Squarespace Inc (NYSE: SQSP) is 30.84% higher on its value in year-to-date trading and has touched a low of $26.70 and a high of $43.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SQSP stock was last observed hovering at around $43.25 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $43.19, the stock is 19.93% and 22.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.25 million and changing -0.14% at the moment leaves the stock 36.76% off its SMA200. SQSP registered 53.76% gain for a year compared to 6-month gain of 48.42%.
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The stock witnessed a 22.63% loss in the last 1 month and extending the period to 3 months gives it a 36.63%, and is 17.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.54% over the week and 2.86% over the month.
Squarespace Inc (SQSP) has around 1749 employees, a market worth around $5.94B and $1.06B in sales. Fwd P/E is 36.36. Profit margin for the company is -0.70%. Distance from 52-week low is 61.76% and -0.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.24%).
The EPS is expected to grow by 5.31% this year.
Squarespace Inc (SQSP) Top Institutional Holders
The shares outstanding are 88.55M, and float is at 60.42M with Short Float at 6.47%.
Squarespace Inc (SQSP) Insider Activity
The most recent transaction is an insider sale by KLEIN JONATHAN D,the company’sDirector. SEC filings show that KLEIN JONATHAN D sold 100,000 shares of the company’s common stock on May 13 ’24 at a price of $43.15 per share for a total of $4.32 million. Following the sale, the insider now owns 0.5 million shares.
Squarespace Inc disclosed in a document filed with the SEC on May 13 ’24 that Gubbay Paul (Chief Product Officer) sold a total of 2,500 shares of the company’s common stock. The trade occurred on May 13 ’24 and was made at $43.21 per share for $0.11 million. Following the transaction, the insider now directly holds 41186.0 shares of the SQSP stock.
Still, SEC filings show that on May 10 ’24, Casalena Anthony (Chief Executive Officer) disposed off 107,946 shares at an average price of $37.91 for $4.09 million. The insider now directly holds 2,598,389 shares of Squarespace Inc (SQSP).
