Square Inc (NYSE:SQ) insider Ajmere Dale sold 2,814 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $37.23, for a total value of $104,765.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Ajmere Dale also recently made the following trade(s):

  • On Friday, November 10th, Ajmere Dale sold 17,446 shares of Square stock. The shares were sold at an average price of $38.98, for a total value of $680,045.08.
  • On Monday, November 13th, Ajmere Dale sold 20,286 shares of Square stock. The shares were sold at an average price of $39.12, for a total value of $793,588.32.

Shares of Square Inc (NYSE:SQ) opened at $38.73 on Friday. Square Inc has a 12-month low of $13.53 and a 12-month high of $49.56. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.81 and a current ratio of 1.81.

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

A number of research firms recently commented on SQ. BTIG Research cut Square from a “neutral” rating to a “sell” rating and upped their price objective for the company from $12.38 to $30.00 in a report on Monday, November 27th. Vetr upgraded Square from a “hold” rating to a “buy” rating and set a $51.38 price objective on the stock in a report on Thursday, November 23rd. Wells Fargo & Company began coverage on Square in a report on Tuesday, November 21st. They issued a “market perform” rating and a $42.00 price objective on the stock. Oppenheimer restated a “buy” rating on shares of Square in a research note on Monday, November 20th. Finally, Credit Suisse Group restated a “positive” rating and set a $37.00 price target (up from $31.00) on shares of Square in a research note on Monday, November 20th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $33.82.

Institutional investors have recently bought and sold shares of the company. Almanack Investment Partners LLC. purchased a new position in Square in the second quarter valued at $117,000. Riverhead Capital Management LLC purchased a new position in Square in the second quarter valued at $149,000. Hudock Capital Group LLC purchased a new position in Square in the third quarter valued at $157,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Square by 19.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,752 shares of the technology company’s stock valued at $158,000 after buying an additional 1,099 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in Square by 42.2% in the second quarter. Pacer Advisors Inc. now owns 8,368 shares of the technology company’s stock valued at $196,000 after buying an additional 2,485 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

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About Square

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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