WINTON GROUP Ltd Takes Position in WM Technology, Inc. (NASDAQ:MAPS)

WINTON GROUP Ltd purchased a new stake in WM Technology, Inc. (NASDAQ:MAPS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 153,455 shares of the company’s stock, valued at approximately $212,000. WINTON GROUP Ltd owned 0.10% of WM Technology as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC increased its stake in WM Technology by 37.5% in the 3rd quarter. Barclays PLC now owns 121,510 shares of the company’s stock valued at $106,000 after purchasing an additional 33,153 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of WM Technology by 100.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 169,284 shares of the company’s stock worth $147,000 after purchasing an additional 84,907 shares during the period. SG Americas Securities LLC grew its holdings in WM Technology by 40.6% in the 4th quarter. SG Americas Securities LLC now owns 40,305 shares of the company’s stock valued at $56,000 after buying an additional 11,633 shares during the period. State Street Corp increased its position in WM Technology by 4.6% during the third quarter. State Street Corp now owns 989,704 shares of the company’s stock worth $861,000 after purchasing an additional 43,343 shares during the last quarter. Finally, Tidal Investments LLC raised its position in shares of WM Technology by 31.1% in the 3rd quarter. Tidal Investments LLC now owns 3,516,406 shares of the company’s stock worth $3,059,000 after buying an additional 834,551 shares during the period. 22.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Westpark Capital reiterated a “buy” rating and issued a $2.61 target price on shares of WM Technology in a research note on Tuesday, March 11th.

WM Technology Stock Performance

MAPS opened at $1.13 on Tuesday. The company has a market capitalization of $174.41 million, a P/E ratio of -37.65 and a beta of 0.93. The company has a 50-day moving average of $1.32 and a 200-day moving average of $1.19. WM Technology, Inc. has a 1-year low of $0.70 and a 1-year high of $1.65.

WM Technology (NASDAQ:MAPS) last posted its quarterly earnings results on Thursday, March 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. The business had revenue of $47.67 million during the quarter, compared to the consensus estimate of $46.00 million.

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.