WM Technology, Inc. (NASDAQ:MAPS) Director Sells $91,299.96 in Stock

WM Technology, Inc. (NASDAQ:MAPS) Director Olga Gonzalez sold 90,396 shares of WM Technology stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $1.01, for a total value of $91,299.96. Following the sale, the director now directly owns 495,191 shares of the company’s stock, valued at approximately $500,142.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Olga Gonzalez also recently made the following trade(s):

• On Tuesday, June 18th, Olga Gonzalez sold 4,038 shares of WM Technology stock. The stock was sold at an average price of $1.11, for a total value of $4,482.18.

WM Technology Trading Up 4.0 %

MAPS opened at $1.04 on Friday. The business’s 50-day moving average price is $1.05 and its 200-day moving average price is $0.99. WM Technology, Inc. has a 12 month low of $0.70 and a 12 month high of $1.88.

WM Technology (NASDAQ:MAPS) last posted its quarterly earnings data on Friday, May 24th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. WM Technology had a negative return on equity of 12.58% and a negative net margin of 3.32%. The business had revenue of $44.39 million for the quarter. On average, equities analysts forecast that WM Technology, Inc. will post -0.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WM Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC purchased a new stake in WM Technology during the 1st quarter valued at $4,685,000. Mirae Asset Global Investments Co. Ltd. increased its stake in WM Technology by 36.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,518,695 shares of the company’s stock worth $3,350,000 after buying an additional 671,253 shares in the last quarter. AXS Investments LLC increased its stake in WM Technology by 31.2% in the 4th quarter. AXS Investments LLC now owns 813,922 shares of the company’s stock worth $586,000 after buying an additional 193,344 shares in the last quarter. Citigroup Inc. bought a new position in shares of WM Technology during the 3rd quarter valued at about $190,000. Finally, Quadrature Capital Ltd bought a new position in shares of WM Technology during the 1st quarter valued at about $53,000. 22.02% of the stock is owned by institutional investors.

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.