Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report) CFO Wolfe Repass sold 9,177 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $1.48, for a total value of $13,581.96. Following the completion of the transaction, the chief financial officer owned 218,554 shares of the company's stock, valued at $323,459.92. The trade was a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Wolfe Repass also recently made the following trade(s):
- On Thursday, February 26th, Wolfe Repass sold 13,675 shares of Fold stock. The stock was sold at an average price of $1.46, for a total value of $19,965.50.
- 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 value of $7,972.40.
- On Tuesday, February 24th, Wolfe Repass sold 13,796 shares of Fold stock. The shares were sold at an average price of $1.47, for a total value of $20,280.12.
- On Monday, February 23rd, Wolfe Repass sold 4,179 shares of Fold stock. The shares were sold at an average price of $1.49, for a total value of $6,226.71.
- On Friday, February 20th, Wolfe Repass sold 12,406 shares of Fold stock. The stock was sold at an average price of $1.55, for a total value 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 Down 4.0%
NASDAQ:FLD opened at $1.43 on Tuesday. Fold Holdings, Inc. has a one year low of $1.36 and a one year high of $8.53. 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 company has a market cap of $69.08 million, a PE ratio of -1.91 and a beta of 0.23. The firm's 50 day simple moving average is $2.04 and its 200 day simple moving average is $2.95.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on FLD. Wall Street Zen upgraded Fold from a "sell" rating to a "hold" rating in a report on Sunday, November 30th. HC Wainwright reissued a "buy" rating and issued a $7.00 price target on shares of Fold in a research note on Monday, February 9th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Fold in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $7.83.
Read Our Latest Stock Report on Fold
Key Stories Impacting Fold
Here are the key news stories impacting Fold this week:
- Positive Sentiment: Wider media attention on “fold” technology (Motorola Razr Fold coverage) could produce incidental search or brand-awareness spillover for the name “Fold,” though this is indirect and unlikely to affect fundamentals. The Motorola Razr Fold is shaping up to be pure flagship
- Neutral Sentiment: Lenovo’s Legion Go Fold gaming handheld concept created buzz at MWC but is a product/competitor story in consumer electronics, not related to Fold Holdings’ crypto rewards/financial services operations. Lenovo Go Fold concept aims to marry the world of foldables & handheld gaming devices
- Neutral Sentiment: Multiple outlets reporting on Apple foldable display leaks and Motorola battery/design claims are industry technology stories that do not point to revenue or product changes for Fold Holdings. The Crease is Gone: New Leaks Reveal Apple’s Secret to a Seamless iPhone Fold
- Negative Sentiment: Company-specific market signals are weak: FLD is trading below both the 50-day ($2.07) and 200-day ($2.97) moving averages and sits near its one-year low — technicals suggest cautious investor sentiment and limited momentum.
- Negative Sentiment: Reported short-interest data in the feed is inconsistent (shows 0 shares and NaN changes). That ambiguity in publicly reported metrics can foster uncertainty and exacerbate downside pressure for a thinly traded, small-cap name.
Institutional Trading of Fold
A number of large investors have recently bought and sold shares of FLD. Golden State Wealth Management LLC acquired a new stake in Fold during the 2nd quarter worth about $25,000. Barclays PLC bought a new stake in shares of Fold during the 4th quarter valued at about $26,000. Goldman Sachs Group Inc. bought a new stake in shares of Fold during the 4th quarter valued at about $28,000. North Capital Inc. acquired a new stake in Fold during the second quarter worth approximately $30,000. Finally, SevenBridge Financial Group LLC bought a new stake in Fold in the third quarter worth approximately $39,000. 56.89% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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