5 Fintech Stocks Redditors are Buying

3. Square, Inc. (NYSE: SQ)

Number of Hedge Fund Holders: 94   

Square, Inc. (NYSE: SQ) is a California-based company that markets digital payments solutions. It is ranked third on our list of 10 fintech stocks Redditors are buying.

On August 17, investment advisory JPMorgan reiterated an Overweight rating on Square, Inc. (NYSE: SQ) stock and raised the price target to $320 from $300. Tien-tsin Huang, an analyst at the firm, issued the ratings update. 

At the end of the second quarter of 2021, 94 hedge funds in the database of Insider Monkey held stakes worth $10.3 billion in Square, Inc. (NYSE: SQ), up from 92 the preceding quarter worth $9.2 billion.