Alyssa Henry Sells 20,000 Shares of Square, Inc. (NYSE:SQ) Stock

Square, Inc. (NYSE:SQ) insider Alyssa Henry sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $60.26, for a total value of $1,205,200.00. Following the completion of the transaction, the insider now directly owns 442,168 shares in the company, valued at $26,645,043.68. The sale was disclosed in a filing with the SEC, which is available through this link.

Alyssa Henry also recently made the following trade(s):

  • On Tuesday, August 13th, Alyssa Henry sold 20,000 shares of Square stock. The stock was sold at an average price of $61.86, for a total value of $1,237,200.00.
  • On Tuesday, July 9th, Alyssa Henry sold 20,000 shares of Square stock. The stock was sold at an average price of $77.69, for a total value of $1,553,800.00.

Shares of Square stock traded down $1.41 during trading hours on Thursday, reaching $57.79. The stock had a trading volume of 14,699,070 shares, compared to its average volume of 10,432,090. The stock’s 50 day moving average is $66.46 and its 200 day moving average is $71.03. The firm has a market capitalization of $26.26 billion, a PE ratio of 2,889.50, a PEG ratio of 20.89 and a beta of 3.41. Square, Inc. has a twelve month low of $49.82 and a twelve month high of $101.15. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.87.



Square (NYSE:SQ) last released its quarterly earnings data on Thursday, August 1st. The technology company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.20. The company had revenue of $563.00 million during the quarter, compared to the consensus estimate of $557.67 million. Square had a negative net margin of 1.35% and a positive return on equity of 2.65%. Square’s quarterly revenue was up 46.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. As a group, sell-side analysts predict that Square, Inc. will post 0.12 earnings per share for the current year.

Institutional investors have recently bought and sold shares of the company. AdvisorNet Financial Inc boosted its position in shares of Square by 1.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 9,338 shares of the technology company’s stock worth $677,000 after purchasing an additional 140 shares during the period. Atlantic Trust LLC raised its holdings in shares of Square by 38.9% in the 2nd quarter. Atlantic Trust LLC now owns 521 shares of the technology company’s stock valued at $38,000 after purchasing an additional 146 shares in the last quarter. Cresset Asset Management LLC raised its holdings in shares of Square by 6.6% in the 2nd quarter. Cresset Asset Management LLC now owns 2,940 shares of the technology company’s stock valued at $213,000 after purchasing an additional 181 shares in the last quarter. Hilltop Holdings Inc. raised its stake in Square by 4.2% during the 2nd quarter. Hilltop Holdings Inc. now owns 4,776 shares of the technology company’s stock worth $347,000 after acquiring an additional 191 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in Square by 4.4% during the 1st quarter. Meridian Wealth Management LLC now owns 4,677 shares of the technology company’s stock worth $351,000 after acquiring an additional 199 shares in the last quarter. 55.74% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently weighed in on SQ. Wedbush restated a “neutral” rating on shares of Square in a research report on Monday, July 1st. Canaccord Genuity downgraded Square from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $88.00 to $64.00 in a research report on Thursday. SunTrust Banks upgraded Square from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd. Rosenblatt Securities initiated coverage on Square in a research note on Monday, August 19th. They set a “neutral” rating and a $68.00 target price for the company. Finally, Argus initiated coverage on Square in a research note on Monday, July 8th. They issued a “buy” rating and a $94.00 price objective for the company. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $81.58.

About Square

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.

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Insider Buying and Selling by Quarter for Square (NYSE:SQ)

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