Brian Camire Sells 27,848 Shares of WM Technology, Inc. (NASDAQ:MAPS) Stock

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 27,848 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $1.02, for a total transaction of $28,404.96. Following the transaction, the general counsel now owns 629,158 shares of the company’s stock, valued at $641,741.16. This trade represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

WM Technology Trading Down 1.7 %

NASDAQ MAPS traded down $0.02 during trading on Wednesday, hitting $1.18. The company had a trading volume of 807,924 shares, compared to its average volume of 625,237. The company’s fifty day moving average is $0.88 and its 200-day moving average is $0.97. WM Technology, Inc. has a one year low of $0.70 and a one year high of $1.47. The company has a market cap of $179.87 million, a price-to-earnings ratio of -40.00 and a beta of 0.77.

WM Technology (NASDAQ:MAPS) last released its earnings results on Tuesday, November 12th. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. The company had revenue of $46.55 million during the quarter. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%.

Analyst Ratings Changes

Separately, Westpark Capital reissued a “buy” rating and issued a $2.61 price target on shares of WM Technology in a research note on Wednesday, November 13th.

Institutional Trading of WM Technology

Several institutional investors have recently bought and sold shares of MAPS. SG Americas Securities LLC purchased a new stake in WM Technology during the 3rd quarter valued at $25,000. Virtu Financial LLC bought a new stake in WM Technology during the 1st quarter worth approximately $28,000. Quadrature Capital Ltd purchased a new position in shares of WM Technology during the 1st quarter valued at $53,000. Jacobs Levy Equity Management Inc. purchased a new stake in WM Technology during the 3rd quarter valued at approximately $75,000. Finally, Clear Harbor Asset Management LLC purchased a new stake in WM Technology in the 2nd quarter worth $79,000. 22.02% of the stock is owned by hedge funds and other institutional investors.

WM Technology Company Profile

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.