State Street Corp Has $861,000 Stock Holdings in WM Technology, Inc. (NASDAQ:MAPS)

State Street Corp raised its position in WM Technology, Inc. (NASDAQ:MAPS) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 989,704 shares of the company’s stock after acquiring an additional 43,343 shares during the period. State Street Corp owned about 0.65% of WM Technology worth $861,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of WM Technology during the third quarter valued at approximately $25,000. Jacobs Levy Equity Management Inc. acquired a new stake in WM Technology during the third quarter worth $75,000. Rhumbline Advisers bought a new stake in WM Technology in the 2nd quarter valued at $106,000. Bank of New York Mellon Corp acquired a new position in shares of WM Technology in the 2nd quarter valued at $196,000. Finally, AdvisorShares Investments LLC bought a new position in shares of WM Technology during the 2nd quarter worth about $224,000. Institutional investors own 22.02% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Westpark Capital reissued a “buy” rating and issued a $2.61 target price on shares of WM Technology in a research note on Wednesday, November 13th.

Insider Activity at WM Technology

In other news, General Counsel Brian Camire sold 27,848 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $1.02, for a total transaction of $28,404.96. Following the completion of the sale, the general counsel now owns 629,158 shares of the company’s stock, valued at approximately $641,741.16. This trade represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 23.23% of the stock is currently owned by insiders.

WM Technology Trading Up 5.1 %

Shares of MAPS opened at $1.45 on Friday. The stock has a market cap of $221.65 million, a PE ratio of -48.32 and a beta of 0.92. WM Technology, Inc. has a 1 year low of $0.70 and a 1 year high of $1.65. The stock has a 50 day simple moving average of $1.17 and a 200-day simple moving average of $1.05.

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

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.