WM Technology (NASDAQ:MAPS) Releases Quarterly Earnings Results

WM Technology (NASDAQ:MAPS) released its quarterly earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. WM Technology had a net margin of 4.77% and a return on equity of 7.20%. The company had revenue of $42.18 million for the quarter. WM Technology updated its Q4 2025 guidance to EPS.

WM Technology Stock Performance

MAPS traded down $0.03 on Thursday, reaching $0.99. 911,303 shares of the company’s stock were exchanged, compared to its average volume of 1,036,638. The company’s 50 day moving average is $1.16 and its 200-day moving average is $1.08. The company has a market cap of $155.11 million, a price-to-earnings ratio of 12.39 and a beta of 1.09. WM Technology has a twelve month low of $0.71 and a twelve month high of $1.65.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wall Street Zen cut shares of WM Technology from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WM Technology in a report on Wednesday, October 8th. Finally, Westpark Capital reiterated a “buy” rating and set a $2.61 price objective on shares of WM Technology in a report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, WM Technology currently has a consensus rating of “Hold” and a consensus target price of $2.61.

Insider Buying and Selling

In other WM Technology news, General Counsel Brian Camire sold 90,482 shares of the business’s 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 completion of the sale, the general counsel directly owned 1,933,841 shares in the company, valued at $2,262,593.97. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas Francis sold 156,974 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $1.16, for a total transaction of $182,089.84. Following the completion of the transaction, the chief executive officer directly owned 8,729,539 shares in the company, valued at approximately $10,126,265.24. This represents a 1.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 23.64% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MAPS. NewEdge Advisors LLC acquired a new position in shares of WM Technology during the second quarter worth about $42,000. Shay Capital LLC lifted its stake in shares of WM Technology by 106.0% during the second quarter. Shay Capital LLC now owns 204,788 shares of the company’s stock worth $183,000 after purchasing an additional 105,368 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of WM Technology by 505.5% during the first quarter. AQR Capital Management LLC now owns 199,598 shares of the company’s stock worth $226,000 after purchasing an additional 166,634 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of WM Technology by 18.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 777,102 shares of the company’s stock worth $878,000 after purchasing an additional 121,632 shares in the last quarter. Institutional investors and hedge funds own 22.02% of the company’s stock.

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.