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

WM Technology, Inc. (NASDAQ:MAPS) General Counsel Brian Camire sold 27,848 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $1.02, for a total value of $28,404.96. Following the completion of the transaction, the general counsel now directly owns 629,158 shares in the company, valued at $641,741.16. This represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WM Technology Price Performance

Shares of MAPS opened at $1.18 on Thursday. WM Technology, Inc. has a 52 week low of $0.70 and a 52 week high of $1.47. The stock has a 50 day moving average price of $0.89 and a two-hundred day moving average price of $0.97.

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

Analysts Set New Price Targets

Separately, Westpark Capital reiterated a “buy” rating and set a $2.61 price objective on shares of WM Technology in a report on Wednesday, November 13th.

Institutional Investors Weigh In On WM Technology

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in WM Technology during the third quarter valued at $25,000. Virtu Financial LLC bought a new position in WM Technology in the 1st quarter valued at $28,000. Quadrature Capital Ltd purchased a new stake in shares of WM Technology in the first quarter worth $53,000. Jacobs Levy Equity Management Inc. purchased a new position in WM Technology during the third quarter worth about $75,000. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of WM Technology during the 2nd quarter worth $79,000. 22.02% of the stock is owned by hedge funds and other 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.