WM Technology (NASDAQ:MAPS) General Counsel Brian Camire Sells 90,482 Shares

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 90,482 shares of WM Technology stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $1.17, for a total transaction of $105,863.94. Following the sale, the general counsel directly owned 1,933,841 shares of the company’s stock, valued at $2,262,593.97. This represents a 4.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

WM Technology Stock Performance

WM Technology stock opened at $1.03 on Friday. The company has a 50 day moving average price of $0.99 and a 200-day moving average price of $1.12. WM Technology, Inc. has a fifty-two week low of $0.70 and a fifty-two week high of $1.65. The company has a market capitalization of $161.25 million, a PE ratio of 12.88 and a beta of 1.02.

WM Technology (NASDAQ:MAPS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). WM Technology had a net margin of 4.77% and a return on equity of 7.20%. The company had revenue of $44.85 million for the quarter, compared to the consensus estimate of $45.00 million. WM Technology has set its Q3 2025 guidance at EPS.

Analyst Ratings Changes

MAPS has been the subject of several research analyst reports. Wall Street Zen downgraded shares of WM Technology from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. Westpark Capital reaffirmed a “buy” rating and set a $2.61 price target on shares of WM Technology in a research note on Monday, August 11th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $2.61.

Hedge Funds Weigh In On WM Technology

Several institutional investors have recently bought and sold shares of MAPS. JPMorgan Chase & Co. increased its holdings in WM Technology by 103.8% during the fourth quarter. JPMorgan Chase & Co. now owns 345,032 shares of the company’s stock valued at $476,000 after buying an additional 175,748 shares during the period. Wells Fargo & Company MN increased its holdings in WM Technology by 52.0% during the fourth quarter. Wells Fargo & Company MN now owns 41,053 shares of the company’s stock valued at $57,000 after buying an additional 14,043 shares during the period. Renaissance Technologies LLC increased its holdings in WM Technology by 101.2% during the fourth quarter. Renaissance Technologies LLC now owns 2,561,700 shares of the company’s stock valued at $3,535,000 after buying an additional 1,288,497 shares during the period. Raymond James Financial Inc. purchased a new position in WM Technology during the fourth quarter valued at approximately $52,000. Finally, Barclays PLC increased its holdings in WM Technology by 12.4% during the fourth quarter. Barclays PLC now owns 136,584 shares of the company’s stock valued at $188,000 after buying an additional 15,074 shares during the period. 22.02% of the stock is owned by hedge funds and other institutional investors.

WM Technology Company Profile

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.