WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire Sells 27,848 Shares

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 27,848 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $1.02, for a total value of $28,404.96. Following the sale, the general counsel now owns 629,158 shares in the company, valued at approximately $641,741.16. The trade was a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

WM Technology Stock Up 2.6 %

MAPS stock opened at $1.20 on Friday. The stock’s 50 day moving average price is $0.90 and its 200 day moving average price is $0.97. WM Technology, Inc. has a 1 year low of $0.70 and a 1 year high of $1.47.

WM Technology (NASDAQ:MAPS) last announced its earnings results on Tuesday, November 12th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. WM Technology had a negative net margin of 1.02% and a negative return on equity of 1.68%. The firm had revenue of $46.55 million during the quarter.

Institutional Investors Weigh In On WM Technology

Several hedge funds have recently made changes to their positions in MAPS. Virtu Financial LLC increased its stake in WM Technology by 422.8% in the third quarter. Virtu Financial LLC now owns 76,635 shares of the company’s stock valued at $67,000 after purchasing an additional 61,976 shares during the last quarter. Barclays PLC grew its holdings in WM Technology by 37.5% in the 3rd quarter. Barclays PLC now owns 121,510 shares of the company’s stock valued at $106,000 after buying an additional 33,153 shares during the period. Luxor Capital Group LP increased its stake in shares of WM Technology by 42.5% during the 3rd quarter. Luxor Capital Group LP now owns 305,192 shares of the company’s stock valued at $266,000 after acquiring an additional 90,950 shares during the last quarter. State Street Corp lifted its holdings in shares of WM Technology by 4.6% during the 3rd quarter. State Street Corp now owns 989,704 shares of the company’s stock worth $861,000 after acquiring an additional 43,343 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in WM Technology in the third quarter valued at approximately $75,000. Institutional investors and hedge funds own 22.02% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Westpark Capital reissued a “buy” rating and issued a $2.61 price objective on shares of WM Technology in a research note on Wednesday, November 13th.

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.