Square Inc (NYSE:SQ) CFO Sarah Friar sold 19,200 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $37.20, for a total transaction of $714,240.00. Following the sale, the chief financial officer now directly owns 355,566 shares of the company’s stock, valued at $13,227,055.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sarah Friar also recently made the following trade(s):

  • On Wednesday, November 22nd, Sarah Friar sold 38,400 shares of Square stock. The stock was sold at an average price of $47.24, for a total transaction of $1,814,016.00.
  • On Friday, October 13th, Sarah Friar sold 38,400 shares of Square stock. The stock was sold at an average price of $32.81, for a total transaction of $1,259,904.00.
  • On Wednesday, September 20th, Sarah Friar sold 19,200 shares of Square stock. The stock was sold at an average price of $28.41, for a total transaction of $545,472.00.
  • On Thursday, September 21st, Sarah Friar sold 38,400 shares of Square stock. The stock was sold at an average price of $28.36, for a total transaction of $1,089,024.00.

Square Inc (SQ) traded up $0.82 during trading on Friday, hitting $37.01. 20,939,400 shares of the stock traded hands, compared to its average volume of 9,380,206. Square Inc has a 12 month low of $13.53 and a 12 month high of $49.56. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.48.

Square (NYSE:SQ) last announced its earnings results on Wednesday, November 8th. The technology company reported $0.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.02. Square had a negative net margin of 3.04% and a negative return on equity of 7.98%. The business had revenue of $257.12 million during the quarter, compared to analysts’ expectations of $244.95 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. The firm’s revenue was up 44.6% on a year-over-year basis. equities research analysts predict that Square Inc will post -0.16 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Makena Capital Management LLC bought a new stake in Square during the second quarter worth $4,561,000. California Public Employees Retirement System raised its position in Square by 10.3% during the second quarter. California Public Employees Retirement System now owns 353,700 shares of the technology company’s stock worth $8,298,000 after acquiring an additional 33,100 shares in the last quarter. Royce & Associates LP raised its position in Square by 55.6% during the second quarter. Royce & Associates LP now owns 235,000 shares of the technology company’s stock worth $5,513,000 after acquiring an additional 84,000 shares in the last quarter. California State Teachers Retirement System raised its position in Square by 285.7% during the second quarter. California State Teachers Retirement System now owns 395,757 shares of the technology company’s stock worth $9,284,000 after acquiring an additional 293,137 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in Square by 2.9% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,190,200 shares of the technology company’s stock worth $74,842,000 after acquiring an additional 90,200 shares in the last quarter. Institutional investors and hedge funds own 54.31% of the company’s stock.

SQ has been the subject of several recent analyst reports. BTIG Research reaffirmed a “neutral” rating on shares of Square in a research note on Thursday, September 7th. Vetr downgraded shares of Square from a “strong-buy” rating to a “buy” rating and set a $30.12 target price for the company. in a research note on Tuesday, September 12th. Bank of America initiated coverage on shares of Square in a research note on Tuesday, September 12th. They issued a “neutral” rating for the company. Cantor Fitzgerald initiated coverage on shares of Square in a research note on Tuesday, September 12th. They issued an “overweight” rating and a $31.00 target price for the company. Finally, Zacks Investment Research raised shares of Square from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Monday, September 25th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-four have issued a buy rating to the company’s stock. Square has a consensus rating of “Buy” and an average target price of $33.88.

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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.

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

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