Square, Inc. (NYSE:SQ) CEO Jack Dorsey sold 103,035 shares of Square stock in a transaction on Wednesday, October 17th. The shares were sold at an average price of $77.30, for a total transaction of $7,964,605.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Wednesday, October 10th, Jack Dorsey sold 103,035 shares of Square stock. The shares were sold at an average price of $80.38, for a total transaction of $8,281,953.30.
  • On Wednesday, October 3rd, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $97.67, for a total transaction of $10,063,428.45.
  • On Wednesday, September 26th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $95.28, for a total transaction of $9,817,174.80.
  • On Wednesday, September 19th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $87.31, for a total transaction of $8,995,985.85.
  • On Wednesday, September 12th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $90.40, for a total transaction of $9,314,364.00.
  • On Wednesday, September 5th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $89.71, for a total transaction of $9,243,269.85.
  • On Wednesday, August 29th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $83.85, for a total transaction of $8,639,484.75.
  • On Wednesday, August 22nd, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $76.02, for a total transaction of $7,832,720.70.
  • On Wednesday, August 15th, Jack Dorsey sold 103,035 shares of Square stock. The stock was sold at an average price of $73.93, for a total transaction of $7,617,377.55.

Shares of NYSE SQ opened at $74.07 on Monday. Square, Inc. has a 12-month low of $32.20 and a 12-month high of $101.15. The stock has a market capitalization of $30.40 billion, a price-to-earnings ratio of -740.70 and a beta of 4.34. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.99.

Square (NYSE:SQ) last announced its quarterly earnings results on Wednesday, August 1st. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.14. Square had a negative net margin of 2.30% and a negative return on equity of 3.18%. The company had revenue of $385.00 million for the quarter, compared to the consensus estimate of $367.99 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. The company’s revenue for the quarter was up 60.4% compared to the same quarter last year. On average, equities analysts predict that Square, Inc. will post -0.04 EPS for the current fiscal year.

A number of research analysts have recently issued reports on SQ shares. ValuEngine upgraded shares of Square from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 2nd. Wolfe Research initiated coverage on shares of Square in a research note on Tuesday, July 17th. They set a “market perform” rating on the stock. Deutsche Bank upped their target price on shares of Square from $57.00 to $78.00 and gave the stock a “buy” rating in a research report on Tuesday, July 24th. SunTrust Banks upped their target price on shares of Square from $45.00 to $66.00 and gave the stock a “hold” rating in a research report on Friday, June 29th. Finally, Stifel Nicolaus upped their target price on shares of Square from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, July 31st. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $72.64.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Boston Family Office LLC purchased a new position in shares of Square during the second quarter valued at approximately $341,000. Cognios Capital LLC lifted its stake in shares of Square by 18.2% during the second quarter. Cognios Capital LLC now owns 24,549 shares of the technology company’s stock valued at $1,513,000 after buying an additional 3,779 shares during the period. Brighton Jones LLC lifted its stake in shares of Square by 39.1% during the second quarter. Brighton Jones LLC now owns 11,572 shares of the technology company’s stock valued at $713,000 after buying an additional 3,251 shares during the period. CIBC Asset Management Inc lifted its stake in shares of Square by 12.2% during the second quarter. CIBC Asset Management Inc now owns 14,046 shares of the technology company’s stock valued at $866,000 after buying an additional 1,525 shares during the period. Finally, ING Groep NV purchased a new position in shares of Square during the second quarter valued at approximately $200,000. 51.86% of the stock is currently owned by institutional investors.

Square Company Profile

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.

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

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