Investors Purchase Large Volume of PSQ Call Options (NYSE:PSQH)

PSQ Holdings, Inc. (NYSE:PSQH - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Stock investors acquired 2,739 call options on the company. This represents an increase of approximately 118% compared to the average daily volume of 1,258 call options.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Wall Street Zen upgraded shares of PSQ from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Roth Mkm decreased their target price on shares of PSQ from $5.00 to $4.00 and set a "buy" rating for the company in a research report on Thursday, March 20th.

Insider Buying and Selling

In other news, Director Willie Langston bought 27,000 shares of the stock in a transaction on Tuesday, May 20th. The stock was purchased at an average cost of $1.95 per share, with a total value of $52,650.00. Following the purchase, the director now owns 274,776 shares of the company's stock, valued at approximately $535,813.20. The trade was a 10.90% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 22.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PSQH. Man Group plc bought a new position in PSQ in the fourth quarter valued at approximately $77,000. Toronto Dominion Bank bought a new position in shares of PSQ during the 4th quarter worth approximately $91,000. Squarepoint Ops LLC bought a new position in shares of PSQ in the 4th quarter valued at about $109,000. Leavell Investment Management Inc. acquired a new stake in shares of PSQ in the fourth quarter valued at about $189,000. Finally, XTX Topco Ltd bought a new position in PSQ in the first quarter valued at approximately $98,000. 17.32% of the stock is owned by institutional investors.

PSQ Stock Up 0.2%

NYSE:PSQH traded up $0.01 during mid-day trading on Thursday, reaching $2.37. The stock had a trading volume of 1,361,068 shares, compared to its average volume of 1,491,989. The stock has a market cap of $101.49 million, a P/E ratio of -1.88 and a beta of -0.10. PSQ has a fifty-two week low of $1.63 and a fifty-two week high of $7.77. The business's 50 day moving average is $2.01 and its 200 day moving average is $2.99. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.30) by $0.06. The business had revenue of $6.75 million for the quarter, compared to the consensus estimate of $7.46 million. PSQ had a negative net margin of 227.52% and a negative return on equity of 404.92%. As a group, sell-side analysts predict that PSQ will post -1.54 earnings per share for the current year.

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.