Bradley Searle Purchases 3,281 Shares of PSQ Holdings, Inc. (NYSE:PSQH) Stock

PSQ Holdings, Inc. (NYSE:PSQH) CFO Bradley Searle purchased 3,281 shares of the stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of $4.10 per share, for a total transaction of $13,452.10. Following the completion of the acquisition, the chief financial officer now directly owns 425,000 shares of the company’s stock, valued at approximately $1,742,500. This trade represents a 0.78 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

PSQ Price Performance

NYSE PSQH opened at $4.32 on Friday. PSQ Holdings, Inc. has a 12 month low of $2.00 and a 12 month high of $7.77. The firm has a market capitalization of $150.16 million, a PE ratio of -3.43 and a beta of 0.17. The company’s 50 day simple moving average is $2.95 and its 200 day simple moving average is $2.98. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.90 and a quick ratio of 1.72.

PSQ (NYSE:PSQH) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.01). The firm had revenue of $6.54 million for 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 quarter last year, the business posted ($0.49) earnings per share. As a group, equities research analysts forecast that PSQ Holdings, Inc. will post -1.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm decreased their target price on shares of PSQ from $5.00 to $3.50 and set a “buy” rating for the company in a research report on Thursday, November 14th.

Institutional Investors Weigh In On PSQ

An institutional investor recently raised its position in PSQ stock. Geode Capital Management LLC raised its holdings in shares of PSQ Holdings, Inc. (NYSE:PSQH) by 28.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 199,185 shares of the company’s stock after buying an additional 44,282 shares during the period. Geode Capital Management LLC owned about 0.63% of PSQ worth $490,000 as of its most recent SEC filing. 17.32% of the stock is owned by institutional investors and hedge funds.

About PSQ

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.