Published on November 24th, 2022 📆 | 7943 Views ⚑0
Have WM Technology, Inc. (NASDAQ:MAPS) Insiders Been Selling Their Stock?
Investors may wish to note that the COO & Chief Marketing Officer of WM Technology, Inc., Juanjo Feijoo, recently netted US$51k from selling stock, receiving an average price of US$1.20. It might not be a huge sale, but it did reduce their holding size 11%, hardly encouraging.
Our analysis indicates that MAPS is potentially undervalued!
The Last 12 Months Of Insider Transactions At WM Technology
In the last twelve months, the biggest single sale by an insider was when the insider, Christopher Beals, sold US$121k worth of shares at a price of US$2.65 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$1.17. So it is hard to draw any strong conclusion from it.
WM Technology insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
I will like WM Technology better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does WM Technology Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 4.8% of WM Technology shares, worth about US$8.7m, according to our data. We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About WM Technology Insiders?
Insiders haven't bought WM Technology stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. When you combine this with the relatively low insider ownership, we are very cautious about the stock. So we'd only buy after very careful consideration. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 4 warning signs for WM Technology (1 can't be ignored) you should be aware of.
Of course WM Technology may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
Valuation is complex, but we're helping make it simple.
Find out whether WM Technology is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.