Fold (NASDAQ:FLD) CEO William Brian Poppic Reeves Sells 10,681 Shares

Fold Holdings, Inc. (NASDAQ:FLD) CEO William Brian Poppic Reeves sold 10,681 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $1.22, for a total value of $13,030.82. Following the completion of the sale, the chief executive officer directly owned 5,508,779 shares in the company, valued at approximately $6,720,710.38. The trade was a 0.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

William Brian Poppic Reeves also recently made the following trade(s):

• On Monday, May 18th, William Brian Poppic Reeves sold 9,681 shares of Fold stock. The shares were sold at an average price of $1.24, for a total value of $12,004.44.
• On Monday, May 4th, William Brian Poppic Reeves sold 5,537 shares of Fold stock. The shares were sold at an average price of $1.42, for a total value of $7,862.54.
• On Thursday, April 2nd, William Brian Poppic Reeves sold 5,710 shares of Fold stock. The shares were sold at an average price of $1.22, for a total value of $6,966.20.
• On Monday, March 2nd, William Brian Poppic Reeves sold 5,496 shares of Fold stock. The shares were sold at an average price of $1.42, for a total value of $7,804.32.

Fold Trading Up 6.3%

Shares of FLD opened at $1.27 on Thursday. Fold Holdings, Inc. has a 12 month low of $1.00 and a 12 month high of $5.54. The stock’s 50 day moving average is $1.33 and its two-hundred day moving average is $2.04. The firm has a market cap of $63.78 million, a P/E ratio of -1.19 and a beta of 0.39.

Fold (NASDAQ:FLD) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.59) EPS for the quarter, missing the consensus estimate 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 analyst estimates of $10.00 million. Equities research analysts forecast that Fold Holdings, Inc. will post -0.77 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. Wall Street Zen raised Fold from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. Weiss Ratings restated a “sell (d)” rating on shares of Fold in a research report on Thursday, January 22nd. Northland Securities set a $3.50 target price on Fold in a research report on Wednesday, May 13th. Cantor Fitzgerald decreased their target price on Fold from $2.00 to $1.70 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Finally, HC Wainwright decreased their target price on Fold from $7.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently 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 position by 26.9%. Insider buying often signals confidence from leadership and can support sentiment in a small-cap stock like Fold. Insider Buying: Fold (NASDAQ:FLD) Director Acquires 8,500 Shares of Stock
• Positive Sentiment: Shareholders backed the company’s director and auditor appointments at the annual meeting, which suggests continued governance support and reduces near-term uncertainty. Fold Holdings Shareholders Back Directors and Auditor Appointment
• Neutral Sentiment: Samsung Galaxy Z Fold 8 rumors and leaks dominated broader foldable-phone headlines, but they are not directly related to Fold’s business; at most, they highlight the growing interest and competition in the foldable category. The Galaxy Z Fold 8 may miss out on S26 Ultra’s best features
• Neutral Sentiment: Additional foldable-phone coverage points to missing privacy and camera features in Samsung’s next model, which may affect the broader market narrative but does not materially change Fold Holdings’ near-term fundamentals. Samsung Galaxy Z Fold 8: Bad Crease News, No Display Upgrade
• Negative Sentiment: CEO William Brian Poppic Reeves sold shares in two recent filings, even though the company said the sales were for tax withholding tied to vested awards. Insider selling can still weigh on investor sentiment. SEC insider sale filing
• Negative Sentiment: Fold’s last earnings report was weak, with a wider-than-expected loss and revenue below estimates. That disappointing operating performance remains a background pressure on the stock. Fold stock and earnings overview

Hedge Funds Weigh In On Fold

Several hedge funds and other institutional investors have recently made changes to their positions in FLD. Geode Capital Management LLC purchased a new position in shares of Fold in the second quarter valued at approximately $749,000. Baird Financial Group Inc. acquired a new position in Fold during the second quarter worth $445,000. Osaic Holdings Inc. acquired a new position in Fold during the second quarter worth $121,000. Valeo Financial Advisors LLC acquired a new position in Fold during the third quarter worth $47,000. Finally, Vanguard Group Inc. boosted its stake in Fold by 650.5% during the third quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock worth $6,853,000 after buying an additional 1,538,920 shares during the last quarter. Hedge funds and other institutional investors own 56.89% of the company’s stock.

Fold Company Profile

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.