MarketWise (NASDAQ:MKTW) General Counsel Scott Daniel Forney Sells 711 Shares

Posted by Brian Himes on Jul 3rd, 2026

MarketWise, Inc. (NASDAQ:MKTW – Get Free Report) General Counsel Scott Daniel Forney sold 711 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $19.14, for a total transaction of $13,608.54. Following the transaction, the general counsel directly owned 21,459 shares of the company’s stock, valued at approximately $410,725.26. This trade represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

MarketWise Trading Down 1.5%

NASDAQ:MKTW opened at $18.86 on Friday. The firm has a market cap of $294.71 million, a price-to-earnings ratio of 11.43 and a beta of 0.26. The company’s 50-day moving average is $17.31 and its two-hundred day moving average is $16.28. MarketWise, Inc. has a 12-month low of $13.49 and a 12-month high of $21.74.

MarketWise (NASDAQ:MKTW – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The newsletter publisher reported ($0.23) EPS for the quarter. The business had revenue of $77.03 million during the quarter, compared to analysts’ expectations of $80.74 million. MarketWise had a net margin of 1.29% and a negative return on equity of 1.86%. On average, equities research analysts forecast that MarketWise, Inc. will post 1.64 earnings per share for the current fiscal year.

MarketWise Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Friday, May 15th were given a dividend of $0.25 per share. This is a positive change from MarketWise’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.00 dividend on an annualized basis and a yield of 5.3%. MarketWise’s dividend payout ratio is currently 60.61%.

Wall Street Analyst Weigh In

Several research firms recently commented on MKTW. Weiss Ratings raised MarketWise from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 16th. Wall Street Zen downgraded shares of MarketWise from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $20.00.

Check Out Our Latest Research Report on MarketWise

Hedge Funds Weigh In On MarketWise

Several institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its position in MarketWise by 7.0% in the 4th quarter. Barclays PLC now owns 152,631 shares of the newsletter publisher’s stock valued at $2,293,000 after purchasing an additional 9,961 shares during the last quarter. AQR Capital Management LLC grew its position in MarketWise by 300.5% in the 1st quarter. AQR Capital Management LLC now owns 121,661 shares of the newsletter publisher’s stock worth $60,000 after purchasing an additional 91,282 shares during the last quarter. Vanguard Group Inc. grew its position in 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 purchasing an additional 10,113 shares during the last quarter. State Street Corp increased its stake in shares of MarketWise by 5.2% in the fourth quarter. State Street Corp now owns 28,737 shares of the newsletter publisher’s stock valued at $432,000 after purchasing an additional 1,414 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of MarketWise by 36.6% in the first quarter. Renaissance Technologies LLC now owns 27,174 shares of the newsletter publisher’s stock valued at $509,000 after purchasing an additional 7,275 shares during the period. 23.04% of the stock is owned by institutional investors.

MarketWise Company Profile

(Get Free Report)

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.