Key Points
- CFO Wolfe Repass sold a total of 38,442 shares across three trades (Feb. 19–23) for roughly $57,804; SEC filings show that after the Feb. 20 sale he owned 163,923 shares (valued at about $254,081) and that Feb. 20 trade represented a 7.04% reduction in that filing.
- Fold (NASDAQ:FLD) is trading near $1.47 with a market cap of about $71M and a 1‑year range of $1.40–$8.53, while analysts’ consensus is a "Moderate Buy" with an average price target around $7.83, indicating a large gap between the current share price and analyst expectations.
Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report) CFO Wolfe Repass sold 12,406 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $1.55, for a total value of $19,229.30. Following the completion of the sale, the chief financial officer owned 163,923 shares in the company, valued at $254,080.65. This trade represents a 7.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Wolfe Repass also recently made the following trade(s):
- On Monday, February 23rd, Wolfe Repass sold 4,179 shares of Fold stock. The stock was sold at an average price of $1.49, for a total value of $6,226.71.
- On Thursday, February 19th, Wolfe Repass sold 21,857 shares of Fold stock. The shares were sold at an average price of $1.48, for a total value of $32,348.36.
Fold Trading Up 2.1%
Shares of FLD opened at $1.47 on Wednesday. Fold Holdings, Inc. has a 1-year low of $1.40 and a 1-year high of $8.53. The company has a market capitalization of $71.02 million, a P/E ratio of -1.96 and a beta of 0.18. 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 firm's 50 day simple moving average is $2.15 and its 200 day simple moving average is $3.03.
Fold News Roundup
Here are the key news stories impacting Fold this week:
- Neutral Sentiment: Human-interest/brand confusion risk — an unrelated lifestyle piece about Scottish Fold cats circulated, which may briefly attract attention because of the company name but has no business impact on Fold Holdings. Scottish Fold Cats Have a Personal Paparazzi
- Neutral Sentiment: Industry/branding noise — several articles on foldable smartphones (Samsung Galaxy Z Fold/Flip coverage and iPhone Fold rumors) are drawing tech headlines; they are unrelated to Fold Holdings’ business and unlikely to affect fundamentals, though they can create short-term name confusion. Samsung security patch reaches Galaxy Z Fold 6
- Neutral Sentiment: More foldable-phone coverage — teardown/speculation pieces and Apple roadmap leaks are drawing attention to “Fold” themes in tech press, but they don’t affect FLD’s operations. Samsung foreign material detection teardown
- Neutral Sentiment: Additional foldable-phone rumors and Apple roadmap write-ups — high interest for consumers/investors in hardware, not relevant to Fold Holdings’ crypto/payments business. iPhone Fold rumors
- Neutral Sentiment: Lifestyle fluff — a towel-folding piece circulated and is unrelated to company fundamentals. Towel folding trick
- Negative Sentiment: Insider selling (Feb. 23) — CFO Wolfe Repass sold 4,179 shares at an average price of $1.49 for ~$6,227, a reported ~2.43% reduction in that filing. This trade was disclosed in an SEC filing. SEC filing
- Negative Sentiment: Insider selling (Feb. 20) — the CFO also sold 12,406 shares at an average price of $1.55 for ~$19,229, reported as a ~7.04% reduction in that filing. Combined insider sales are modest in dollar terms but may be perceived negatively by investors. SEC filing
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. HC Wainwright reiterated a "buy" rating and issued a $7.00 target price on shares of Fold in a research report on Monday, February 9th. Wall Street Zen upgraded Fold from a "sell" rating to a "hold" rating in a report on Sunday, November 30th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Fold in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $7.83.
Get Our Latest Stock Analysis on FLD
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in Fold during the 2nd quarter valued at $25,000. North Capital Inc. purchased a new position in shares of Fold in the second quarter valued at about $30,000. SevenBridge Financial Group LLC bought a new position in shares of Fold during the third quarter valued at about $39,000. Aptus Capital Advisors LLC purchased a new stake in shares of Fold during the third quarter worth about $39,000. Finally, Harvest Portfolios Group Inc. bought a new stake in shares of Fold in the second quarter worth about $43,000. 56.89% of the stock is owned by hedge funds and other institutional investors.
Fold Company Profile
(
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].