Square, Inc. (NYSE:SQ) CFO Sarah Friar sold 38,400 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $28.36, for a total value of $1,089,024.00. Following the transaction, the chief financial officer now owns 366,103 shares of the company’s stock, valued at approximately $10,382,681.08. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, September 20th, Sarah Friar sold 19,200 shares of Square stock. The shares were sold at an average price of $28.41, for a total value of $545,472.00.
  • On Wednesday, August 23rd, Sarah Friar sold 19,200 shares of Square stock. The shares were sold at an average price of $25.54, for a total value of $490,368.00.
  • On Thursday, August 24th, Sarah Friar sold 38,400 shares of Square stock. The shares were sold at an average price of $25.58, for a total value of $982,272.00.
  • On Monday, July 17th, Sarah Friar sold 19,200 shares of Square stock. The shares were sold at an average price of $26.25, for a total value of $504,000.00.
  • On Tuesday, July 18th, Sarah Friar sold 38,400 shares of Square stock. The shares were sold at an average price of $26.39, for a total value of $1,013,376.00.

Square, Inc. (NYSE SQ) traded up 1.23% on Friday, reaching $28.75. The company had a trading volume of 4,838,860 shares. The firm has a 50 day moving average price of $26.00 and a 200-day moving average price of $22.21. Square, Inc. has a 12 month low of $10.88 and a 12 month high of $29.00. The stock’s market capitalization is $11.03 billion.

Square (NYSE:SQ) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported ($0.04) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.01. The business had revenue of $240.00 million for the quarter, compared to the consensus estimate of $228.64 million. Square had a negative return on equity of 12.41% and a negative net margin of 4.13%. The firm’s revenue was up 40.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.08) EPS. Analysts forecast that Square, Inc. will post $0.24 earnings per share for the current fiscal year.

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Several analysts have recently weighed in on the company. Cantor Fitzgerald assumed coverage on Square in a report on Tuesday, September 12th. They issued an “overweight” rating and a $31.00 price objective for the company. Bank of America Corporation assumed coverage on Square in a report on Tuesday, September 12th. They issued a “neutral” rating for the company. Vetr lowered Square from a “strong-buy” rating to a “buy” rating and set a $30.12 price objective for the company. in a report on Tuesday, September 12th. BTIG Research restated a “neutral” rating on shares of Square in a report on Thursday, September 7th. Finally, Wedbush restated a “neutral” rating and issued a $28.00 price objective on shares of Square in a report on Wednesday, August 9th. Twelve equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. Square presently has an average rating of “Buy” and a consensus target price of $24.87.

A number of institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its stake in Square by 0.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 10,150 shares of the technology company’s stock worth $175,000 after buying an additional 30 shares during the period. Raymond James Trust N.A. raised its stake in Square by 1.3% during the 2nd quarter. Raymond James Trust N.A. now owns 15,193 shares of the technology company’s stock worth $357,000 after buying an additional 193 shares during the period. Neuberger Berman Group LLC raised its stake in Square by 2.1% during the 2nd quarter. Neuberger Berman Group LLC now owns 10,212 shares of the technology company’s stock worth $240,000 after buying an additional 212 shares during the period. Stifel Financial Corp raised its stake in Square by 1.8% during the 1st quarter. Stifel Financial Corp now owns 26,635 shares of the technology company’s stock worth $461,000 after buying an additional 473 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in Square by 1.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 46,166 shares of the technology company’s stock worth $1,084,000 after buying an additional 513 shares during the period. 82.00% of the stock is currently owned by institutional investors and hedge funds.

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)

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