Fold (NASDAQ:FLD) Stock Rating Lowered by Wall Street Zen

Fold (NASDAQ:FLD) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Other equities research analysts have also issued reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fold in a research report on Thursday, January 22nd. HC Wainwright reissued a “buy” rating and set a $7.00 price target on shares of Fold in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Fold currently has a consensus rating of “Moderate Buy” and an average target price of $7.83.

Fold Trading Down 0.7%

FLD opened at $1.35 on Friday. The stock’s fifty day moving average is $1.95 and its two-hundred day moving average is $2.89. The company has a market capitalization of $65.22 million, a P/E ratio of -1.80 and a beta of 0.23. Fold has a 52 week low of $1.31 and a 52 week high of $8.53. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.87.

Insider Activity

In related news, CFO Wolfe Repass sold 21,857 shares of Fold stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $1.48, for a total transaction of $32,348.36. Following the transaction, the chief financial officer directly owned 150,377 shares of the company’s stock, valued at $222,557.96. This trade represents a 12.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 97,120 shares of company stock worth $143,439 in the last 90 days. 66.80% of the stock is currently owned by company insiders.

Institutional Trading of Fold

Hedge funds have recently bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new position in shares of Fold in the 2nd quarter valued at $25,000. Aptus Capital Advisors LLC purchased a new stake in shares of Fold during the 3rd quarter worth $39,000. SevenBridge Financial Group LLC purchased a new stake in shares of Fold during the 3rd quarter worth $39,000. Harvest Portfolios Group Inc. bought a new stake in Fold during the second quarter valued at about $43,000. Finally, Barclays PLC bought a new stake in Fold during the fourth quarter valued at about $26,000. Hedge funds and other institutional investors own 56.89% of the company’s stock.

Fold News Summary

Here are the key news stories impacting Fold this week:

• Neutral Sentiment: Costco listing a low?cost multifunction folding table is a retail/home-product story with no direct tie to Fold Holdings’ crypto/payments business; likely immaterial to FLD fundamentals. Costco Is Selling a Multifunctional Folding Table for a Steal
• Neutral Sentiment: Several media pieces on foldable phones (Apple, Samsung, Motorola) are boosting consumer interest in “fold” devices, but they relate to handset makers and component supply chains rather than Fold Holdings’ payments/BTC rewards platform—so impact on FLD is likely indirect/limited. Key reads include Apple fold name speculation and Samsung/Motorola hands?on reports. Apple iPhone Fold May Have Unexpected Name, New Report Says Samsung Galaxy Z Fold 8 Ultra: The End of the ‘Skinny’ Phone? Motorola Razr Fold hands-on: This beats Samsung and Google Pixel in notable ways
• Negative Sentiment: Wall Street Zen downgraded Fold (NASDAQ: FLD) to a “Sell” rating — this analyst action is the clearest short?term negative catalyst and likely explains much of the downward pressure in the stock today. Investors should monitor whether additional analysts follow suit or provide revised price targets. Fold (NASDAQ:FLD) Downgraded to “Sell” Rating by Wall Street Zen

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.