Square Inc. (NYSE:SQ) shares were down 1.5% on Monday . The company traded as low as $11.25 and last traded at $11.48, with a volume of 3,585,286 shares trading hands. The stock had previously closed at $11.66.

A number of research analysts have weighed in on SQ shares. Vetr upgraded Square from a “buy” rating to a “strong-buy” rating and set a $16.23 price objective on the stock in a report on Monday, April 18th. Wedbush lowered Square from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $11.00 to $9.00 in a report on Friday, May 6th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a $14.00 price target on shares of Square in a report on Saturday, May 7th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $15.00 price target on shares of Square in a report on Saturday, May 7th. Finally, Morgan Stanley reiterated a “hold” rating on shares of Square in a report on Sunday, May 8th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.60.

The company’s market capitalization is $3.92 billion. The company has a 50-day moving average price of $9.91 and a 200 day moving average price of $10.91.

Square (NYSE:SQ) last released its earnings results on Wednesday, August 3rd. The company reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.03. The business had revenue of $439 million for the quarter, compared to analysts’ expectations of $406.93 million. The company’s revenue was up 54.1% compared to the same quarter last year. On average, analysts predict that Square Inc. will post ($0.60) EPS for the current year.

In other news, CEO Jack Dorsey sold 168,750 shares of the firm’s stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $9.12, for a total value of $1,539,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Dana Wagner sold 50,000 shares of the firm’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $11.29, for a total value of $564,500.00. Following the completion of the transaction, the insider now owns 321,315 shares in the company, valued at $3,627,646.35. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in Square stock. BlackRock Advisors LLC acquired a new position in Square Inc. (NYSE:SQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,440,945 shares of the company’s stock, valued at approximately $18,862,000. BlackRock Advisors LLC owned 0.92% of Square as of its most recent filing with the SEC.

Square, Inc enables payment processing, and also offers financial and marketing services. The Company provides sellers various tools to start, run, manage and grow their businesses. It serves sellers of all sizes, ranging from a single vendor at a farmers’ market to multinational businesses. It serves as a payment service provider, acting as the touch point for the seller to the rest of the payment chain.

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