WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire Sells 28,716 Shares of Stock

WM Technology, Inc. (NASDAQ:MAPSGet Rating) General Counsel Brian Camire sold 28,716 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $1.21, for a total value of $34,746.36. Following the sale, the general counsel now owns 171,965 shares of the company’s stock, valued at approximately $208,077.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Brian Camire also recently made the following trade(s):

  • On Tuesday, August 23rd, Brian Camire sold 12,250 shares of WM Technology stock. The stock was sold at an average price of $2.65, for a total value of $32,462.50.

WM Technology Trading Down 11.2 %

MAPS stock opened at $1.11 on Tuesday. The stock’s fifty day simple moving average is $1.81 and its two-hundred day simple moving average is $3.22. WM Technology, Inc. has a 1-year low of $1.10 and a 1-year high of $8.35. The stock has a market cap of $162.55 million, a P/E ratio of 2.71 and a beta of 1.08.

WM Technology (NASDAQ:MAPSGet Rating) last posted its quarterly earnings data on Monday, November 7th. The company reported ($0.06) earnings per share for the quarter, hitting the consensus estimate of ($0.06). WM Technology had a negative return on equity of 40.79% and a net margin of 12.67%. The business had revenue of $50.50 million for the quarter, compared to analysts’ expectations of $50.17 million. As a group, analysts forecast that WM Technology, Inc. will post -0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC purchased a new position in shares of WM Technology during the 2nd quarter valued at $25,000. Level Four Advisory Services LLC purchased a new position in shares of WM Technology during the 3rd quarter valued at $26,000. Alliancebernstein L.P. purchased a new position in shares of WM Technology during the 3rd quarter valued at $30,000. Quantbot Technologies LP purchased a new position in shares of WM Technology during the 3rd quarter valued at $31,000. Finally, Principal Financial Group Inc. purchased a new position in shares of WM Technology during the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 34.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MAPS. Truist Financial downgraded WM Technology from a “buy” rating to a “hold” rating and decreased their price target for the stock from $5.00 to $2.00 in a report on Tuesday, November 8th. Canaccord Genuity Group decreased their price target on WM Technology from $6.00 to $4.75 in a report on Tuesday, November 8th. Piper Sandler decreased their price target on WM Technology from $4.00 to $3.00 and set a “neutral” rating for the company in a report on Tuesday, November 8th. BTIG Research downgraded WM Technology from a “buy” rating to a “neutral” rating in a report on Wednesday, August 10th. Finally, Cantor Fitzgerald decreased their price target on WM Technology from $7.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday, November 8th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $3.59.

About WM Technology

(Get Rating)

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, 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 information on the cannabis plant, and the industry and advocate related services for legalization.

Featured Articles

Insider Buying and Selling by Quarter for WM Technology (NASDAQ:MAPS)

Receive News & Ratings for WM Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WM Technology and related companies with MarketBeat.com's FREE daily email newsletter.