Squarespace (SQSP)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	280.68 mm	280.68 mm	280.68 mm	280.68 mm	280.68 mm	280.68 mm
Cash burn (monthly)	4.53 mm	(no burn)	6.88 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	39.74 mm	n/a	60.28 mm	n/a	n/a	n/a
Cash remaining	240.94 mm	n/a	220.40 mm	n/a	n/a	n/a
Runway (months of cash)	53.1	n/a	32.0	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Squarespace earnings reports.

Institutional ownership, Q2 2024

SQSP institutional ownership history Ownership history

100.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	216	206	+4.9%
Opened positions	69	74	-6.8%
Closed positions	59	22	+168.2%
Increased positions	62	66	-6.1%
Reduced positions	68	41	+65.9%

13F shares	Current	Prev Q	Change
Total value	2.54 tn	2.10 tn	+20.7%
Total shares	88.08 mm	84.71 mm	+4.0%
Total puts	176.70 k	111.10 k	+59.0%
Total calls	139.70 k	258.10 k	-45.9%
Total put/call ratio	1.3	0.4	+193.8%

Largest owners	Shares	Value	Change
Accel Growth Fund	13.06 mm	$564.80 mm	0.0%
Wellington Management	12.20 mm	$532.50 bn	+26.9%
General Atlantic	10.61 mm	$462.96 bn	0.0%
Index Ventures Growth I	8.90 mm	$0.00	0.0%
Vanguard	6.75 mm	$294.33 bn	+0.7%
BLK BlackRock	4.76 mm	$207.74 bn	+2.5%
Anthony Casalena	4.21 mm	$182.03 mm	NEW
Glazer Capital	2.21 mm	$96.21 mm	NEW
Renaissance Technologies	1.77 mm	$77.22 bn	+19.8%
Geode Capital Management	1.26 mm	$54.91 bn	+6.5%

Largest transactions	Shares	Bought/sold	Change
Anthony Casalena	4.21 mm	+4.21 mm	NEW
Wellington Management	12.20 mm	+2.58 mm	+26.9%
Glazer Capital	2.21 mm	+2.21 mm	NEW
Acadian Asset Management	0.00	-1.64 mm	EXIT
Citadel Advisors	648.39 k	-1.48 mm	-69.6%
Riverbridge Partners	795.50 k	-1.46 mm	-64.7%
Millennium Management	380.14 k	-1.45 mm	-79.3%
TIG Advisors	1.13 mm	+1.13 mm	NEW
Kodai Capital Management	0.00	-1.01 mm	EXIT
Balyasny Asset Management	962.31 k	+962.31 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SQSP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares
17 Oct 24	Paul Gubbay	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	69,671
17 Oct 24	Paul Gubbay	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	110,954
17 Oct 24	Klein Jonathan D	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	6,197
17 Oct 24	Landsman Liza	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	6,197
17 Oct 24	Nathan Gooden	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	159,714
17 Oct 24	Nathan Gooden	RSU Class A Common Stock	Sale back to company	Dispose D	No	No	404,557
17 Oct 24	Anthony Casalena	Class A Common Stock	Other	Dispose J	Yes	No	387,500
17 Oct 24	Anthony Casalena	Class A Common Stock	Sale back to company	Dispose D	Yes	No	880,909
17 Oct 24	Anthony Casalena	Class B Common Stock Class A Common Stock	Other	Dispose J	Yes	No	2,050,838
17 Oct 24	Anthony Casalena	Class B Common Stock Class A Common Stock	Other	Dispose J	Yes	No	28,505,788

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

William Blair Downgrades Squarespace to Market Perform

14 Oct 24

William Blair analyst Arjun Bhatia downgrades Squarespace (NYSE:SQSP) from Outperform to Market Perform.

Press releases

From Benzinga Pro

Permira Completes Tender Offer for Outstanding Shares of Squarespace

14 Oct 24

Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE:SQSP). The tender offer expired one minute after