FNY Investment Advisers LLC Has $67,000 Holdings in WM Technology, Inc. $MAPS

FNY Investment Advisers LLC boosted its stake in shares of WM Technology, Inc. (NASDAQ:MAPS) by 67.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 75,000 shares of the company’s stock after buying an additional 30,100 shares during the period. FNY Investment Advisers LLC’s holdings in WM Technology were worth $67,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Segall Bryant & Hamill LLC purchased a new position in WM Technology during the 1st quarter valued at about $3,056,000. Bank of New York Mellon Corp grew its stake in WM Technology by 14.2% during the 1st quarter. Bank of New York Mellon Corp now owns 226,842 shares of the company’s stock valued at $256,000 after acquiring an additional 28,187 shares in the last quarter. OMERS ADMINISTRATION Corp grew its stake in WM Technology by 327.5% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 373,200 shares of the company’s stock valued at $422,000 after acquiring an additional 285,900 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in WM Technology by 9.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 259,858 shares of the company’s stock valued at $294,000 after acquiring an additional 22,343 shares in the last quarter. Finally, Scoggin Management LP purchased a new position in WM Technology during the 1st quarter valued at about $1,130,000. Hedge funds and other institutional investors own 22.02% of the company’s stock.

Wall Street Analysts Forecast Growth

MAPS has been the topic of several research analyst reports. Westpark Capital reaffirmed a “buy” rating and set a $2.61 target price on shares of WM Technology in a research note on Monday, August 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of WM Technology in a research note on Wednesday, October 8th. Finally, Wall Street Zen cut WM Technology from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $2.61.

WM Technology Stock Performance

Shares of NASDAQ MAPS opened at $1.08 on Friday. The stock has a market cap of $169.07 million, a price-to-earnings ratio of 13.50 and a beta of 1.08. The business has a 50 day simple moving average of $1.17 and a 200 day simple moving average of $1.08. WM Technology, Inc. has a 52 week low of $0.70 and a 52 week high of $1.65.

WM Technology (NASDAQ:MAPS) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $44.85 million during the quarter, compared to the consensus estimate of $45.00 million. WM Technology had a net margin of 4.77% and a return on equity of 7.20%. WM Technology has set its Q3 2025 guidance at EPS.

Insider Buying and Selling

In other WM Technology news, CEO Douglas Francis sold 156,974 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $1.16, for a total transaction of $182,089.84. Following the completion of the sale, the chief executive officer owned 8,729,539 shares of the company’s stock, valued at $10,126,265.24. This represents a 1.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Brian Camire sold 90,482 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $1.17, for a total value of $105,863.94. Following the sale, the general counsel directly owned 1,933,841 shares of the company’s stock, valued at $2,262,593.97. The trade was a 4.47% decrease in their position. The disclosure for this sale can be found here. 23.64% of the stock is owned by corporate insiders.

WM Technology Company Profile

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.