Wolfe Repass Sells 13,796 Shares of Fold (NASDAQ:FLD) Stock

Fold Holdings, Inc. (NASDAQ:FLD) CFO Wolfe Repass sold 13,796 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1.47, for a total transaction of $20,280.12. Following the completion of the sale, the chief financial officer directly owned 185,081 shares in the company, valued at approximately $272,069.07. This represents a 6.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wolfe Repass also recently made the following trade(s):

• On Wednesday, February 25th, Wolfe Repass sold 5,245 shares of Fold stock. The shares were sold at an average price of $1.52, for a total transaction of $7,972.40.
• 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 transaction 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 transaction 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 value of $32,348.36.

Fold Stock Performance

Shares of NASDAQ FLD opened at $1.49 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.44 and a current ratio of 1.47. The stock has a 50 day moving average price of $2.07 and a 200 day moving average price of $2.99. The stock has a market capitalization of $71.98 million, a PE ratio of -1.99 and a beta of 0.18. Fold Holdings, Inc. has a 52 week low of $1.40 and a 52 week high of $8.53.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FLD. HC Wainwright restated a “buy” rating and set a $7.00 price objective on shares of Fold in a research note on Monday, February 9th. Wall Street Zen raised Fold from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fold in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $7.83.

Institutional Investors Weigh In On Fold

Several hedge funds have recently bought and sold shares of FLD. Vanguard Group Inc. grew its position in shares of Fold by 650.5% in the third quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock valued at $6,853,000 after purchasing an additional 1,538,920 shares during the last quarter. Geode Capital Management LLC bought a new stake in Fold in the 2nd quarter valued at $749,000. Baird Financial Group Inc. acquired a new position in Fold in the 2nd quarter valued at $445,000. Vontobel Holding Ltd. bought a new position in Fold during the 3rd quarter worth $309,000. Finally, Cypress Point Wealth Management LLC acquired a new stake in shares of Fold during the third quarter worth $210,000. 56.89% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Fold

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Fold executed strategic capital transactions that extinguished two convertible notes (~$66.3M principal), released 521 BTC previously held as collateral, and removed an estimated 8–10M potential shares from the fully diluted count — simplifying the balance sheet and freeing assets to support a credit-card program and other growth initiatives. Fold Eliminates its Convertible Debt (GlobeNewswire)
• Positive Sentiment: Company statements and secondary coverage emphasize the transactions were mostly non-dilutive, restored financing optionality, and explicitly position Fold to scale the upcoming Fold Credit Card and enterprise financial services — clear catalysts for revenue and product growth if executed. QuiverQuant recap of restructuring
• Neutral Sentiment: Market context: the stock trades well below its 50- and 200‑day moving averages and still shows high historical volatility tied to bitcoin exposure; institutional ownership and mixed analyst coverage leave sentiment heterogeneous among investors. MarketBeat FLD profile
• Negative Sentiment: Insider selling: CFO Wolfe Repass disclosed multiple share sales in late Feb (several filings totaling tens of thousands of shares), which can be perceived negatively by some investors and may cap near-term upside despite the restructuring news. InsiderTrades: Wolfe Repass sales

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.