Square Inc (SQ) CFO Sells $1,590,912.00 in Stock

Square Inc (NYSE:SQ) CFO Sarah Friar sold 38,400 shares of Square stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $41.43, for a total value of $1,590,912.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Friday, January 19th, Sarah Friar sold 38,400 shares of Square stock. The stock was sold at an average price of $41.46, for a total value of $1,592,064.00.
  • On Wednesday, December 13th, Sarah Friar sold 19,200 shares of Square stock. The stock was sold at an average price of $37.20, for a total value of $714,240.00.
  • 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 value of $1,814,016.00.

Square Inc (SQ) traded up $2.44 during trading on Thursday, hitting $44.29. The company had a trading volume of 19,619,306 shares, compared to its average volume of 16,010,000. 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 Inc has a 12-month low of $13.84 and a 12-month high of $49.56. The stock has a market capitalization of $17,210.00 and a P/E ratio of -260.53.

Several research analysts have weighed in on SQ shares. Vetr downgraded Square from a “buy” rating to a “hold” rating and set a $45.60 target price on the stock. in a research note on Monday, November 20th. Cantor Fitzgerald lifted their target price on Square to $41.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. Oppenheimer reiterated a “buy” rating on shares of Square in a research note on Monday, November 20th. Evercore ISI upgraded Square from an “in-line” rating to an “outperform” rating and set a $51.00 target price on the stock in a research note on Friday, November 17th. Finally, Zacks Investment Research downgraded Square from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $37.13.

Institutional investors have recently bought and sold shares of the stock. Atlantic Trust Group LLC purchased a new stake in shares of Square in the third quarter valued at approximately $1,143,000. Schwab Charles Investment Management Inc. boosted its position in Square by 1,407.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 696,007 shares of the technology company’s stock worth $20,052,000 after purchasing an additional 649,841 shares in the last quarter. California Public Employees Retirement System boosted its position in Square by 4.1% during the third quarter. California Public Employees Retirement System now owns 368,151 shares of the technology company’s stock worth $10,606,000 after purchasing an additional 14,451 shares in the last quarter. Kessler Investment Group LLC boosted its position in Square by 133.1% during the fourth quarter. Kessler Investment Group LLC now owns 11,725 shares of the technology company’s stock worth $407,000 after purchasing an additional 6,695 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. purchased a new stake in Square during the third quarter worth $36,574,000. Hedge funds and other institutional investors own 53.77% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Square Inc (SQ) CFO Sells $1,590,912.00 in Stock” was posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.thelincolnianonline.com/2018/02/15/square-inc-sq-cfo-sells-1590912-00-in-stock.html.

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)

Receive News & Ratings for Square Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Square and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply