Fold (NASDAQ:FLD) CFO Wolfe Repass Sells 12,406 Shares

Fold Holdings, Inc. (NASDAQ:FLD) CFO Wolfe Repass sold 12,406 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $1.55, for a total value of $19,229.30. Following the completion of the transaction, the chief financial officer owned 163,923 shares in the company, valued at $254,080.65. The trade was a 7.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Wolfe Repass also recently made the following trade(s):

• On Monday, February 23rd, Wolfe Repass sold 4,179 shares of Fold stock. The shares were sold at an average price of $1.49, for a total value of $6,226.71.
• On Thursday, February 19th, Wolfe Repass sold 21,857 shares of Fold stock. The shares were sold at an average price of $1.48, for a total value of $32,348.36.

Fold Trading Up 2.1%

NASDAQ FLD opened at $1.47 on Wednesday. The stock has a market capitalization of $71.02 million, a price-to-earnings ratio of -1.96 and a beta of 0.18. The business’s fifty day moving average is $2.15 and its 200-day moving average is $3.03. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.47 and a quick ratio of 1.44. Fold Holdings, Inc. has a one year low of $1.40 and a one year high of $8.53.

Institutional Trading of Fold

A number of hedge funds and other institutional investors have recently made changes to their positions in FLD. Golden State Wealth Management LLC bought a new stake in shares of Fold during the second quarter valued at about $25,000. North Capital Inc. purchased a new position in Fold during the second quarter valued at approximately $30,000. SevenBridge Financial Group LLC purchased a new position in Fold during the third quarter valued at approximately $39,000. Aptus Capital Advisors LLC bought a new stake in Fold during the 3rd quarter worth approximately $39,000. Finally, Harvest Portfolios Group Inc. purchased a new stake in Fold in the 2nd quarter worth approximately $43,000. 56.89% of the stock is currently owned by institutional investors.

Key Stories Impacting Fold

Here are the key news stories impacting Fold this week:

• Neutral Sentiment: Human-interest/brand confusion risk — an unrelated lifestyle piece about Scottish Fold cats circulated, which may briefly attract attention because of the company name but has no business impact on Fold Holdings. Scottish Fold Cats Have a Personal Paparazzi
• Neutral Sentiment: Industry/branding noise — several articles on foldable smartphones (Samsung Galaxy Z Fold/Flip coverage and iPhone Fold rumors) are drawing tech headlines; they are unrelated to Fold Holdings’ business and unlikely to affect fundamentals, though they can create short-term name confusion. Samsung security patch reaches Galaxy Z Fold 6
• Neutral Sentiment: More foldable-phone coverage — teardown/speculation pieces and Apple roadmap leaks are drawing attention to “Fold” themes in tech press, but they don’t affect FLD’s operations. Samsung foreign material detection teardown
• Neutral Sentiment: Additional foldable-phone rumors and Apple roadmap write-ups — high interest for consumers/investors in hardware, not relevant to Fold Holdings’ crypto/payments business. iPhone Fold rumors
• Neutral Sentiment: Lifestyle fluff — a towel-folding piece circulated and is unrelated to company fundamentals. Towel folding trick
• Negative Sentiment: Insider selling (Feb. 23) — CFO Wolfe Repass sold 4,179 shares at an average price of $1.49 for ~$6,227, a reported ~2.43% reduction in that filing. This trade was disclosed in an SEC filing. SEC filing
• Negative Sentiment: Insider selling (Feb. 20) — the CFO also sold 12,406 shares at an average price of $1.55 for ~$19,229, reported as a ~7.04% reduction in that filing. Combined insider sales are modest in dollar terms but may be perceived negatively by investors. SEC filing

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. HC Wainwright reissued a “buy” rating and set a $7.00 price objective on shares of Fold in a report on Monday, February 9th. Wall Street Zen raised Fold from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fold in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $7.83.

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.