Key Points
- Insider Michael Robert Hebert bought 9,400 shares of PSQ at $1.61 on Nov. 14, bringing his holdings to 252,876 shares (a 3.86% increase), after having sold 23,310 shares at $1.55 on Nov. 13.
- PSQ is a small-cap (~$69.1M) with weak fundamentals — recent quarterly EPS of ($0.22) missed estimates and the company shows deeply negative margins and ROE — yet analysts hold a “Moderate Buy” consensus with an average target of $5.17.
PSQ Holdings, Inc. (NYSE:PSQH - Get Free Report) insider Michael Robert Hebert purchased 9,400 shares of PSQ stock in a transaction on Friday, November 14th. The stock was purchased at an average price of $1.61 per share, for a total transaction of $15,134.00. Following the completion of the transaction, the insider owned 252,876 shares of the company's stock, valued at approximately $407,130.36. This represents a 3.86% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Michael Robert Hebert also recently made the following trade(s):
- On Thursday, November 13th, Michael Robert Hebert sold 23,310 shares of PSQ stock. The stock was sold at an average price of $1.55, for a total transaction of $36,130.50.
PSQ Stock Performance
NYSE:PSQH opened at $1.50 on Tuesday. The stock has a market capitalization of $69.13 million, a P/E ratio of -1.25 and a beta of 0.01. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 1.91. PSQ Holdings, Inc. has a 1 year low of $1.42 and a 1 year high of $7.77. The firm has a 50 day moving average of $2.04 and a 200-day moving average of $2.04.
PSQ (NYSE:PSQH - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.06). PSQ had a negative net margin of 178.95% and a negative return on equity of 184.74%. The business had revenue of $4.40 million for the quarter, compared to analyst estimates of $3.86 million. As a group, sell-side analysts anticipate that PSQ Holdings, Inc. will post -1.54 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Roth Capital restated a "buy" rating and issued a $3.50 price objective on shares of PSQ in a research report on Thursday, October 30th. Wall Street Zen downgraded shares of PSQ from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of PSQ in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, PSQ currently has an average rating of "Moderate Buy" and an average target price of $5.17.
Check Out Our Latest Report on PSQH
Institutional Trading of PSQ
A number of large investors have recently bought and sold shares of PSQH. SBI Securities Co. Ltd. raised its holdings in PSQ by 83.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 12,390 shares of the company's stock worth $25,000 after buying an additional 5,631 shares during the period. Concurrent Investment Advisors LLC bought a new stake in shares of PSQ during the second quarter worth $25,000. Coppell Advisory Solutions LLC bought a new stake in shares of PSQ during the second quarter worth $27,000. Centiva Capital LP acquired a new stake in shares of PSQ during the third quarter worth $34,000. Finally, Shay Capital LLC lifted its position in PSQ by 46.1% in the 2nd quarter. Shay Capital LLC now owns 28,516 shares of the company's stock valued at $58,000 after acquiring an additional 9,001 shares in the last quarter. 17.32% of the stock is owned by institutional investors.
About PSQ
(
Get Free Report)
PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
