Bracebridge Young, Jr. Acquires 20,000 Shares of Fold (NASDAQ:FLD) Stock

Fold Holdings, Inc. (NASDAQ:FLD) Director Bracebridge Young, Jr. acquired 20,000 shares of Fold stock in a transaction on Friday, September 11th. The stock was purchased at an average price of $0.55 per share, with a total value of $11,000.00. Following the transaction, the director directly owned 70,100 shares in the company, valued at approximately $38,555. This trade represents a 39.92% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fold Trading Up 3.7%

Shares of NASDAQ:FLD opened at $0.54 on Friday. Fold Holdings, Inc. has a 1-year low of $0.36 and a 1-year high of $4.70. The firm has a market capitalization of $29.86 million, a PE ratio of -0.35 and a beta of 0.38. The business’s 50 day moving average is $0.48 and its 200-day moving average is $0.90.

Fold (NASDAQ:FLD) last issued its earnings results on Tuesday, August 11th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.04). The firm had revenue of $6.09 million during the quarter, compared to analyst estimates of $7.67 million. Fold had a negative net margin of 258.60% and a negative return on equity of 116.17%. On average, sell-side analysts predict that Fold Holdings, Inc. will post -0.57 EPS for the current year.

More Fold News

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Reported short interest was listed at zero shares as of September 10, with a short-interest ratio of 0.0 days. This indicates no measurable short-position pressure in the data provided, although the report itself does not explain the stock’s movement.
• Neutral Sentiment: News about Apple’s first foldable iPhone and comparisons with Samsung’s Galaxy Z Fold 8 generated substantial attention for the broader “fold” theme, but Fold Holdings is a financial technology company—not a smartphone manufacturer. Apple unveils its first folding iPhone
• Neutral Sentiment: The company has not been reported as announcing new contracts, financing, product developments, or other operating updates in the submitted articles. Trading may therefore reflect low liquidity or technical activity rather than a fundamental revaluation.
• Negative Sentiment: Fold Holdings’ latest reported quarter remains a fundamental concern: revenue of $6.09 million missed the $7.67 million consensus estimate, while its loss of $0.19 per share was wider than the expected $0.15 loss. The company also reported a deeply negative net margin, and analysts expect another full-year loss.
• Negative Sentiment: Apple’s entry into foldable devices could attract investor attention away from smaller companies using the “Fold” name, increasing the risk of ticker or theme confusion without providing any direct benefit to Fold Holdings. Apple was 7 years late to the folding phone game

Hedge Funds Weigh In On Fold

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC bought a new stake in Fold in the fourth quarter valued at $26,000. Goldman Sachs Group Inc. bought a new position in shares of Fold during the fourth quarter valued at $28,000. Abel Hall LLC acquired a new stake in shares of Fold in the 1st quarter valued at $31,000. Aptus Capital Advisors LLC acquired a new stake in shares of Fold in the 3rd quarter valued at $39,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Fold in the 4th quarter worth about $41,000. Institutional investors own 56.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FLD. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fold in a report on Monday, June 15th. Cantor Fitzgerald reissued an “overweight” rating on shares of Fold in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $2.40.

Fold Company Profile

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.