The Thesis Is Still Intact: Blue Apron Holdings, Inc. (APRN), Square, Inc. (SQ)

Cooney Lainie, Chief Human Resources Officer, sold 31,979 shares of the Blue Apron Holdings, Inc. (NYSE:APRN) in an exchange that happened on November 28th, 2018. The stock was sold at an average price of $1.07 per share, amounting to a transaction worth $34,304. The sale was made public in a document filed with the SEC. Additionally, President & CEO Dickerson Brad sold 5,523 shares of this stock in a transaction that took place on November 26th, 2018. The stock was sold at an average price of $1.07 per share, for a total exchange amounting to $5,885. After the transaction, the President & CEO Dickerson Brad currently holds 251,729 shares of the company’s stock, which is worth approximately $276902.

With this stock price’s latest movement, it is now -75.88% away from its 1-year high and 7.84% higher than its 1-year low price. In the past seven days, the stock price volatility for Blue Apron Holdings, Inc. was 6.83%, whereas its volatility in the past 30 days has been 8.14%.

Blue Apron Holdings, Inc. (NYSE:APRN) most recently published its quarterly earnings results. The firm posted -$0.18 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of -$0.21 by $0.03. The publicly-traded organization reported revenue of $150.62 million for the quarter, compared to the average analyst forecast calling for $157.15 million, which was missing the analyst consensus estimate.

Shares of Blue Apron Holdings, Inc. (APRN) plunged -1.79%, amounting to a loss of -$0.02 per share, to finish the regular trading session at $1.10 on Thursday 12/06/2018. After beginning the session at $1.11, shares of Blue Apron Holdings, Inc. reached as high as $1.13 during the day, while hitting a 1-day low of $1.07. Trade volume reached 2,950,635 shares against this stock’s average daily volume of 2.99M shares, with a total float of 75.89M. As a consequence of the price decrease, Blue Apron Holdings, Inc. now has a current market value of 216.80M.

Square, Inc. (NYSE:SQ) added 3.43% to its trading price by the close of the most recent session, jumping from its previous closing price of $63.51 to $65.69. This stock decreased in value by -6.01% during the last 7-day period, and experienced a loss of -12.43% over the past 30-day period. In the past three months, this stock’s price lost by -25.81% , and added 8.27% to its price during the last six months of trading. SQ demonstrated a yearly price gain of 74.71% , while its year-to-date (YTD) price performance has been up 89.47% . This stock’s price changed by +18.64% compared to its 90-day low, and moved down -35.06% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the SQ stock as “Sell”. In the short-term, Square, Inc. (SQ) has a 20-day average volume of 18,495,674 shares and short-term indicators sets the SQ stock as “ 60% Sell ” on average basis. In the medium-term, SQ stock has a 50-Day average volume of 19,306,857 shares and medium-term indicators gave the average rating of “ 50% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 15,131,571 shares. On average, long-term indicators rated the stock as “100% Sell ”. The overall picture from all short, medium and long-term indicators sets the SQ stock as “72% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on SQ. Piper Jaffray, for example, Reiterated its rating on shares of Square, Inc. to a “Neutral”, while setting a $92 price target on shares of the company’s stock, according to a research note from Thursday November 8th, 2018. Needham Reiterated their target price for this stock from $75 to $95, while giving the stock a “Buy” rating, as stated in a research report from Thursday, November 8th, 2018. Mizuho, on the other hand, Reiterated a “Buy” rating on this stock, while posting a $95 price target on shares of this company’s stock in a research note dated Thursday, November 8th, 2018.

In other news related to Square, Inc. stock, 73.29% shares of SQ held by institutions. The total number of institutions who held the SQ shares was 772, according to most recent SEC filling. During the past quarter, total 226,010,282 shares held by institutions with the net change of -12,264,557 shares. In the meantime, 132 new institutions bought the shares of Square, Inc. for the first time and 61 institutions sold all their holdings in the company’s common stock. 401 institutions increased their investment in the SQ stock and 291 institutions decreased their investment in the Square, Inc. (SQ)’s stock during the last quarter.