Brian Camire Sells 70,851 Shares of WM Technology, Inc. (NASDAQ:MAPS) Stock

WM Technology, Inc. (NASDAQ:MAPSGet Free Report) General Counsel Brian Camire sold 70,851 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $0.98, for a total value of $69,433.98. Following the completion of the transaction, the general counsel now owns 696,718 shares of the company’s stock, valued at approximately $682,783.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

WM Technology Stock Down 1.7 %

NASDAQ:MAPS opened at $0.99 on Friday. The firm’s 50-day moving average price is $1.09 and its 200-day moving average price is $0.97. WM Technology, Inc. has a 1-year low of $0.68 and a 1-year high of $1.88.

WM Technology (NASDAQ:MAPSGet Free Report) last announced its quarterly earnings data on Friday, May 24th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. WM Technology had a negative net margin of 3.32% and a negative return on equity of 12.58%. The business had revenue of $44.39 million for the quarter. As a group, sell-side analysts predict that WM Technology, Inc. will post -0.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tidal Investments LLC purchased a new stake in shares of WM Technology in the first quarter worth $4,685,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in WM Technology by 36.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,518,695 shares of the company’s stock worth $3,350,000 after purchasing an additional 671,253 shares in the last quarter. AXS Investments LLC grew its position in WM Technology by 31.2% during the 4th quarter. AXS Investments LLC now owns 813,922 shares of the company’s stock valued at $586,000 after purchasing an additional 193,344 shares during the last quarter. Citigroup Inc. bought a new stake in WM Technology during the 3rd quarter valued at about $190,000. Finally, Quadrature Capital Ltd purchased a new position in WM Technology in the first quarter worth about $53,000. Institutional investors own 22.02% of the company’s stock.

WM Technology Company Profile

(Get Free Report)

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.

Further Reading

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