WM Technology (NASDAQ:MAPS) Issues Quarterly Earnings Results

WM Technology (NASDAQ:MAPS) issued its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, Zacks reports. WM Technology had a net margin of 4.77% and a return on equity of 7.20%. The business had revenue of $42.18 million during the quarter. WM Technology updated its Q4 2025 guidance to EPS.

WM Technology Stock Down 2.9%

NASDAQ:MAPS traded down $0.03 during trading hours on Thursday, reaching $0.99. The company had a trading volume of 911,303 shares, compared to its average volume of 1,087,766. The firm has a market cap of $155.11 million, a price-to-earnings ratio of 12.75 and a beta of 1.09. The business’s 50-day simple moving average is $1.16 and its two-hundred day simple moving average is $1.08. WM Technology has a twelve month low of $0.71 and a twelve month high of $1.65.

Insiders Place Their Bets

In other news, General Counsel Brian Camire sold 90,482 shares of WM Technology stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $1.17, for a total transaction of $105,863.94. Following the completion of the transaction, the general counsel directly owned 1,933,841 shares in the company, valued at $2,262,593.97. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas Francis sold 156,974 shares of WM Technology stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $1.16, for a total transaction of $182,089.84. Following the transaction, the chief executive officer owned 8,729,539 shares of the company’s stock, valued at $10,126,265.24. This represents a 1.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 23.64% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in WM Technology by 18.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 777,102 shares of the company’s stock worth $878,000 after acquiring an additional 121,632 shares during the period. Shay Capital LLC raised its position in WM Technology by 106.0% in the second quarter. Shay Capital LLC now owns 204,788 shares of the company’s stock worth $183,000 after acquiring an additional 105,368 shares during the period. AQR Capital Management LLC raised its position in WM Technology by 505.5% in the first quarter. AQR Capital Management LLC now owns 199,598 shares of the company’s stock worth $226,000 after acquiring an additional 166,634 shares during the period. Finally, NewEdge Advisors LLC bought a new stake in WM Technology in the second quarter worth about $42,000. 22.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of WM Technology from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings restated a “sell (d+)” rating on shares of WM Technology in a research report on Wednesday, October 8th. Finally, Westpark Capital restated a “buy” rating and issued a $2.61 price target on shares of WM Technology in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $2.61.

About WM Technology

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.