PSQ Holdings, Inc. $PSQH Shares Bought by Kingsbury Capital Investment Advisors LLC

Kingsbury Capital Investment Advisors LLC grew its holdings in PSQ Holdings, Inc. (NYSE:PSQH) by 379.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 175,004 shares of the company’s stock after buying an additional 138,473 shares during the period. Kingsbury Capital Investment Advisors LLC owned 5.19% of PSQ worth $70,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Shay Capital LLC grew its stake in PSQ by 46.1% during the 2nd quarter. Shay Capital LLC now owns 28,516 shares of the company’s stock valued at $58,000 after acquiring an additional 9,001 shares in the last quarter. Bridgeway Capital Management LLC grew its position in shares of PSQ by 45.5% in the third quarter. Bridgeway Capital Management LLC now owns 32,000 shares of the company’s stock valued at $61,000 after purchasing an additional 10,000 shares in the last quarter. Harvest Investment Services LLC grew its position in shares of PSQ by 1.8% in the third quarter. Harvest Investment Services LLC now owns 652,294 shares of the company’s stock valued at $1,246,000 after purchasing an additional 11,412 shares in the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of PSQ by 0.6% in the third quarter. Alyeska Investment Group L.P. now owns 2,368,764 shares of the company’s stock valued at $4,524,000 after purchasing an additional 14,525 shares during the last quarter. Finally, Centiva Capital LP purchased a new position in PSQ during the third quarter worth approximately $34,000. 17.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PSQH has been the subject of several analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of PSQ in a report on Friday, July 17th. Wall Street Zen raised shares of PSQ to a “hold” rating in a report on Saturday, July 25th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, PSQ currently has a consensus rating of “Hold” and an average price target of $52.50.

PSQ Trading Down 2.9%

Shares of PSQ stock opened at $5.33 on Monday. The firm has a market capitalization of $17.96 million, a price-to-earnings ratio of -0.49 and a beta of 0.51. PSQ Holdings, Inc. has a fifty-two week low of $2.95 and a fifty-two week high of $42.60. The company has a debt-to-equity ratio of 6.79, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a 50 day moving average of $4.83 and a 200 day moving average of $7.63.

PSQ (NYSE:PSQH) last posted its earnings results on Wednesday, July 29th. The company reported ($1.54) EPS for the quarter, missing analysts’ consensus estimates of ($1.05) by ($0.49). PSQ had a negative net margin of 132.73% and a negative return on equity of 284.61%. The business had revenue of $7.13 million during the quarter, compared to analysts’ expectations of $7.50 million.

PSQ 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. PSQ Holdings, Inc is headquartered in West Palm Beach, Florida.