WM Technology, Inc. (NASDAQ:MAPS) CTO Sells $34,566.56 in Stock

WM Technology, Inc. (NASDAQ:MAPSGet Free Report) CTO Duncan Grazier sold 35,272 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $0.98, for a total value of $34,566.56. Following the transaction, the chief technology officer now owns 694,654 shares of the company’s stock, valued at approximately $680,760.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

WM Technology Trading Down 1.7 %

MAPS stock opened at $0.99 on Friday. WM Technology, Inc. has a twelve month low of $0.68 and a twelve month high of $1.88. The business’s fifty day simple moving average is $1.09 and its two-hundred day simple moving average is $0.97.

WM Technology (NASDAQ:MAPSGet Free Report) last posted its quarterly earnings results on Friday, May 24th. The company reported $0.01 EPS for the quarter, topping the consensus estimate 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 company had revenue of $44.39 million for the quarter. Analysts forecast that WM Technology, Inc. will post -0.03 EPS for the current year.

Institutional Trading of WM Technology

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in WM Technology by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 4,452,355 shares of the company’s stock worth $5,922,000 after purchasing an additional 24,588 shares during the period. Tidal Investments LLC purchased a new position in shares of WM Technology during the first quarter valued at $4,685,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of WM Technology by 36.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,518,695 shares of the company’s stock valued at $3,350,000 after buying an additional 671,253 shares during the period. AXS Investments LLC raised its holdings in shares of WM Technology by 31.2% in the fourth quarter. AXS Investments LLC now owns 813,922 shares of the company’s stock valued at $586,000 after acquiring an additional 193,344 shares in the last quarter. Finally, Citigroup Inc. purchased a new stake in WM Technology in the third quarter worth about $190,000. 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.

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