WM Technology, Inc. (NASDAQ:MAPS – Get Free Report) General Counsel Brian Camire sold 46,261 shares of WM Technology stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $0.88, for a total transaction of $40,709.68. Following the sale, the general counsel now owns 753,164 shares in the company, valued at $662,784.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
WM Technology Stock Up 7.9 %
NASDAQ:MAPS opened at $0.85 on Tuesday. The business’s 50-day moving average price is $1.21 and its 200 day moving average price is $1.09. The firm has a market cap of $127.28 million, a P/E ratio of -0.69 and a beta of 0.92. WM Technology, Inc. has a 52-week low of $0.60 and a 52-week high of $1.88.
Analyst Upgrades and Downgrades
Separately, Westpark Capital upgraded shares of WM Technology from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of MAPS. XTX Topco Ltd acquired a new position in WM Technology during the second quarter worth about $25,000. SG Americas Securities LLC acquired a new position in WM Technology during the first quarter worth about $26,000. Schonfeld Strategic Advisors LLC acquired a new position in WM Technology during the second quarter worth about $27,000. Flow Traders U.S. LLC acquired a new position in WM Technology during the second quarter worth about $28,000. Finally, Stifel Financial Corp acquired a new position in WM Technology during the third quarter worth about $29,000. 27.46% of the stock is owned by institutional investors and hedge funds.
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.
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