Jasper Ridge Partners L.P. Makes New Investment in Wise Group plc $WSE

Jasper Ridge Partners L.P. bought a new position in Wise Group plc (NASDAQ:WSE) in the second quarter, Holdings Channel.com reports. The fund bought 59,198 shares of the company’s stock, valued at approximately $705,000.

Other hedge funds also recently modified their holdings of the company. Thornburg Investment Management Inc. acquired a new stake in shares of Wise Group in the second quarter valued at $2,009,000. Royal London Asset Management Ltd. bought a new position in Wise Group during the second quarter valued at about $2,514,000. Van ECK Associates Corp acquired a new position in Wise Group during the second quarter worth about $1,608,000. Public Employees Retirement System of Ohio acquired a new position in Wise Group during the second quarter worth about $1,265,000. Finally, Madison Asset Management LLC bought a new stake in Wise Group in the second quarter worth about $1,725,000.

Wise Group Price Performance

Shares of WSE opened at $13.04 on Friday. The business has a 50-day moving average of $12.44. Wise Group plc has a 1-year low of $10.36 and a 1-year high of $17.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.07 and a current ratio of 1.07.

Wise Group (NASDAQ:WSE) last posted its quarterly earnings data on Thursday, June 25th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $576.48 million for the quarter. On average, equities research analysts anticipate that Wise Group plc will post 0.57 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WSE shares. Morgan Stanley assumed coverage on shares of Wise Group in a report on Monday, June 29th. They issued an “equal weight” rating and a $16.10 price target for the company. Weiss Ratings cut shares of Wise Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 19th. Wall Street Zen upgraded shares of Wise Group from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. The Goldman Sachs Group raised shares of Wise Group to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, UBS Group assumed coverage on shares of Wise Group in a report on Friday, May 29th. They set a “buy” rating and a $16.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $16.52.

Key Headlines 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

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.