Key Points
- PSQ CEO Michael Stephen Seifert bought 7,143 shares on Nov. 26 at $1.40 each (~$10,000), raising his direct holdings to 133,955 shares — a 5.63% increase.
- On Nov. 13 he sold 4,814 and 7,938 shares (total 12,752 shares) at about $1.55 each, showing recent mixed insider trading activity.
- PSQ is a sub-$2 stock with negative earnings (Q miss: -$0.22 EPS), a market cap of ~ $58M, and a consensus rating of Moderate Buy with a $5.17 target despite weak margins.
PSQ Holdings, Inc. (NYSE:PSQH - Get Free Report) CEO Michael Stephen Seifert bought 7,143 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average price of $1.40 per share, with a total value of $10,000.20. Following the completion of the purchase, the chief executive officer directly owned 133,955 shares of the company's stock, valued at approximately $187,537. This represents a 5.63% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Michael Stephen Seifert also recently made the following trade(s):
- On Thursday, November 13th, Michael Stephen Seifert sold 4,814 shares of PSQ stock. The stock was sold at an average price of $1.55, for a total value of $7,461.70.
- On Thursday, November 13th, Michael Stephen Seifert sold 7,938 shares of PSQ stock. The shares were sold at an average price of $1.55, for a total value of $12,303.90.
PSQ Price Performance
Shares of NYSE PSQH opened at $1.26 on Tuesday. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 1.91. PSQ Holdings, Inc. has a fifty-two week low of $1.23 and a fifty-two week high of $7.77. The business has a 50 day moving average price of $1.89 and a two-hundred day moving average price of $2.00. The firm has a market cap of $58.03 million, a PE ratio of -1.05 and a beta of 0.04.
PSQ (NYSE:PSQH - Get Free Report) last released its earnings results on Thursday, November 6th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $3.86 million. Sell-side analysts expect that PSQ Holdings, Inc. will post -1.54 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Roth Capital reissued a "buy" rating and set a $3.50 price objective on shares of PSQ in a report on Thursday, October 30th. Weiss Ratings reiterated a "sell (e+)" rating on shares of PSQ in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered PSQ from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $5.17.
Read Our Latest Report on PSQH
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. CIBC Bancorp USA Inc. bought a new stake in shares of PSQ during the 3rd quarter valued at about $341,000. Harvest Investment Services LLC boosted its stake in PSQ by 1.8% in the third quarter. Harvest Investment Services LLC now owns 652,294 shares of the company's stock valued at $1,246,000 after acquiring an additional 11,412 shares during the period. Alyeska Investment Group L.P. grew its holdings in shares of PSQ by 0.6% during the third quarter. Alyeska Investment Group L.P. now owns 2,368,764 shares of the company's stock valued at $4,524,000 after purchasing an additional 14,525 shares during the last quarter. Centiva Capital LP bought a new position in shares of PSQ during the third quarter valued at approximately $34,000. Finally, Bridgeway Capital Management LLC raised its position in shares of PSQ by 45.5% during the 3rd quarter. Bridgeway Capital Management LLC now owns 32,000 shares of the company's stock worth $61,000 after purchasing an additional 10,000 shares during the period. 17.32% of the stock is currently owned by institutional investors.
PSQ Company Profile
(
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.
See Also
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