Bracebridge Young, Jr. Acquires 8,500 Shares of Fold (NASDAQ:FLD) Stock

Fold Holdings, Inc. (NASDAQ:FLD) Director Bracebridge Young, Jr. bought 8,500 shares of Fold stock in a transaction on Monday, May 18th. The stock was acquired at an average price of $1.24 per share, for a total transaction of $10,540.00. Following the transaction, the director directly owned 40,100 shares of the company’s stock, valued at approximately $49,724. This trade represents a 26.90% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fold Stock Up 6.3%

NASDAQ:FLD opened at $1.27 on Thursday. Fold Holdings, Inc. has a 52 week low of $1.00 and a 52 week high of $5.54. The company has a market capitalization of $63.78 million, a P/E ratio of -1.19 and a beta of 0.39. The stock’s fifty day moving average is $1.33 and its two-hundred day moving average is $2.04.

Fold (NASDAQ:FLD) last posted its earnings results on Tuesday, May 12th. The company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.43). Fold had a negative net margin of 164.63% and a negative return on equity of 90.99%. The business had revenue of $5.59 million during the quarter, compared to analysts’ expectations of $10.00 million. Sell-side analysts anticipate that Fold Holdings, Inc. will post -0.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. acquired a new position in Fold during the 4th quarter worth $41,000. Goldman Sachs Group Inc. acquired a new position in Fold during the 4th quarter worth $28,000. Millennium Management LLC acquired a new position in Fold during the 3rd quarter worth $97,000. Shay Capital LLC acquired a new position in Fold during the 3rd quarter worth $92,000. Finally, Squarepoint Ops LLC acquired a new position in Fold during the 3rd quarter worth $46,000. 56.89% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

FLD has been the topic of a number of research analyst reports. Northland Securities set a $3.50 target price on Fold in a research report on Wednesday, May 13th. Wall Street Zen upgraded Fold from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. HC Wainwright cut their price objective on Fold from $7.00 to $3.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Cantor Fitzgerald cut their price objective on Fold from $2.00 to $1.70 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fold in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Fold has an average rating of “Moderate Buy” and an average target price of $2.73.

Trending Headlines about Fold

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Director Bracebridge Young, Jr. bought 8,500 shares at $1.24, increasing his stake by 26.9%, which can signal insider confidence in Fold’s outlook. SEC filing for insider purchase
• Neutral Sentiment: Fold shareholders approved the company’s directors and auditor at the annual meeting, indicating governance continuity rather than a major strategic change. Fold Holdings Shareholders Back Directors and Auditor Appointment
• Negative Sentiment: CEO William Brian Poppic Reeves sold shares in two separate transactions, although the filings say the sales were to cover tax withholding tied to vested equity awards; insider selling can still pressure sentiment. SEC filing for insider sale
• Negative Sentiment: The company’s latest earnings report was weak, with a larger-than-expected loss and revenue well below estimates, reinforcing concerns about profitability and growth. Fold stock and earnings summary

About Fold

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.