Geode Capital Management LLC Has $490,000 Position in PSQ Holdings, Inc. (NYSE:PSQH)

Geode Capital Management LLC raised its stake in shares of PSQ Holdings, Inc. (NYSE:PSQH) by 28.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 199,185 shares of the company’s stock after purchasing an additional 44,282 shares during the period. Geode Capital Management LLC owned 0.63% of PSQ worth $490,000 as of its most recent SEC filing.

Analyst Ratings Changes

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

Insider Transactions at PSQ

In other PSQ news, Director Kelly Lynn Loeffler purchased 1,203,704 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were purchased at an average price of $2.70 per share, for a total transaction of $3,250,000.80. Following the completion of the purchase, the director now directly owns 1,203,704 shares of the company’s stock, valued at approximately $3,250,000.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have purchased 1,209,235 shares of company stock worth $3,273,465. 32.11% of the stock is currently owned by company insiders.

PSQ Stock Performance

Shares of NYSE PSQH opened at $3.92 on Monday. PSQ Holdings, Inc. has a 12 month low of $2.00 and a 12 month high of $7.77. The company has a market cap of $136.27 million, a P/E ratio of -3.11 and a beta of -0.27. The business’s 50 day moving average is $3.55 and its two-hundred day moving average is $3.10. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 6.46.

PSQ (NYSE:PSQH) last announced its quarterly earnings data 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 company had revenue of $6.54 million during the quarter, compared to analyst estimates of $6.52 million. PSQ had a negative return on equity of 404.92% and a negative net margin of 227.52%. During the same quarter in the previous year, the business posted ($0.49) EPS. On average, equities analysts expect that PSQ Holdings, Inc. will post -1.59 EPS for the current year.

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.