Insider Selling: Fold (NASDAQ:FLD) CFO Sells 21,857 Shares of Stock

Key Points

  • CFO Wolfe Repass sold 21,857 shares of Fold (FLD) on Feb. 19 at an average price of $1.48, receiving about $32,348 and reducing his stake by 12.69 to 150,377 shares (≈$222,558).
  • Shares traded around $1.49 (down ~0.7%) with a market cap near $72 million, a 52‑week range of $1.40–$8.70, 50‑/200‑day moving averages of $2.21/$3.08, and a negative P/E of -1.99.
  • Analyst coverage is mixed—one Strong Buy, two Buy and one Sell—resulting in an average rating of "Moderate Buy" and an average price target of $7.83.

Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report) CFO Wolfe Repass sold 21,857 shares of Fold stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $1.48, for a total value of $32,348.36. Following the transaction, the chief financial officer owned 150,377 shares in the company, valued at approximately $222,557.96. This represents a 12.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Fold Trading Down 0.7%

Shares of FLD traded down $0.01 during mid-day trading on Friday, reaching $1.49. The stock had a trading volume of 157,223 shares, compared to its average volume of 154,816. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.47 and a quick ratio of 1.44. The business's fifty day moving average is $2.21 and its 200 day moving average is $3.08. Fold Holdings, Inc. has a 52-week low of $1.40 and a 52-week high of $8.70. The firm has a market cap of $71.98 million, a price-to-earnings ratio of -1.99 and a beta of 0.18.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FLD. Weiss Ratings reiterated a "sell (d)" rating on shares of Fold in a research report on Thursday, January 22nd. HC Wainwright reiterated a "buy" rating and set a $7.00 price target on shares of Fold in a report on Monday, February 9th. Finally, Wall Street Zen upgraded shares of Fold from a "sell" rating to a "hold" rating in a report on Sunday, November 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $7.83.




Read Our Latest Stock Analysis on FLD

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Golden State Wealth Management LLC purchased a new stake in Fold during the 2nd quarter worth approximately $25,000. North Capital Inc. purchased a new position in Fold in the second quarter valued at $30,000. FNY Investment Advisers LLC acquired a new position in Fold during the 2nd quarter worth $29,000. SevenBridge Financial Group LLC purchased a new stake in Fold during the 3rd quarter worth about $39,000. Finally, Aptus Capital Advisors LLC acquired a new stake in Fold in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 56.89% of the company's stock.

About Fold

(Get Free Report)

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company's core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.

See Also

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Fold?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Fold and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles