Key highlights

  • WiseTech Global Ltd (ASX:WTC) closed at $38.64 on 20 October 2026, up 1.36%.
  • The shares are down approximately 53.44% over the past year.
  • On 15 October 2026 WiseTech said ASIC had concluded two investigations and issued no-action letters, with one investigation of another individual continuing.

Shares in WiseTech Global Ltd (ASX:WTC) closed at $38.64 on 20 October 2026, rose 1.36% on the day from a previous close of about $38.1215.

Over the past 12 months the stock lost approximately 53.44%. Working back from the closing price, a 12-month change of approximately -53.44% implies a share price of about $82.99 a year earlier. The annual decline is much larger than the move in a single session, which is a reminder of how far a stock can travel over a year.

In dollar terms, the 12-month move amounts to about $44.35 per share, from roughly $82.99 to $38.64, while the move during the 20 October session was about 51.8 cents per share. The two figures measure different time frames and are reported here on their own terms.

About WiseTech Global

WiseTech Global Limited is an Australian software company serving the global logistics industry, best known for its CargoWise platform, which freight forwarders and other logistics providers use to manage international shipments. It is listed on the ASX under the code WTC.

Like other ASX-listed companies, WiseTech releases material information through numbered ASX announcements. The announcement discussed below is numbered 2026/67.

Latest development

The share price information above is reported separately from the company’s announcement. On 15 October 2026 WiseTech gave an update on the Australian Securities and Investments Commission (ASIC) investigation into alleged trading in WiseTech shares, which was the subject of an earlier announcement on 28 October 2025.

ASIC informed the company that it has concluded its investigation in relation to WiseTech’s founder and two other current employees, and it issued no-action letters to them. The letters confirm that ASIC will not take enforcement action against those three people. ASIC indicated that its investigation continues in respect of another individual who is not an employee of WiseTech.

ASIC also told the company that it has concluded a governance investigation that began in late 2024, and it issued a no-action letter to the company confirming that it does not intend to take enforcement action in relation to that investigation. The announcement was authorised for release by the board and did not include financial results or guidance.

Sector context

Listed technology companies operate under continuous disclosure and market integrity rules, and regulatory investigations can run for extended periods and be resolved in stages, as this update shows. Software businesses that serve global trade are also exposed to freight volumes, customer spending and currency movements.

The logistics software segment has also been part of the broader debate about how artificial intelligence changes software products, which companies in the technology sector now address routinely in their disclosures.

Risks

ASIC’s investigation into another individual is still open, and the no-action letters apply only to the people and matters named. The announcement did not say when the remaining investigation would conclude or what its outcome would be.

The announcement contained no operating or financial information, so it does not alter the company’s Earnings outlook either way. WiseTech’s share price has fallen approximately 53.44% over the year.

Share price movements add a separate layer of uncertainty. The stock’s one-day move of +1.36% on 20 October 2026 and its 12-month change of approximately -53.44% show how far the share price can move, and past movements do not indicate future direction.

Catalysts to watch

Items to watch include any further update from ASIC on the remaining investigation, WiseTech’s next financial results and any changes to governance arrangements that the company chooses to disclose.