WM Expertise (NASDAQ:MAPS) Hits New 12-Month Low at $3.97

WM Expertise, Inc. (NASDAQ:MAPSGet Score) reached a brand new 52-week low throughout mid-day buying and selling on Monday . The corporate traded as little as $3.97 and final traded at $3.98, with a quantity of 27654 shares altering arms. The inventory had beforehand closed at $4.35.

Individually, Piper Sandler decreased their goal value on shares of WM Expertise from $9.00 to $8.00 in a analysis report on Thursday, Might fifth. Eight funding analysts have rated the inventory with a purchase score, In line with MarketBeat, the inventory presently has a consensus score of “Purchase” and a consensus goal value of $14.64.

The enterprise’s 50-day easy transferring common is $5.35 and its two-hundred day easy transferring common is $5.74. The agency has a market cap of $487.88 million, a price-to-earnings ratio of 18.90 and a beta of 0.26.

In different information, CEO Christopher Beals offered 29,442 shares of the enterprise’s inventory in a transaction dated Wednesday, Might 18th. The shares had been offered at a mean value of $5.47, for a complete transaction of $161,047.74. Following the completion of the sale, the chief govt officer now owns 702,293 shares of the corporate’s inventory, valued at $3,841,542.71. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which will be accessed via the SEC web site. Additionally, CFO Arden Lee offered 27,990 shares of the enterprise’s inventory in a transaction dated Wednesday, Might 18th. The inventory was offered at a mean value of $5.47, for a complete transaction of $153,105.30. Following the sale, the chief monetary officer now instantly owns 552,469 shares of the corporate’s inventory, valued at roughly $3,022,005.43. The disclosure for this sale will be discovered right here. Within the final quarter, insiders offered 99,745 shares of firm inventory valued at $537,430.

A lot of hedge funds and different institutional traders have lately made adjustments to their positions in MAPS. HighTower Advisors LLC grew its stake in WM Expertise by 58.3% in the course of the third quarter. HighTower Advisors LLC now owns 15,825 shares of the corporate’s inventory valued at $230,000 after buying an extra 5,825 shares within the final quarter. Marshall Wace LLP grew its stake in WM Expertise by 72.6% in the course of the third quarter. Marshall Wace LLP now owns 36,232 shares of the corporate’s inventory valued at $525,000 after buying an extra 15,236 shares within the final quarter. Bessemer Group Inc. bought a brand new stake in WM Expertise in the course of the 4th quarter valued at about $46,000. Arizona State Retirement System bought a brand new stake in shares of WM Expertise within the 4th quarter valued at roughly $82,000. Lastly, Northern Belief Corp grew its stake in shares of WM Expertise by 28.2% within the 4th quarter. Northern Belief Corp now owns 111,441 shares of the corporate’s inventory valued at $666,000 after shopping for an extra 24,543 shares in the course of the interval. 24.99% of the inventory is owned by institutional traders.

About WM Expertise (NASDAQ:MAPS)

WM Expertise, Inc offers ecommerce and compliance software program options to retailers and types in hashish market in the US, Canada, and internationally. The corporate presents Weedmaps market that enables hashish customers to seek for and browse hashish merchandise from retailers and types, and reserve merchandise from native retailers; and knowledge on the hashish plant, and the trade and advocate associated companies for legalization.

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