Director Scott Gordon Sells Shares of WM Know-how Inc (MAPS)

On June 24, 2024, Scott Gordon, Director at WM Know-how Inc (NASDAQ:MAPS), executed a big inventory transaction, promoting 112,994 shares of the corporate. In accordance with the SEC Submitting, the shares have been bought at a worth of $1.01 every. Following this transaction, the insider now owns 258,221 shares of WM Know-how Inc.

WM Know-how Inc operates within the expertise sector, offering software program and information options to the hashish trade. The corporate’s platform contains market and knowledge assets that profit each shoppers and companies within the hashish market.

Over the previous 12 months, Scott Gordon has bought a complete of 143,835 shares and has not made any purchases of the corporate’s inventory. This latest sale is a part of a broader pattern noticed at WM Know-how Inc, the place there have been 21 insider sells and no insider buys during the last 12 months.

The shares of WM Know-how Inc have been buying and selling at $1.01 on the day of the transaction, giving the corporate a market cap of $96.949 million. In accordance with GF Worth, the inventory is at present modestly undervalued, with a price-to-GF-Worth ratio of 0.86, suggesting a possible upside based mostly on historic buying and selling multiples, changes for previous efficiency, and future enterprise expectations.

Insider Sale: Director Scott Gordon Sells Shares of WM Technology Inc (MAPS)

Insider Sale: Director Scott Gordon Sells Shares of WM Know-how Inc (MAPS)

The GF Worth, an intrinsic worth estimate, displays issues comparable to historic price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free money circulate, together with a GuruFocus adjustment issue based mostly on previous returns and development, and future efficiency estimates from analysts.

Insider Sale: Director Scott Gordon Sells Shares of WM Technology Inc (MAPS)

Insider Sale: Director Scott Gordon Sells Shares of WM Know-how Inc (MAPS)

This sale by the insider at WM Know-how Inc gives an attention-grabbing information level for buyers monitoring insider behaviors and the valuation metrics of the corporate.

This text, generated by GuruFocus, is designed to supply normal insights and isn’t tailor-made monetary recommendation. Our commentary is rooted in historic information and analyst projections, using an neutral methodology, and isn’t meant to function particular funding steerage. It doesn’t formulate a advice to buy or divest any inventory and doesn’t think about particular person funding aims or monetary circumstances. Our goal is to ship long-term, basic data-driven evaluation. Remember that our evaluation won’t incorporate the newest, price-sensitive firm bulletins or qualitative data. GuruFocus holds no place within the shares talked about herein.

This text first appeared on GuruFocus.

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