PSQ Holdings, Inc. (NYSE:PSQH) CEO Buys $10,012.50 in Stock

PSQ Holdings, Inc. (NYSE:PSQH) CEO Michael Stephen Seifert acquired 2,250 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of $4.45 per share, with a total value of $10,012.50. Following the transaction, the chief executive officer now directly owns 2,250 shares in the company, valued at $10,012.50. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

PSQ Stock Down 0.7 %

PSQH traded down $0.03 on Tuesday, hitting $4.47. 230,062 shares of the company were exchanged, compared to its average volume of 1,077,854. The firm has a 50-day moving average price of $2.80 and a two-hundred day moving average price of $2.96. The company has a current ratio of 1.90, a quick ratio of 1.72 and a debt-to-equity ratio of 6.46. PSQ Holdings, Inc. has a twelve month low of $2.00 and a twelve month high of $7.77. The company has a market cap of $155.38 million, a price-to-earnings ratio of -3.55 and a beta of 0.17.

PSQ (NYSE:PSQH) last issued its earnings results on Tuesday, November 12th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.01). The firm had revenue of $6.54 million during the quarter, compared to analyst estimates of $6.52 million. PSQ had a negative net margin of 227.52% and a negative return on equity of 404.92%. During the same period last year, the business earned ($0.49) EPS. On average, equities analysts predict that PSQ Holdings, Inc. will post -1.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Roth Mkm cut their price objective on PSQ from $5.00 to $3.50 and set a “buy” rating on the stock in a report on Thursday, November 14th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PSQ stock. Geode Capital Management LLC boosted its position in PSQ Holdings, Inc. (NYSE:PSQH) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 199,185 shares of the company’s stock after buying an additional 44,282 shares during the period. Geode Capital Management LLC owned approximately 0.63% of PSQ worth $490,000 as of its most recent SEC filing. Institutional investors own 17.32% of the company’s stock.

PSQ Company Profile

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.