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

Several research firms have weighed in on SQ. Vetr upgraded Square from a “sell” rating to a “hold” rating and set a $11.50 target price on the stock in a report on Tuesday. Piper Jaffray Cos. reiterated a “neutral” rating and set a $11.50 target price (up from $10.00) on shares of Square in a report on Friday, August 5th. RBC Capital Markets reiterated a “buy” rating on shares of Square in a report on Friday, August 5th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $15.00 target price on shares of Square in a report on Thursday, August 4th. Finally, Wedbush reduced their target price on Square from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Thursday, August 4th. Sixteen equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $12.63.

The company’s market cap is $3.95 billion. The stock’s 50 day moving average price is $10.00 and its 200-day moving average price is $10.93.

Square (NYSE:SQ) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.03. The company earned $439 million during the quarter, compared to analyst estimates of $406.93 million. The business’s revenue for the quarter was up 54.1% compared to the same quarter last year. On average, analysts expect that Square Inc. will post ($0.60) EPS for the current year.

In other news, Director James Morgan Jr. Mckelvey sold 135,000 shares of the stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $9.80, for a total transaction of $1,323,000.00. Following the transaction, the director now owns 200,654 shares of the company’s stock, valued at approximately $1,966,409.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Dana Wagner sold 6,953 shares of the stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of $9.77, for a total transaction of $67,930.81. Following the transaction, the insider now directly owns 271,315 shares in the company, valued at approximately $2,650,747.55. The disclosure for this sale can be found here.

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