Insider Buying: Fold (NASDAQ:FLD) Director Purchases 105,000 Shares of Stock

Posted by Stanley Muller on Jun 15th, 2026

Fold Holdings, Inc. (NASDAQ:FLD – Get Free Report) Director Jonathan Kirkwood acquired 105,000 shares of Fold stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $0.61 per share, with a total value of $64,050.00. Following the completion of the purchase, the director owned 457,295 shares in the company, valued at approximately $278,949.95. This represents a 29.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Fold Stock Up 12.7%

Shares of FLD traded up $0.07 during mid-day trading on Monday, reaching $0.66. The company’s stock had a trading volume of 1,310,031 shares, compared to its average volume of 6,468,954. The business has a fifty day moving average of $1.17 and a 200 day moving average of $1.75. The company has a market cap of $33.31 million, a price-to-earnings ratio of -0.61 and a beta of 0.27. Fold Holdings, Inc. has a 1 year low of $0.56 and a 1 year high of $4.88.

Fold (NASDAQ:FLD – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.43). The business had revenue of $5.59 million during the quarter, compared to analysts’ expectations of $10.00 million. Fold had a negative net margin of 164.63% and a negative return on equity of 90.99%. On average, analysts predict that Fold Holdings, Inc. will post -0.64 earnings per share for the current year.

Hedge Funds Weigh In On Fold

Institutional investors have recently bought and sold shares of the stock. Mariner LLC raised its holdings in Fold by 60.9% during the fourth quarter. Mariner LLC now owns 63,518 shares of the company’s stock valued at $166,000 after buying an additional 24,038 shares in the last quarter. Osaic Holdings Inc. bought a new position in Fold during the second quarter valued at about $121,000. Millennium Management LLC bought a new position in Fold during the third quarter valued at about $97,000. Shay Capital LLC bought a new position in Fold during the third quarter valued at about $92,000. Finally, Squarepoint Ops LLC bought a new position in Fold during the third quarter valued at about $46,000. 56.89% of the stock is currently owned by institutional investors.

More Fold News

Here are the key news stories impacting Fold this week:

Positive Sentiment: Director Jonathan Kirkwood bought 105,000 shares of Fold Holdings at $0.61 each, increasing his stake by nearly 30%. Insider buying can signal confidence in the company’s outlook and often supports the stock. SEC filing
Neutral Sentiment: News flow across the smartphone industry has highlighted growing excitement around foldable devices, including reports on Apple’s rumored iPhone Fold, Samsung’s upcoming Galaxy Z Fold lineup, Google’s Pixel 11 Pro Fold leaks, and Vivo’s new foldable model. This may improve overall awareness of the foldable-phone market, though it is not direct company-specific news.
Neutral Sentiment: Several articles suggested foldable phones are becoming more relevant, which could be viewed as supportive of the category but does not on its own change Fold Holdings’ fundamentals.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Northland Securities set a $3.50 target price on Fold in a report on Wednesday, May 13th. Wall Street Zen upgraded Fold from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. HC Wainwright reduced their target price on Fold from $7.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Cantor Fitzgerald reduced their target price on Fold from $2.00 to $1.70 and set an “overweight” rating for the company in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Fold currently has a consensus rating of “Hold” and a consensus price target of $2.73.

Check Out Our Latest Stock Report on Fold

About Fold

(Get Free Report)

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.