Key Points
- PagSeguro insider Da Silva Ricardo Dutra sold 25,000 shares at an average price of $9.24, generating $231,000 and reducing his holdings by 50% to 25,000 shares.
- PagSeguro shares opened at $9.63, with a $2.69 billion market capitalization and a 52-week range of $7.74 to $12.32. The company’s latest quarterly EPS of $0.39 slightly missed estimates, while revenue of $642.01 million was below the $952.64 million analyst forecast.
- Analyst sentiment is mixed but centers on a “Hold” consensus, with two Buy, six Hold, and one Sell ratings and an average price target of $10.98. Institutional investors own 45.88% of the company.
PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) insider Da Silva Ricardo Dutra sold 25,000 shares of the firm's stock in a transaction on Monday, July 20th. The shares were sold at an average price of $9.24, for a total transaction of $231,000.00. Following the transaction, the insider owned 25,000 shares in the company, valued at $231,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
PagSeguro Digital Stock Performance
Shares of NYSE PAGS opened at $9.63 on Wednesday. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 0.46 and a beta of 1.32. The business's 50-day simple moving average is $9.07 and its 200-day simple moving average is $9.93. PagSeguro Digital Ltd. has a 52 week low of $7.74 and a 52 week high of $12.32.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.01). The firm had revenue of $642.01 million during the quarter, compared to analyst estimates of $952.64 million. PagSeguro Digital had a net margin of 10.40% and a return on equity of 16.44%. As a group, equities research analysts forecast that PagSeguro Digital Ltd. will post 1.69 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its stake in shares of PagSeguro Digital by 77.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company's stock valued at $40,000 after acquiring an additional 1,821 shares during the period. GAMMA Investing LLC increased its position in PagSeguro Digital by 37.0% in the fourth quarter. GAMMA Investing LLC now owns 4,626 shares of the company's stock worth $45,000 after purchasing an additional 1,249 shares during the period. Atlas Capital Advisors Inc. bought a new stake in PagSeguro Digital during the 4th quarter worth about $45,000. Meeder Asset Management Inc. bought a new stake in PagSeguro Digital during the 4th quarter worth about $53,000. Finally, CWM LLC raised its holdings in PagSeguro Digital by 50.4% during the 4th quarter. CWM LLC now owns 7,902 shares of the company's stock worth $76,000 after purchasing an additional 2,647 shares during the last quarter. Institutional investors own 45.88% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Autonomous Res cut shares of PagSeguro Digital from a "hold" rating to a "strong sell" rating in a research note on Thursday, April 30th. Weiss Ratings lowered PagSeguro Digital from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, June 23rd. Wall Street Zen cut PagSeguro Digital from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. Jefferies Financial Group began coverage on PagSeguro Digital in a research report on Thursday, July 23rd. They set a "hold" rating and a $10.40 target price for the company. Finally, UBS Group decreased their price target on PagSeguro Digital from $14.00 to $12.50 and set a "buy" rating on the stock in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $10.98.
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PagSeguro Digital Company Profile
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PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.
The company's product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.
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