Square Inc (NYSE:SQ) CEO Jack Dorsey sold 381,500 shares of the stock in a transaction that occurred on Tuesday, April 18th. The stock was sold at an average price of $16.96, for a total value of $6,470,240.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jack Dorsey also recently made the following trade(s):

  • On Tuesday, April 4th, Jack Dorsey sold 381,500 shares of Square stock. The stock was sold at an average price of $17.00, for a total value of $6,485,500.00.
  • On Tuesday, March 21st, Jack Dorsey sold 381,500 shares of Square stock. The stock was sold at an average price of $16.80, for a total value of $6,409,200.00.
  • On Tuesday, February 7th, Jack Dorsey sold 381,500 shares of Square stock. The stock was sold at an average price of $14.39, for a total value of $5,489,785.00.
  • On Tuesday, January 24th, Jack Dorsey sold 381,500 shares of Square stock. The stock was sold at an average price of $14.56, for a total value of $5,554,640.00.

Square Inc (NYSE:SQ) traded down 1.36% during trading on Friday, hitting $17.47. The stock had a trading volume of 2,887,838 shares. Square Inc has a 52-week low of $8.42 and a 52-week high of $18.17. The company’s market cap is $6.41 billion. The company has a 50-day moving average price of $16.99 and a 200-day moving average price of $14.32.

Square (NYSE:SQ) last released its quarterly earnings data on Wednesday, February 22nd. The technology company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.05. Square had a negative net margin of 12.55% and a negative return on equity of 31.99%. The business earned $191.90 million during the quarter, compared to the consensus estimate of $450.40 million. During the same quarter in the prior year, the firm earned ($0.34) EPS. The business’s revenue was up 42.7% on a year-over-year basis. Equities research analysts forecast that Square Inc will post ($0.25) EPS for the current year.

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

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SQ has been the subject of several analyst reports. Stephens reissued an “overweight” rating and issued a $19.00 price objective (up from $15.00) on shares of Square in a research note on Wednesday, December 28th. Zacks Investment Research lowered Square from a “buy” rating to a “hold” rating in a report on Thursday, January 5th. Vetr lowered Square from a “strong-buy” rating to a “buy” rating and set a $16.63 target price for the company. in a report on Monday, January 9th. Compass Point upped their target price on Square from $14.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 10th. Finally, Citigroup Inc began coverage on Square in a report on Friday, February 17th. They issued a “buy” rating and a $20.00 target price for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the stock. Square currently has a consensus rating of “Buy” and a consensus price target of $16.88.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SQ. Guggenheim Capital LLC increased its position in Square by 4.0% in the fourth quarter. Guggenheim Capital LLC now owns 18,680 shares of the technology company’s stock valued at $255,000 after buying an additional 727 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Square by 6.7% in the third quarter. PNC Financial Services Group Inc. now owns 15,940 shares of the technology company’s stock valued at $187,000 after buying an additional 1,000 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of Square by 5.7% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 19,810 shares of the technology company’s stock valued at $270,000 after buying an additional 1,070 shares in the last quarter. Pittenger & Anderson Inc. boosted its stake in shares of Square by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 12,500 shares of the technology company’s stock valued at $170,000 after buying an additional 2,500 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Square by 2.2% in the third quarter. First Trust Advisors LP now owns 179,651 shares of the technology company’s stock valued at $2,095,000 after buying an additional 3,917 shares in the last quarter. 24.28% of the stock is owned by institutional investors and hedge funds.

Square Company Profile

Square, Inc (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment.

5 Day Chart for NYSE:SQ

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