Brian Camire Sells 90,979 Shares of WM Technology (NASDAQ:MAPS) Stock

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 90,979 shares of WM Technology stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $0.84, for a total value of $76,422.36. Following the completion of the transaction, the general counsel directly owned 1,842,862 shares in the company, valued at approximately $1,548,004.08. This represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

WM Technology Trading Down 5.0%

NASDAQ:MAPS traded down $0.04 on Thursday, reaching $0.75. 1,135,974 shares of the stock traded hands, compared to its average volume of 862,051. WM Technology, Inc. has a 1-year low of $0.74 and a 1-year high of $1.65. The company’s 50 day moving average is $1.09 and its 200-day moving average is $1.06. The firm has a market capitalization of $117.92 million, a price-to-earnings ratio of 10.72 and a beta of 1.09.

WM Technology (NASDAQ:MAPS) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). WM Technology had a net margin of 4.40% and a return on equity of 6.22%. The firm had revenue of $42.18 million during the quarter, compared to the consensus estimate of $42.00 million. WM Technology has set its Q4 2025 guidance at EPS.

Hedge Funds Weigh In On WM Technology

A number of large investors have recently modified their holdings of MAPS. Vanguard Group Inc. increased its stake in WM Technology by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,348,488 shares of the company’s stock valued at $6,204,000 after purchasing an additional 137,715 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of WM Technology by 1,399.9% during the third quarter. JPMorgan Chase & Co. now owns 1,512,281 shares of the company’s stock valued at $1,754,000 after buying an additional 1,411,456 shares during the last quarter. Los Angeles Capital Management LLC increased its position in shares of WM Technology by 29.5% during the second quarter. Los Angeles Capital Management LLC now owns 1,083,336 shares of the company’s stock worth $971,000 after acquiring an additional 246,580 shares in the last quarter. Scoggin Management LP bought a new stake in shares of WM Technology during the first quarter worth about $1,130,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of WM Technology by 24.1% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 938,598 shares of the company’s stock worth $1,089,000 after acquiring an additional 182,433 shares during the last quarter. 22.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on MAPS shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of WM Technology in a research report on Monday. Westpark Capital restated a “buy” rating and set a $2.61 target price on shares of WM Technology in a research report on Monday, August 11th. Finally, Wall Street Zen cut WM Technology from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $2.61.

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.