WM Technology (NASDAQ:MAPS) Posts Earnings Results

WM Technology (NASDAQ:MAPS) posted its quarterly earnings data on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. WM Technology had a net margin of 4.77% and a return on equity of 7.20%. The company had revenue of $42.18 million for the quarter. WM Technology updated its Q4 2025 guidance to EPS.

WM Technology Stock Down 2.9%

MAPS stock traded down $0.03 during trading on Thursday, hitting $0.99. 911,303 shares of the company’s stock traded hands, compared to its average volume of 1,036,638. WM Technology has a 52 week low of $0.71 and a 52 week high of $1.65. The stock has a fifty day moving average price of $1.16 and a two-hundred day moving average price of $1.08. The stock has a market capitalization of $155.11 million, a price-to-earnings ratio of 12.39 and a beta of 1.09.

Insider Buying and Selling at WM Technology

In other WM Technology news, General Counsel Brian Camire sold 90,482 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $1.17, for a total transaction of $105,863.94. Following the completion of the sale, the general counsel owned 1,933,841 shares in the company, valued at $2,262,593.97. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas Francis sold 156,974 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $1.16, for a total transaction of $182,089.84. Following the sale, the chief executive officer owned 8,729,539 shares of the company’s stock, valued at approximately $10,126,265.24. The trade was a 1.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 23.64% of the stock is owned by insiders.

Institutional Trading of WM Technology

Several institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new position in shares of WM Technology during the second quarter valued at $42,000. Shay Capital LLC boosted its holdings in shares of WM Technology by 106.0% during the second quarter. Shay Capital LLC now owns 204,788 shares of the company’s stock valued at $183,000 after acquiring an additional 105,368 shares during the period. AQR Capital Management LLC boosted its holdings in shares of WM Technology by 505.5% during the first quarter. AQR Capital Management LLC now owns 199,598 shares of the company’s stock valued at $226,000 after acquiring an additional 166,634 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of WM Technology by 18.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 777,102 shares of the company’s stock valued at $878,000 after acquiring an additional 121,632 shares during the period. Institutional investors own 22.02% of the company’s stock.

Wall Street Analyst Weigh In

MAPS has been the topic of a number of research analyst reports. Westpark Capital reiterated a “buy” rating and set a $2.61 price objective on shares of WM Technology in a research note on Monday, August 11th. Wall Street Zen lowered shares of WM Technology from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of WM Technology in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $2.61.

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.