Investors may wish to point out that the COO & Chief Marketing Officer of WM Technology, Inc., Juanjo Feijoo, recently made $51,000 from the sale of shares and has averaged a price of $1.20. It might not have been a big sale, but it reduced its holding size by 11%, which is hardly encouraging.
Our analysis indicates this MAPS is potentially underrated!
The last 12 months of insider transactions at WM Technology
In the last 12 months, the largest single sale by an insider was when the insider sold Christopher Beals for $121,000 in stock at $2.65 per share. We don’t generally like insider sales, but the lower the sale price, the more concerned we are. The good news is that this big sale was well above the current price of $1.17. It is therefore difficult to draw clear conclusions from this.
WM Technology insiders haven’t bought any shares in the last year. Below is a visual representation of insider transactions (both corporate and individual) over the past 12 months. If you click on the chart you will see all the individual transactions including the stock price, the individual and the date!
I’ll like WM Technology better when I see some big insider buys. While we wait, take a look at this free List of growing companies with significant recent insider purchases.
Does WM Technology have a high insider interest?
Many investors like to check how much of a company is owned by insiders. We usually like to see a fairly high level of inside ownership. According to our data, insiders own 4.8% of the shares of WM Technology, which is valued at approximately $8.7 million. We generally prefer to see a higher level of inside ownership.
So what does this data say about WM technology insiders?
Insiders haven’t bought any stock of WM Technology for the past three months, but there have been some sales. Looking back over the past 12 months, our data shows no insider buying. When you combine that with relatively little insider ownership, we’re very cautious about the stock. So we would only buy after very careful consideration. While we like to know what’s going on with the insider’s ownership and transactions, we also consider the risks a stock faces before making an investment decision. For example, we have identified 4 warning signs for WM Technology (1 must not be ignored) should be noted.
Of course WM Technology might not be the best stock to buy. You might want to see this free Collection of high quality companies.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulator. We currently account for open market transactions and private dispositions, but not derivatives transactions.
The assessment is complex, but we help to simplify it.
find out if WM technology may be over or under priced by reviewing our comprehensive analysis which includes the following Fair Value Estimates, Risks and Warnings, Dividends, Insider Trading and Financial Health.
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This Simply Wall St article is of a general nature. We provide comments based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended as financial advice. It is not a recommendation to buy or sell any stock and does not take into account your goals or financial situation. Our goal is to offer you long-term focused analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned.