Square Inc (NYSE:SQ) CEO Jack Dorsey sold 381,500 shares of the company’s 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 document filed with the SEC, which is available at 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 shares were 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 shares were 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 shares were sold at an average price of $14.56, for a total value of $5,554,640.00.

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

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

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

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

A number of brokerages recently commented on SQ. Zacks Investment Research upgraded Square from a “hold” rating to a “strong-buy” rating and set a $20.00 target price for the company in a research note on Tuesday, February 28th. Vetr lowered Square from a “strong-buy” rating to a “buy” rating and set a $19.66 target price for the company. in a research note on Thursday. Canaccord Genuity restated a “hold” rating and issued a $16.00 target price on shares of Square in a research note on Wednesday, March 1st. Mizuho restated a “buy” rating on shares of Square in a research note on Monday, March 20th. Finally, BTIG Research restated a “buy” rating and issued a $20.00 target price on shares of Square in a research note on Tuesday, March 28th. One investment 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 issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $16.88.

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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