Insider Buying: Fold (NASDAQ:FLD) Director Purchases 105,000 Shares of Stock

June 16, 2026 by InsiderTrades.com

Key Points

Director Jonathan Kirkwood bought 105,000 shares of Fold Holdings (NASDAQ: FLD) at $0.61 per share, a $64,050 transaction that raised his stake by nearly 30%. Insider buying can be viewed as a signal of confidence in the company.
Fold’s stock recently traded near $0.66, close to its 52-week low of $0.56 and far below its 52-week high of $4.88. The company also has a small market cap of about $33.3 million and a negative earnings profile.
The company missed its latest quarterly expectations, reporting a loss of $0.59 per share on revenue of $5.59 million versus estimates of $10 million. Analysts currently have an average Hold rating with a consensus price target of $2.73.

Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report) Director Jonathan Kirkwood bought 105,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were bought at an average price of $0.61 per share, for a total transaction of $64,050.00. Following the completion of the transaction, the director directly owned 457,295 shares of the company's stock, valued at $278,949.95. This represents a 29.80% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Fold Stock Performance

NASDAQ:FLD opened at $0.66 on Tuesday. The stock has a 50-day simple moving average of $1.17 and a two-hundred day simple moving average of $1.75. The firm has a market capitalization of $33.31 million, a PE ratio of -0.61 and a beta of 0.27. Fold Holdings, Inc. has a 52-week low of $0.56 and a 52-week high of $4.88.

Fold (NASDAQ:FLD - Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.59) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.43). The company had revenue of $5.59 million for the quarter, compared to analysts' expectations of $10.00 million. Fold had a negative net margin of 164.63% and a negative return on equity of 90.99%. Equities analysts forecast that Fold Holdings, Inc. will post -0.64 earnings per share for the current fiscal year.

More Fold News

Here are the key news stories impacting Fold this week:

Positive Sentiment: Director Jonathan Kirkwood bought 105,000 shares of Fold Holdings at $0.61 each, increasing his stake by nearly 30%. Insider buying can signal confidence in the company’s outlook and often supports the stock. SEC filing
Neutral Sentiment: News flow across the smartphone industry has highlighted growing excitement around foldable devices, including reports on Apple’s rumored iPhone Fold, Samsung’s upcoming Galaxy Z Fold lineup, Google’s Pixel 11 Pro Fold leaks, and Vivo’s new foldable model. This may improve overall awareness of the foldable-phone market, though it is not direct company-specific news.
Neutral Sentiment: Several articles suggested foldable phones are becoming more relevant, which could be viewed as supportive of the category but does not on its own change Fold Holdings’ fundamentals.

Analysts Set New Price Targets

A number of equities analysts have weighed in on FLD shares. HC Wainwright dropped their price target on shares of Fold from $7.00 to $3.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Northland Securities set a $3.50 price objective on shares of Fold in a research report on Wednesday, May 13th. Cantor Fitzgerald lowered their target price on shares of Fold from $2.00 to $1.70 and set an "overweight" rating on the stock in a research note on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Fold from a "strong sell" rating to a "sell" rating in a report on Saturday, April 18th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $2.73.

Get Our Latest Research Report on Fold

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FLD. Vanguard Group Inc. grew its holdings in Fold by 650.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company's stock valued at $6,853,000 after buying an additional 1,538,920 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Fold by 35.7% in the fourth quarter. Geode Capital Management LLC now owns 253,494 shares of the company's stock worth $662,000 after buying an additional 66,690 shares in the last quarter. Baird Financial Group Inc. bought a new position in shares of Fold during the second quarter worth $445,000. Vontobel Holding Ltd. grew its stake in Fold by 12.6% during the fourth quarter. Vontobel Holding Ltd. now owns 90,223 shares of the company's stock valued at $235,000 after acquiring an additional 10,118 shares in the last quarter. Finally, Union Square Park Capital Management LLC grew its stake in Fold by 50.7% during the third quarter. Union Square Park Capital Management LLC now owns 89,130 shares of the company's stock valued at $344,000 after acquiring an additional 29,974 shares in the last quarter. 56.89% of the stock is currently owned by institutional investors.

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.