PSQ Holdings, Inc. (NYSE:PSQH) CFO Buys $13,452.10 in Stock

PSQ Holdings, Inc. (NYSE:PSQH) CFO Bradley Searle acquired 3,281 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were bought at an average price of $4.10 per share, for a total transaction of $13,452.10. Following the acquisition, the chief financial officer now owns 425,000 shares in the company, valued at approximately $1,742,500. This trade represents a 0.78 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

PSQ Price Performance

PSQH opened at $4.32 on Friday. PSQ Holdings, Inc. has a 12-month low of $2.00 and a 12-month high of $7.77. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 6.46. The firm has a market capitalization of $150.16 million, a P/E ratio of -3.43 and a beta of 0.17. The stock has a fifty day moving average of $2.95 and a 200-day moving average of $2.98.

PSQ (NYSE:PSQH) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.01). The business had revenue of $6.54 million for the quarter, compared to analyst estimates of $6.52 million. PSQ had a negative return on equity of 404.92% and a negative net margin of 227.52%. During the same quarter in the previous year, the business posted ($0.49) earnings per share. Equities analysts forecast that PSQ Holdings, Inc. will post -1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in PSQ stock. Geode Capital Management LLC boosted its position in shares of PSQ Holdings, Inc. (NYSE:PSQH) by 28.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 199,185 shares of the company’s stock after purchasing an additional 44,282 shares during the period. Geode Capital Management LLC owned 0.63% of PSQ worth $490,000 at the end of the most recent reporting period. 17.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Roth Mkm dropped their target price on shares of PSQ from $5.00 to $3.50 and set a “buy” rating on the stock in a research report on Thursday, November 14th.

About PSQ

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.