WM Technology (NASDAQ:MAPS) Stock Price Up 3.9% - Still a Buy?

Key Points

• Shares rose 3.9% to $0.7051 on Thursday with ~699,444 shares traded (about 5% above average); the stock is near its 50‑day moving average ($0.70) but below its 200‑day ($0.89).
• The company missed EPS (‑$0.03 vs. $0.03 estimate) while beating revenue ($43.07M vs. $42.00M); market cap is ~$112M with a low net margin (1.12%) and ROE (1.51%), signaling thin profitability.
• Analyst sentiment is mixed—consensus rating is Hold with a $2.61 target and Weiss Ratings recently downgraded to Sell—and insiders sold 475,260 shares last quarter (including CEO and CTO), leaving insiders with ~23.6% ownership.

WM Technology, Inc. (NASDAQ:MAPS - Get Free Report)'s share price traded up 3.9% during trading on Thursday . The company traded as high as $0.7098 and last traded at $0.7051. 699,444 shares traded hands during trading, an increase of 5% from the average session volume of 668,229 shares. The stock had previously closed at $0.6787.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of WM Technology from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $2.61.

WM Technology Stock Up 3.9%

The stock has a 50 day moving average price of $0.70 and a 200 day moving average price of $0.89. The stock has a market capitalization of $112.14 million, a price-to-earnings ratio of 35.27 and a beta of 1.22.

WM Technology (NASDAQ:MAPS - Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). The company had revenue of $43.07 million during the quarter, compared to the consensus estimate of $42.00 million. WM Technology had a net margin of 1.12% and a return on equity of 1.51%.

Insider Buying and Selling at WM Technology

In related news, CEO Douglas Francis sold 103,019 shares of the business's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $0.68, for a total transaction of $70,052.92. Following the transaction, the chief executive officer directly owned 8,467,787 shares in the company, valued at approximately $5,758,095.16. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Sarah Griffis sold 271,032 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $0.68, for a total value of $184,301.76. Following the completion of the transaction, the chief technology officer directly owned 1,528,968 shares of the company's stock, valued at approximately $1,039,698.24. This represents a 15.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 475,260 shares of company stock worth $323,177. Insiders own 23.64% of the company's stock.

Institutional Trading of WM Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its stake in WM Technology by 43.8% in the fourth quarter. Invesco Ltd. now owns 57,105 shares of the company's stock worth $47,000 after buying an additional 17,386 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of WM Technology by 54.9% during the third quarter. Bank of America Corp DE now owns 36,989 shares of the company's stock valued at $43,000 after acquiring an additional 13,116 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of WM Technology in the 2nd quarter worth about $42,000. Virtu Financial LLC purchased a new stake in WM Technology during the 3rd quarter valued at about $32,000. Finally, Centiva Capital LP purchased a new stake in WM Technology during the 3rd quarter valued at about $31,000. 22.02% of the stock is currently owned by institutional investors.

About WM Technology

WM Technology, Inc is a software-as-a-service provider that delivers cloud-based solutions to the wealth and asset management industry. The company's platform is designed to support financial advisors, broker-dealers and registered investment advisors with digital investment advice, portfolio management, performance reporting and compliance monitoring.

WM Technology's product suite includes tools for streamlined client onboarding, interactive financial planning, automated portfolio rebalancing and tax-aware investment strategies.

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