Brian Camire Sells 101,209 Shares of WM Technology (NASDAQ:MAPS) Stock

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 101,209 shares of the 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 completion of the transaction, the general counsel owned 1,741,653 shares in the company, valued at $1,184,324.04. This represents a 5.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

WM Technology Stock Down 2.4%

NASDAQ MAPS opened at $0.67 on Friday. The stock has a market capitalization of $105.48 million, a PE ratio of 9.59 and a beta of 1.23. WM Technology, Inc. has a 12-month low of $0.66 and a 12-month high of $1.48. The company has a 50 day moving average price of $0.82 and a two-hundred day moving average price of $0.98.

Analyst Ratings Changes

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

Institutional Trading of WM Technology

A number of institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of WM Technology by 43.8% during the 4th quarter. Invesco Ltd. now owns 57,105 shares of the company’s stock worth $47,000 after buying an additional 17,386 shares during the period. Corient Private Wealth LLC lifted its position in WM Technology by 65.5% during the 4th quarter. Corient Private Wealth LLC now owns 151,593 shares of the company’s stock worth $125,000 after acquiring an additional 60,013 shares during the last quarter. Beartown Capital Management LLC bought a new stake in WM Technology during the fourth quarter valued at about $469,000. Verdad Advisers LP bought a new stake in WM Technology during the fourth quarter valued at about $338,000. Finally, OLD Mission Capital LLC acquired a new stake in shares of WM Technology in the fourth quarter valued at about $27,000. 22.02% of the stock is currently owned by institutional investors and hedge funds.

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.