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 the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $500,142.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

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

WM Technology Stock Performance

Shares of WM Technology stock opened at $1.00 on Friday. The business has a fifty day simple moving average of $1.05 and a 200-day simple moving average of $0.99. WM Technology, Inc. has a fifty-two week low of $0.70 and a fifty-two week 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 net margin of 3.32% and a negative return on equity of 12.58%. The company had revenue of $44.39 million during the quarter. Sell-side analysts forecast that WM Technology, Inc. will post -0.03 EPS for the current year.

Institutional Investors Weigh In On WM Technology

A number of institutional investors and hedge funds have recently modified their holdings of MAPS. Tidal Investments LLC acquired a new stake in shares of WM Technology during the first quarter worth $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 purchasing an additional 671,253 shares in the last quarter. AXS Investments LLC raised its holdings in WM Technology by 31.2% during 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 during the period. Citigroup Inc. purchased a new stake in WM Technology during the third quarter valued at about $190,000. Finally, Quadrature Capital Ltd acquired a new position in shares of WM Technology in the first quarter worth about $53,000. Institutional investors and hedge funds own 22.02% of the company’s stock.

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.