Fold Holdings, Inc. reported shareholder vote results
SEC 8-KRead source ↗
Fold Holdings, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders2 buying, 4 selling8 purchases and 73 sales by directors and officers, last 12 monthsInsider trades
- Funds26 adding, 36 cuttingOf 5 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 21% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Fold Holdings, Inc.'s latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
- Volatile shares. Over the past year the shares showed annualised volatility of 101% and a beta of 1.8 against the S&P 500.
Latest results
- Earnings per share
- -$0.13 against an average estimate of -$0.16: beat by 20.9%
- Share reaction
- +2.9% in the first session after the results on August 11, 2026, against -0.1% for the S&P 500
- Next report
- November 10, 2026; average EPS estimate -$0.10
Price chart
- 1 day+2.8%
- 1 week+7.8%
- 1 month+1.7%
- This year-78.9%
- 1 year-84.3%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 11, 2026
- Next results (est.)
- November 9, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Shareholder vote
- Agreement
Fold Holdings, Inc. entered a material agreement; sold unregistered shares
SEC 8-KRead source ↗ - Agreement ended
Fold Holdings, Inc. ended a material agreement; made a public disclosure
SEC 8-KRead source ↗ - Results
Fold Holdings, Inc. reported results; made a public disclosure
SEC 8-KRead source ↗ - Announcement
Fold Holdings, Inc. made a public disclosure
SEC 8-KRead source ↗
No model value for Fold Holdings, Inc. at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Fold Holdings, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.7 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Fold Holdings, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 10, 2026, after the close. Analysts expect revenue of $8m and EPS of −$0.10 (range −$0.11 to −$0.09) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.98 | −76% | $29m | −9% |
| Next | −$0.42 | +57% | $46m | +57% |
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is +34.2% on 90 days ago. In the last 30 days, 1 analyst raised Fold Holdings, Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Next fiscal year |
|---|---|
| 90 days ago | −$0.40 |
| 60 days ago | −$0.68 |
| 30 days ago | −$0.68 |
| 7 days ago | −$0.68 |
| Now | −$0.42 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.16 | −$0.13 | +20.9% |
| Dec 2025 | −$0.15 | −$0.10 | +30.2% |
| Sept 2025 | −$0.12 | −$0.12 | +0.3% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 1.6% of tradable shares
- Days to cover
- 3.69 at average volume
- Short interest, 1 month
- −22% to October 15, 2026
- Held by institutions
- 17% of shares
- Held by insiders
- 59.7% of shares
- Employees
- 43 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|
| Return | ||||
| FLD | +5% | +5% | −77% | −79% |
| Industry peers (median) | +19% | +15% | −4% | −6% |
| S&P 500 | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||
| FLD | 100% | 50% | 42% | 46% |
| S&P 500 | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||
| FLD | −1% | −4% | −78% | −86% |
| S&P 500 | −10% | −8% | −19% | −9% |
Worst fall since February 9, 2022: 97% from November 25, 2024 to July 17, 2026. Getting back needed a 2893% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $0.38 – $3.32
- From 52-week high
- −83.4%
- vs 50-day average
- +3.3%
- vs 200-day average
- −42.3%
- Volatility (1 year)
- 101%
- Beta vs S&P 500
- 1.80
Share price after results
- Next day
- 2 up, 4 down typical move ±5.2%
- After a week
- 2 up, 4 down typical move ±8.7%
- After a month
- 3 up, 3 down typical move ±18.3%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 11, 2026 | +2.9% | −0.1% | −0.2% | +16.0% |
| May 12, 2026 | −4.1% | +0.4% | −18.7% | −54.4% |
| March 17, 2026 | −13.7% | −1.1% | +17.7% | −7.3% |
| November 10, 2025 | 0.0% | +1.8% | −2.9% | +2.3% |
| August 12, 2025 | +6.5% | +1.4% | −3.7% | −15.7% |
| May 15, 2025 | −4.1% | +1.1% | +9.0% | +14.0% |
Fundamentals
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Banking and Payment Revenues | $30.3M | 95.2% | ▲ 29.4% |
| Custody and Trading Revenues | $1.5M | 4.6% | ▲ 756.5% |
| Other Revenues | $63,663 | 0.2% | ▼ 60.5% |
From Fold Holdings, Inc.'s 10-K filed March 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Who owns it
Funds buying and selling- Reported value
- $1.7M
- Institutions reporting
- 48
- Shares held vs prior quarter
- ▼ 4.7%
- Positions opened / closed
- 14 / 20
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Vanguard Capital Management LLC | $578,023 | 1.3M | 33.4% | ▼ 26.7% |
| Blue Owl Capital Holdings LP | $385,484 | 857K | 22.3% | 0.0% |
| HRT Financial LP | $101,000 | 224K | 5.8% | New |
| AQR Capital Management LLC | $92,459 | 204K | 5.3% | ▲ 75.5% |
| Geode Capital Management, LLC | $69,678 | 154K | 4.0% | ▼ 49.3% |
| Jane Street Group, LLC | $59,665 | 132K | 3.4% | New |
| Baird Financial Group, Inc. | $47,665 | 105K | 2.8% | 0.0% |
| Blackrock, Inc. | $43,751 | 97K | 2.5% | ▲ 1.0% |
| Union Square Park Capital Management, LLC | $40,403 | 89K | 2.3% | 0.0% |
| UBS Group AG | $38,324 | 85K | 2.2% | ▲ 412.5% |
| Qube Research & Technologies Ltd | $36,484 | 80K | 2.1% | New |
| Vanguard Fiduciary Trust Co | $33,549 | 74K | 1.9% | ▼ 28.9% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Fold Holdings, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $132,162 8 trades by 2 insiders, last 12 months Insider sales History → $309,469 73 trades by 4 insiders · 0% under pre-set plans
Net ▼ $177,307 net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Mcmanus Matt Chief Operating Officer | October 22, 2026 | Sell | 2,347 | $0.51 | $1,197 |
| Dickman Thomas J Chief Technology Officer | October 2, 2026 | Sell | 6 | $0.53 | $3 |
| Reeves William Brian Poppic Chief Executive Officer | October 2, 2026 | Sell | 4,851 | $0.53 | $2,571 |
| Reeves William Brian Poppic Chief Executive Officer | October 2, 2026 | Sell | 453 | $0.53 | $240 |
| Repass Wolfe Chief Financial Officer | October 2, 2026 | Sell | 452 | $0.53 | $240 |
| Repass Wolfe Chief Financial Officer | October 2, 2026 | Sell | 774 | $0.53 | $410 |
| Repass Wolfe Chief Financial Officer | October 2, 2026 | Sell | 5 | $0.53 | $3 |
| Young Bracebridge H Jr Director | September 11, 2026 | Buy | 10,000 | $0.54 | $5,400 |
| Young Bracebridge H Jr Director | September 11, 2026 | Buy | 10,000 | $0.56 | $5,600 |
| Young Bracebridge H Jr Director | September 11, 2026 | Buy | 10,000 | $0.54 | $5,400 |
| Young Bracebridge H Jr Director | September 11, 2026 | Buy | 10,000 | $0.56 | $5,600 |
| Repass Wolfe Chief Financial Officer | September 2, 2026 | Sell | 493 | $0.46 | $227 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced
- August 11, 2026
- May 12, 2026
- March 17, 2026
- November 10, 2025
- August 12, 2025
- May 15, 2025
Recent SEC filings
- 8-K Current report
- S-1 REGISTRATION STATEMENT
- DEF 14A Proxy statement
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Fold Holdings, Inc. in brief
- What does Fold Holdings, Inc. do?
- Fold Holdings, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Fold Holdings, Inc.'s stock ticker?
- Fold Holdings, Inc. trades under the ticker FLD on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Fold Holdings, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Vanguard Capital Management LLC, Blue Owl Capital Holdings LP and HRT Financial LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Fold Holdings, Inc. stock?
- Over the last 12 months, Fold Holdings, Inc.'s directors and officers reported 8 open-market purchases and 73 sales on Form 4. The insider trading page charts every trade.
- When is Fold Holdings, Inc.'s next earnings date?
- Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Fold Holdings, Inc. announces its own schedule.
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