WM Technology (NASDAQ:MAPS) General Counsel Brian Camire Sells 101,209 Shares

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 101,209 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $0.68, for a total value of $68,822.12. Following the transaction, the general counsel directly owned 1,741,653 shares in the company, valued at $1,184,324.04. The trade was a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

WM Technology Stock Performance

NASDAQ:MAPS opened at $0.67 on Friday. WM Technology, Inc. has a 52 week low of $0.66 and a 52 week high of $1.48. The firm’s 50-day simple moving average is $0.82 and its 200 day simple moving average is $0.98. The firm has a market cap of $105.48 million, a price-to-earnings ratio of 9.59 and a beta of 1.23.

Institutional Investors Weigh In On WM Technology

Several large investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC increased its position in WM Technology by 29.5% in the second quarter. Los Angeles Capital Management LLC now owns 1,083,336 shares of the company’s stock worth $971,000 after buying an additional 246,580 shares during the last quarter. FNY Investment Advisers LLC increased its holdings in WM Technology by 67.0% during the 2nd quarter. FNY Investment Advisers LLC now owns 75,000 shares of the company’s stock worth $67,000 after acquiring an additional 30,100 shares during the period. Beartown Capital Management LLC purchased a new stake in shares of WM Technology in the fourth quarter worth $469,000. Goldman Sachs Group Inc. boosted its position in shares of WM Technology by 29.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 485,833 shares of the company’s stock valued at $401,000 after acquiring an additional 109,800 shares during the last quarter. Finally, Verdad Advisers LP bought a new stake in WM Technology during the fourth quarter valued at approximately $338,000. 22.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of WM Technology from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $2.61.

About WM Technology

WM Technology, Inc is a software-as-a-service provider that delivers cloud-based solutions to the wealth and asset management industry. The company’s platform is designed to support financial advisors, broker-dealers and registered investment advisors with digital investment advice, portfolio management, performance reporting and compliance monitoring.

WM Technology’s product suite includes tools for streamlined client onboarding, interactive financial planning, automated portfolio rebalancing and tax-aware investment strategies.