Key Points
- CFO Wolfe Repass sold a total of 57,483 shares across multiple trades in late February for roughly $86,057, cutting his stake by 6.94% to 185,081 shares (disclosed in an SEC filing).
- FLD traded at $1.49 (up 0.7%) with very light intraday volume (4,902 vs. average 138,236), a market cap of $71.98 million and a 12‑month range of $1.40–$8.53, signaling low current liquidity and valuation pressure.
- Institutional ownership is 56.89% and analysts are mixed but averaged a "Moderate Buy" rating with a consensus price target of $7.83, reflecting divergent views despite insider selling.
Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report) CFO Wolfe Repass sold 13,796 shares of Fold stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $1.47, for a total value of $20,280.12. Following the completion of the transaction, the chief financial officer directly owned 185,081 shares of the company's stock, valued at approximately $272,069.07. This represents a 6.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Wolfe Repass also recently made the following trade(s):
- On Wednesday, February 25th, Wolfe Repass sold 5,245 shares of Fold stock. The stock was sold at an average price of $1.52, for a total transaction of $7,972.40.
- 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 transaction of $6,226.71.
- On Friday, February 20th, Wolfe Repass sold 12,406 shares of Fold stock. The shares were sold at an average price of $1.55, for a total transaction of $19,229.30.
- 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 transaction of $32,348.36.
Fold Stock Up 0.7%
FLD stock traded up $0.01 during midday trading on Friday, hitting $1.49. The company's stock had a trading volume of 4,902 shares, compared to its average volume of 138,236. The firm's 50-day moving average is $2.09 and its 200-day moving average is $3.01. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.87. Fold Holdings, Inc. has a 12 month low of $1.40 and a 12 month high of $8.53. The company has a market cap of $71.98 million, a PE ratio of -1.99 and a beta of 0.18.
Institutional Trading of Fold
Large investors have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in Fold in the second quarter worth approximately $25,000. Barclays PLC bought a new stake in shares of Fold during the 4th quarter valued at $26,000. Goldman Sachs Group Inc. purchased a new stake in shares of Fold in the 4th quarter worth $28,000. North Capital Inc. bought a new position in Fold in the 2nd quarter worth $30,000. Finally, SevenBridge Financial Group LLC purchased a new position in Fold during the third quarter valued at $39,000. 56.89% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
FLD has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "sell (d)" rating on shares of Fold in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Fold from a "sell" rating to a "hold" rating in a research report on Sunday, November 30th. Finally, HC Wainwright reaffirmed a "buy" rating and issued a $7.00 target price on shares of Fold in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $7.83.
Check Out Our Latest Report on FLD
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.
Further Reading
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