“Cut-to-the-Chase” Recommendations
- Week Beginning -
Monday, February 26, 2018

by Ian Harvey

IMPORTANT NOTE: There is no stop-loss or pre-determined sell price recommended – this is left to the discretion of the individual trader.


Option Trade - - JD.Com Inc. (ADR) (NASDAQ:JD) Calls

Wednesday, March 01, 2018

** OPTION TRADE: Buy JD APRIL 20 2018 50.000 CALL at approximately $1.70 each. Sell price is left to your own judgment.

Chinese e-commerce giant JD.Com Inc. (ADR) (NASDAQ:JD) will report earnings tomorrow, Friday, March 2, 2018, before the market opens. The consensus earnings estimate is $0.07 per share on revenue of $16.33 billion. Earnings Whisper number is $0.10 per share. Consensus estimates are for year-over-year earnings growth of 138.89% with revenue increasing by 41.28%.

2017 has proven to be a solid year for JD.Com investors with the stock up nearly 60 percent.

Short interest has decreased by 14.1% since the company's last earnings release while the stock has drifted higher by 15.2% from its open following the earnings release to be 16.0% above its 200 day moving average of $41.69. Overall earnings estimates have been revised higher since the company's last earnings release.

KeyBanc Capital Markets' Hans Chung maintains an Overweight rating on JD.com's stock with an unchanged $56 price target and says that JD is likely to report a revenue beat in Q4.

Also investment analysts at KeyCorp raised their Q3 2018 earnings estimates for shares of JD.Com in a research report issued on Monday. KeyCorp analyst H. Chung now anticipates that the information services provider will post earnings per share of $0.22 for the quarter, up from their previous estimate of $0.17. KeyCorp also issued estimates for JD.Com’s Q1 2019 earnings at $0.30 EPS, Q2 2019 earnings at $0.15 EPS, Q3 2019 earnings at $0.41 EPS and Q4 2019 earnings at $0.20 EPS.

Influencing Factors

JD has launched a new effort to accelerate the advancement of artificial intelligence and blockchain technology.

The new business accelerator, called AI Catapult, will partner with blockchain startups to develop and test applications and build new businesses, JD.com announced. JD already has an AI development program, which has focused on drones, robotics, automated machinery and supply chain technology. JD is also using blockchain technology for product and food safety.

China is without any doubt the largest eCommerce market in the world with the two biggest players being Alibaba Group Holding Ltd and JD.Com.

Stifel's Scott Devitt resumed coverage of JD's stock with a Buy rating and $48 price target and reaffirmed Alibaba's stock with a Buy rating with an unchanged $210 price target.

The Chinese eCommerce market is expected to exceed $1 trillion worth of sales by 2019, which bodes well for JD.com, Devitt said in a note. JD is "well-managed and well-positioned leaders" and managed to effectively Amazon.com, Inc. from flexing its muscles in China.

JD is well structured with a controlled logistics and a business model that shifted from first-party towards a hybrid first-party/third party model, the analyst said. This should help the company triple its market share from 6 percent in 2013 to 18 percent by the end of 2017. Moreover, third-party sales should exceed 50 percent of the company's total gross merchandise volume in the next few years that would generate a boost in operating margin.

"We have taken a stance within our coverage of favoring global eCommerce stocks over U.S. online media stocks due to various factors, including the recent focus on media's possible negative impact on society," Devitt said. "We expect JD to continue to gain share of the retail market it serves for years to come, generating excess stock returns."

Analysts and Hedge Funds Opinions

MKM Partners’ Rob Sanderson maintains a Buy rating on JD’s stock with an unchanged $51 price target.

They commented that “JD should be able to benefit from the large number of Chinese consumers who prefer JD's direct-seller business model and the overall Chinese e-commerce space is certainly large enough to support more than one player.”

"We think that the clean Q3 should ease competitive concerns somewhat, but this will still be an overhang on the stock until Q4 dynamics and impact to the financials are better understood," the analyst said. “We do think this should be enough for the stock to regain the post-Q2 recovery levels in the mid-$40 range."

Several other analysts have also recently commented on the company…..

  • Vetr raised shares of JD.Com from a “hold” rating to a “buy” rating and set a $51.92 target price on the stock in a report on Tuesday, January 30th.
  • Zacks Investment Research raised JD.Com from a “hold” rating to a “strong-buy” rating and set a $50.00 target price on the stock in a research report on Wednesday, February 14th.
  • Sanford C. Bernstein reaffirmed a “market perform” rating and set a $47.00 target price (up previously from $40.00) on shares of JD.Com in a research note on Wednesday, January 31st.
  • BidaskClub upgraded shares of JD.Com from a “sell” rating to a “hold” rating in a report on Thursday, December 21st.
  • Finally, Wells Fargo & Co lifted their price target on shares of JD.Com from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, November 14th.

Four equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $51.70.

Institutional investors that have recently made a change to their positions in the stock….

  • Virginia Retirement Systems ET AL now owns 27,400 shares of the information services provider’s stock valued at $1,047,000 after acquiring an additional 1,300 shares in the last quarter.
  • CIBC World Markets Inc. purchased a new stake in JD.Com during the fourth quarter. The institutional investor purchased 50,284 shares of the information services provider’s stock, valued at approximately $2,083,000.
  • BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in JD.Com by 0.9% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 149,300 shares of the information services provider’s stock worth $5,703,000 after buying an additional 1,400 shares in the last quarter.
  • Finally, QS Investors LLC lifted its stake in shares of JD.Com by 5.7% in the 4th quarter. QS Investors LLC now owns 31,400 shares of the information services provider’s stock valued at $1,301,000 after purchasing an additional 1,700 shares during the period.

Summary

JD.Com has a debt-to-equity ratio of 0.30, a current ratio of 1.12 and a quick ratio of 0.79. JD.Com has a twelve month low of $29.88 and a twelve month high of $50.68. The stock has a market capitalization of $67,860.00, a P/E ratio of -679.55 and a beta of 1.52.


Option Trade - - T-Mobile US Inc (NASDAQ:TMUS) Calls

Wednesday, February 28, 2018

** OPTION TRADE: Buy TMUS APRIL 20 2018 62.500 CALL at approximately $1.60 each. Sell price is left to your own judgment.

T-Mobile US Inc (NASDAQ:TMUS), a provider of mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands, and is the third-largest wireless carrier in the US. The company is easily outpacing competitors, capturing most of the industry growth since 2013.

This is due to:

1) a greatly improved network, and

2) targeted marketing for under-served urban and rural areas.

Oppenheimer analyst Timothy Horan sees no signs of growth slowing down. On the contrary: “T-Mobile’s revenue margin expansion, coupled with ongoing subscriber momentum, supports our Outperform rating. TMUS is expanding geographically and is aiming to aggressively deploy its 600 MHz spectrum for increased coverage/capacity.”

This aggressive expansion should mean significant cash flow generation for TMUS — and a corresponding rise in share prices. Horan has high hopes that these share gains and lower churn will drive core EBITDA growth of 10%+ per year. As a result, this five-star analyst has a $75 price target on the stock (25% upside potential).

Equities researchers at William Blair issued their Q1 2018 EPS estimates for T-Mobile US in a note issued to investors on Thursday. William Blair analyst J. Breen expects that the Wireless communications provider will post earnings per share of $0.77 for the quarter. William Blair also issued estimates for T-Mobile US’s Q2 2018 earnings at $0.83 EPS, Q3 2018 earnings at $0.88 EPS, Q4 2018 earnings at $0.58 EPS and FY2018 earnings at $3.06 EPS.

Influencing Factors

The company has branded itself as the "Un-carrier" and has worked to remove consumer pain points. This has included everything from getting rid of overages, to dropping contracts, moving to only selling unlimited plans, and even including all taxes and fees in its advertised prices.

It has clearly worked. T-Mobile added more than 39 million customers in the past five years, doubling its size. CEO John Legere has served as lead cheerleader and spokesman for the company, never passing up an opportunity to celebrate his success.

"Wow-what a way to cap off 2017! Record financial results across the board and over 5 million customers added for the fourth year in a row," he said in the Q4 earnings release. "We made incredible progress in 2017 building out our network and retail footprint to set ourselves up for future growth. Our business is clearly firing on all cylinders and our strong guidance for 2018 shows that we have no plans of letting up!"

For the past few quarters, T-Mobile (TMUS) has been managing to beat Wall Street analysts’ EPS (earnings per share) estimates. T-Mobile delivered another solid quarter in 4Q17, showing strong subscriber and adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) growth. The company gained approximately 1.1 million net postpaid customers, including 891,000 postpaid phone customer net additions. The company also added 149,000 prepaid customers.

T-Mobile’s earnings grew significantly YoY (year-over-year) in 4Q17. T-Mobile’s earnings were ~64.9% higher than what Wall Street analysts had anticipated for 4Q17. T-Mobile’s adjusted EPS grew ~35.6% YoY to reach $0.61 in 4Q17 on the exclusion of tax benefits during the quarter.

The growth in T-Mobile’s service revenues was primarily due to the expansion of its customer base and the success of its UN-Carrier plan initiatives and its MetroPCS prepaid brand.

The strong momentum at T-Mobile showed no signs of slowing down, with 891,000 postpaid phone customer net additions in 4Q17, just down from 933,000 in 4Q16 but up from 595,000 in 3Q17.

This sequential growth was primarily driven by the strong market acceptance of T-Mobile’s UN-Carrier plan initiatives and promotional activities, while the YoY (year-over-year) decline was primarily due to the increased competitive intensity in the industry. T-Mobile reported its 16th-straight quarter of industry leadership in postpaid phone customer net additions.

T-Mobile US announced that its board has initiated a stock buyback program on Wednesday, December 6th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the Wireless communications provider to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Analysts and Hedge Funds Opinions

Analyst Ric Prentiss of Raymond James upgraded the stock to Strong Buy from Market Outperform, reiterating a $76 price target, implying 28% upside.

“The company opened 1,500 T-Mobile-branded stores last year, along with 1,300 MetroPCS stores -- and while many of the stores were in legacy markets, it's now continuing into "greenfield" markets,” he says.

“That translates into a growing retail presence that should come with significant cash flow generation,” he writes.

Several other analysts have also recently commented on the company…..

  • T-Mobile was upgraded by equities research analysts at UBS Group from an “outperform” rating to a “strong-buy” rating in a report issued on Friday, February 9th
  • KeyCorp reissued a “buy” rating and set a $76.00 price target on shares of T-Mobile US in a report on Tuesday, January 2nd.
  • Deutsche Bank increased their price target on shares of T-Mobile US to $72.00 and gave the stock a “buy” rating in a report on Monday, December 11th.
  • Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating in a report on Monday, November 27th.
  • Finally, HSBC raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, November 21st.

Data shows that TMUS scores straight A’s from the Street. Including Horan, nine analysts have published TMUS Buy ratings in the last three months. Moreover, the average analyst price target of $74 indicates big upside potential of almost 24%.

As of February 22, 2018, 29 analysts from various brokerage firms have been actively tracking T-Mobile (TMUS) stock. It’s worth noting that among these 29 analysts, 25 rated the stock as a “buy,” while three rated the stock as a “hold,” and one rated the stock as a “sell.”

Institutional investors that have recently made a change to their positions in the stock….

  • T-Mobile major shareholder Telekom Holding B.V. Deutsche bought 190,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was bought at an average price of $60.64 per share, for a total transaction of $11,521,600.00. Following the completion of the acquisition, the insider now directly owns 537,181,077 shares in the company, valued at $32,574,660,509.28.
  • Alliancebernstein L.P. grew its stake in T-Mobile US by 14.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,666,001 shares of the Wireless communications provider’s stock valued at $486,868,000 after purchasing an additional 962,182 shares in the last quarter.
  • Carmignac Gestion grew its stake in T-Mobile US by 32.1% in the third quarter. Carmignac Gestion now owns 5,844,199 shares of the Wireless communications provider’s stock valued at $360,353,000 after purchasing an additional 1,419,024 shares in the last quarter.
  • Tybourne Capital Management HK Ltd. purchased a new position in T-Mobile US in the fourth quarter valued at about $272,331,000.

 Insider News……

Major shareholder Telekom Holding B.V. Deutsche bought 190,000 shares of T-Mobile US stock in a transaction dated Monday, February 26th. The stock was acquired at an average cost of $60.64 per share, for a total transaction of $11,521,600.00. Following the completion of the transaction, the insider now directly owns 537,181,077 shares of the company’s stock, valued at $32,574,660,509.28.

Summary

T-Mobile US has a twelve month low of $54.60 and a twelve month high of $68.88. The stock has a market cap of $52,210.00, a price-to-earnings ratio of 11.53, a P/E/G ratio of 0.71 and a beta of 0.30. The company has a current ratio of 0.77, a quick ratio of 0.64 and a debt-to-equity ratio of 1.30.


Option Trade - - Etsy Inc. (NASDAQ:ETSY) Calls

Tuesday, February 27, 2018

** OPTION TRADE: Buy ETSY APRIL 20 2018 22.500 CALL at approximately $1.00 each. Sell price is left to your own judgment.

Etsy Inc. (NASDAQ:ETSY), operating a marketplace where people around the world connect, both online and offline, to make, sell and buy goods, is expected to report Q4 results after the market closes today, Tuesday 27 February. The consensus estimate looks for per-share profit of 9 cents, vs. a year-ago loss of 19 cents a share, with revenue up 21% to $133 million.

Etsy struggled through 2017. The company experienced two waves of layoffs and a change in its CEO after activist investors sensed the need for a shakeup. The moves seem to have worked, as the stock has risen 82% since May when activist investors like Black-and-White Capital first acquired a stake.

And it is expected that the stock will continue moving higher through January in anticipation of the company's fourth-quarter earnings report.

This year the company has provided tools for its merchants to help shoppers find gifts or items on sale and get fast or free delivery. Holiday sales experienced their biggest spike since 2011 for ETSY and that online sales were up 18% during the period, according to Mastercard's ShopperTrak.

That's a bullish sign for Etsy to top estimates in the key holiday-quarter report coming up.

Influencing Factors

Etsy undertook extensive measures such as cost cutting and revamping management, and is investing to better its digital platform to enhance its financial performance. Also, to improve customer and seller experience, Etsy is working on providing newer services and tools.

The company’s stock price rose 22.2% between when it reported its 3Q17 results (November 6, 2017) and February 16, 2018. In 2017, the stock rose 73.6%, whereas the S&P 500 (SPX-Index) rose 19.4%.

Last year saw far-reaching changes for Etsy, primarily driven by a push from activist investors. The company replaced its CEO, Chad Dickerson, with Josh Silverman. According to the company’s 3Q17 investor presentation, its new mission is to “keep commerce human.” Etsy is making its digital platform more user-friendly for sellers and buyers, and investing considerably in improving its marketing capabilities. The company is providing services and tools to enhance the selling and buying experience on Etsy.

Etsy remains focused on driving its margin growth through cost cutting and improving the efficiency of its operations. In 4Q17, analysts expect the company to report a gross margin of 66.1%, compared with 66.4% in 4Q16. The company’s adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) are expected to be $22.8 million, a significant improvement over the $15.3 million reported in 4Q16. Etsy’s revenue growth and cost cutting (due to headcount reduction) are likely to boost its EBITDA.

The company expects a $20 million reduction in operating expenses in 2017 (more in the latter half) due to higher operational efficiency. In 2018, the company expects a $35 million reduction in operating expenses.

Analysts and Hedge Funds Opinions

Equities research analysts at KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for shares of Etsy in a research note issued to investors on Thursday. KeyCorp analyst E. Yruma anticipates that the specialty retailer will post earnings per share of $0.06 for the quarter. KeyCorp has a “Overweight” rating on the stock. KeyCorp also issued estimates for Etsy’s Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.13 EPS and Q4 2019 earnings at $0.21 EPS.

Several other analysts have also recently commented on the company…..

Zacks Investment Research raised Etsy from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Tuesday, January 9th.

  • BidaskClub raised shares of Etsy from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 22nd.
  • Morgan Stanley cut shares of Etsy from an “equal weight” rating to an “underweight” rating and set a $17.00 price objective on the stock. in a research report on Friday, January 12th.
  • Ifs Securities reaffirmed an “outperform” rating and issued a $22.00 price objective (up from $18.00) on shares of Etsy in a research report on Tuesday, November 7th.
  • Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 price target (up from $15.00) on shares of Etsy in a research note on Tuesday, November 7th.

One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock.

Institutional investors that have recently made a change to their positions in the stock….

  • Renaissance Technologies LLC grew its stake in Etsy by 66.8% in the 4th quarter. Renaissance Technologies LLC now owns 5,631,800 shares of the specialty retailer’s stock valued at $115,170,000 after buying an additional 2,255,391 shares during the last quarter.
  • Two Sigma Advisers LP boosted its holdings in Etsy by 3,196.9% in the 4th quarter. Two Sigma Advisers LP now owns 1,635,244 shares of the specialty retailer’s stock valued at $33,441,000 after purchasing an additional 1,585,644 shares during the period.
  • Gilder Gagnon Howe & Co. LLC boosted its holdings in Etsy by 9,134.0% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 1,459,522 shares of the specialty retailer’s stock valued at $29,847,000 after purchasing an additional 1,443,716 shares during the period.
  • Finally, Two Sigma Investments LP boosted its holdings in Etsy by 221.4% in the 4th quarter. Two Sigma Investments LP now owns 1,927,194 shares of the specialty retailer’s stock valued at $39,411,000 after purchasing an additional 1,327,537 shares during the period.
Summary

Etsy’s results are expected to benefit from extensive cost cuts and strength in the vintage and crafts categories. Etsy is making its digital platform more user-friendly for sellers and buyers, enhancing trust and reliability for buyers, and rationalizing its market spending. The company stated that it was focusing on improving its platform’s search and discovery capabilities to aid buyers. The company is investing considerably in marketing.

Etsy has a market capitalization of $2,580.00 and a PE ratio of 176.33. Etsy has a 52 week low of $9.41 and a 52 week high of $22.34. The company has a debt-to-equity ratio of 0.19, a quick ratio of 4.26 and a current ratio of 4.26.


Option Trade - - Square Inc. (NYSE:SQ) Calls

Monday, February 26, 2018

** OPTION TRADE: Buy SQ MARCH 16 2018 47.000 CALL at approximately $1.80 each. Sell price is left to your own judgment.

Payment processing and point-of-sale upstart Square Inc. (NYSE:SQ), will report earnings tomorrow, Tuesday, February 27, 2018, after the market closes. The consensus earnings estimate is $0.07 per share on revenue of $601.63 million. But the Earnings Whisper number is $0.09 per share. The company's guidance was for earnings of $0.05 to $0.06 per share on revenue of $585.00 million to $595.00 million. Consensus estimates are for year-over-year earnings growth of 275.00% with revenue increasing by 33.13%.

The company has a positive record of an earnings beat in three of the trailing four quarters, with an average surprise of 58.68%. Last quarter, the company delivered a positive earnings surprise of 16.67%.

A surge towards consistent profitability has moved Square's valuation higher. In November, Square set up a Bitcoin exchange so that users of its Square Cash app could buy and sell the digital cryptocurrency.

Also, increasing volume of online transaction presents significant growth opportunity for Square.

Momentum in the company's Gross Payment Volume ("GPV") is anticipated to continue driven by growth in both larger as well as midmarket sellers. Square defines larger sellers as those who make more than $125,000 of annualized GPV and midmarket sellers as those who make more than $500,000 of annualized revenues.

In the third quarter, Square processed $17.4 billion of GPV, which soared 31% year over year. GPV from large sellers (48% of total GPV) increased 44%, while GPV from midmarket sellers escalated 64% from the year-ago quarter.

Influencing Factors

Square's strong revenue growth rates are accelerating recently. The growth during its most recent quarter is impressive; up 45% from the 41% year-over-year rise in its second-quarter adjusted revenue. Furthermore, second-quarter adjusted revenue growth was above first-quarter growth of 39%.

Similar trends can be seen in growth in total net revenue during these periods, with total net revenue rising 33% year over year in the third quarter of 2017, compared to 26% and 22% growth in the second and first quarters of 2017, respectively.

Nomura Instinet analyst Dan Dolev, who has a $64 price target on Square stock, recently argued that one of Square's opportunities is the ongoing expansion of its services as it grows and continues to attract more large sellers.

"In 10 years, Square is likely to be a very different company helped by accelerating share gains from payment peers and relentless disruption of services like payroll and [human resources]," Dolev wrote in a note to clients in January. Specific examples of Square's opportunity for expansion are "growing penetration of higher priced transaction types like virtual terminal and e-commerce, as well as high margin services like Square Capital and payroll," Dolev said.

One of the ways Square is expanding its business is by making it easier for its ecosystem to integrate with partners. To this end, it launched Build with Square, or a set of APIs (application programming interface) for sellers to create custom integrations between Square products, services, and data with other business systems.

Subscription and services-based revenue is soaring, rising 84% year over year in the company's most recent quarter. In addition, the segment is highly lucrative. Even though it accounts for 11% of revenue, it represents 21% of Square's gross profit.

Instant Deposit, Caviar, and Square Capital have been key drivers for the segment.

Analysts and Hedge Funds Opinions

RBC Capital’s top analyst Daniel Perlin reiterates an Outperform rating on shares of Square, while raising the price target to $53.00 (from $41.00), just ahead of the payment solutions provider’s 4Q earnings next week.

The analyst is forecasting GPV of $17.9 billion in Q4:17, up 31% y/y, and consistent with Q3:17 growth. As has been the case throughout the year, Perlin anticipates a combination of above-core growth in larger sellers, continued high attachment rates of Square Capital and new product innovation to drive GPV.

“If there is an area where we see upside to our revenue numbers it’s in subscription & services, as this line item has consistently surprised to the upside, driven by a consistent roll out of new products. After inflecting up the last two quarters, we have modeled adjusted revenue growth of 38% y/y, but believe our numbers could prove conservative,” the analyst noted.

Furthermore, “We anticipate a relatively conservative FY18 guide, which we believe will straddle the current consensus, and be in the range of 30%-35% adjusted revenue growth and adjusted EBITDA margins in the 18%-20% range suggesting ~500bps expansion y/y at the mid-point.”

Several other analysts have also recently commented on the company…..

  • Deutsche Bank lifted their target price on shares of Square from $37.00 to $43.00 and gave the company a “buy” rating in a report on Thursday.
  • Zacks Investment Research upgraded shares of Square from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Monday, February 5th.
  • Susquehanna Bancshares lifted their target price on shares of Square from $43.00 to $51.00 and gave the company a “positive” rating in a report on Monday, February 5th.
  • Vetr upgraded shares of Square from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Monday, February 5th.
  • Finally, Nomura restated a “buy” rating and set a $64.00 target price (up previously from $48.00) on shares of Square in a report on Friday, January 19th.

Square has been given an average rating of “Buy” by the forty ratings firms that are covering the firm. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and twenty-five have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $37.62.

Institutional investors that have recently made a change to their positions in the stock….

  • Allianz Asset Management GmbH grew its position in shares of Square by 31.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 13,302,170 shares of the technology company’s stock valued at $383,235,000 after buying an additional 3,147,558 shares during the last quarter.
  • Jennison Associates LLC bought a new stake in shares of Square during the 4th quarter valued at about $86,426,000.
  • BlackRock Inc. grew its position in shares of Square by 18.4% during the 4th quarter. BlackRock Inc. now owns 13,005,859 shares of the technology company’s stock valued at $450,913,000 after buying an additional 2,024,019 shares during the last quarter.
  • UBS Asset Management Americas Inc. grew its position in shares of Square by 458.6% during the 4th quarter. UBS Asset Management Americas Inc. now owns 1,962,828 shares of the technology company’s stock valued at $68,051,000 after buying an additional 1,611,446 shares during the last quarter.
Summary

Strong catalysts leading to accelerating revenue growth recently, momentum certainly seems to be in Square's favor.

Square has a market cap of $17,430.00 and a price-to-earnings ratio of -263.88. Square Inc has a 52 week low of $16.11 and a 52 week high of $49.56. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.81 and a current ratio of 1.81.






Search Stock Options
Made Easy



Enjoy Relaxed or Fast-Paced Trading? Choose your Membership Style...

Whether you prefer to take a laid-back approach to your trading,

or to charge ahead in your options trading,

 Stock Options Made Easy Armchair Trader and Cut-to-the-Chase Trader Memberships put everything you need to succeed at your fingertips for just  $39 or $79 per month.







Subscribe to our FREE
newsletter for all the latest options news!


Enter Your Email Address

Enter Your First Name