Capital Investment Counsel Inc Makes New Investment in PSQ Holdings, Inc. (NYSE:PSQH)

Capital Investment Counsel Inc acquired a new stake in PSQ Holdings, Inc. (NYSE:PSQH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 11,430 shares of the company’s stock, valued at approximately $60,000.

Several other large investors have also modified their holdings of PSQH. AE Wealth Management LLC acquired a new stake in shares of PSQ during the third quarter worth about $195,000. Sage Mountain Advisors LLC purchased a new stake in PSQ during the 3rd quarter valued at approximately $657,000. PNC Financial Services Group Inc. acquired a new stake in PSQ during the 3rd quarter worth approximately $27,000. Mariner LLC acquired a new position in shares of PSQ in the third quarter valued at approximately $1,571,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of PSQ during the third quarter worth approximately $12,713,000. 17.32% of the stock is owned by institutional investors and hedge funds.

PSQ Price Performance

NYSE PSQH opened at $4.20 on Tuesday. PSQ Holdings, Inc. has a 52-week low of $3.66 and a 52-week high of $35.57. The firm has a 50-day moving average price of $4.68 and a 200 day moving average price of $5.22.

PSQ (NYSE:PSQH) last released its earnings results on Thursday, March 14th. The company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.07. The business had revenue of $2.75 million for the quarter, compared to analyst estimates of $2.47 million. On average, analysts predict that PSQ Holdings, Inc. will post -0.73 EPS for the current year.

PSQ Company Profile

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.