Two Sigma Investments LP Sells 10,011 Shares of BM Technologies, Inc. (NYSE:BMTX)

Two Sigma Investments LP lessened its position in shares of BM Technologies, Inc. (NYSE:BMTXFree Report) by 20.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 38,914 shares of the company’s stock after selling 10,011 shares during the quarter. Two Sigma Investments LP’s holdings in BM Technologies were worth $190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in BMTX. Cubist Systematic Strategies LLC bought a new stake in BM Technologies during the 4th quarter valued at $55,000. XTX Topco Ltd bought a new position in shares of BM Technologies in the fourth quarter worth $106,000. Dimensional Fund Advisors LP grew its position in shares of BM Technologies by 27.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 38,475 shares of the company’s stock valued at $188,000 after purchasing an additional 8,175 shares in the last quarter. JBF Capital Inc. bought a new stake in shares of BM Technologies during the 4th quarter valued at $295,000. Finally, Renaissance Technologies LLC raised its stake in shares of BM Technologies by 72.3% during the 4th quarter. Renaissance Technologies LLC now owns 127,000 shares of the company’s stock valued at $621,000 after purchasing an additional 53,297 shares during the period. Institutional investors own 20.15% of the company’s stock.

BM Technologies Price Performance

Shares of NYSE BMTX opened at $5.00 on Friday. BM Technologies, Inc. has a 52 week low of $2.00 and a 52 week high of $5.16. The business has a 50-day simple moving average of $5.00 and a two-hundred day simple moving average of $4.95. The company has a market cap of $60.50 million, a P/E ratio of -4.50 and a beta of 0.17.

BM Technologies Profile

(Free Report)

BM Technologies, Inc, a financial technology company, facilitates deposits and banking services between a customer and its partner banks in the United States. It offers digital banking and disbursement services to consumers and students through a full service fintech banking platform. The company was formerly known as BankMobile Technologies, Inc and changed its name to BM Technologies, Inc in January 2021.

See Also

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Institutional Ownership by Quarter for BM Technologies (NYSE:BMTX)

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