.10 price objective on the stock. Zacks Research raised shares of Wise Group to a “hold” rating in a research report on Thursday, May 21st. William Blair assumed coverage on shares of Wise Group in a report on Monday, May 11th. They issued an “outperform” rating for the company. Finally, The Goldman Sachs Group upgraded shares of Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.52.

Read Our Latest Research Report on WSE

Key Stories Impacting Wise Group

Here are the key news stories impacting Wise Group this week:

  • Negative Sentiment: Several law firms, including SBS, Kaplan Fox, Rosen Law Firm, and others, reminded investors that a securities class action has been filed against Wise Group and certain officers. The case covers investors who purchased Wise securities from May 11 through July 23, 2026, with a September 29 deadline to seek lead-plaintiff status. The repeated notices increase visibility around the litigation and may weigh on investor sentiment. SBS securities lawsuit notice Kaplan Fox securities class action notice
  • Negative Sentiment: The allegations reportedly concern statements that Wise represented compliance with AML and CTF requirements while regulators were documenting “long-standing deficiencies” at Wise’s U.S. operations. If substantiated, the claims could create legal costs, potential damages, regulatory exposure, and reputational risk. The allegations have not been proven in court. Wise shareholder alert
  • Neutral Sentiment: Wise Group announced that its 2026 annual general meeting will take place on September 24, 2026. The announcement provides meeting details but does not identify a new operating, financial, or strategic catalyst. Wise Group 2026 annual general meeting details

Wise Group Company Profile

(Free Report)

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.

See Also

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