Key Points
- Insider sale: Paysafe insider Richard Swales sold 10,000 shares at an average price of $7.69, totaling $76,900, and reducing his stake by 18.36%.
- Stock and earnings update: Paysafe shares were down 2.7% to $7.50, even after the company reported quarterly EPS of $0.41, slightly ahead of estimates, and revenue of $442.72 million above forecasts.
- Analyst sentiment remains cautious: Recent analyst moves included multiple downgrades, and MarketBeat data shows an average rating of “Reduce” with a consensus price target of $10.13.
Paysafe Limited (NYSE:PSFE - Get Free Report) insider Richard Swales sold 10,000 shares of the firm's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $7.69, for a total value of $76,900.00. Following the sale, the insider directly owned 44,456 shares in the company, valued at approximately $341,866.64. This trade represents a 18.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Richard Swales also recently made the following trade(s):
- On Thursday, March 19th, Richard Swales sold 18,849 shares of Paysafe stock. The shares were sold at an average price of $6.87, for a total value of $129,492.63.
Paysafe Trading Down 2.7%
NYSE PSFE opened at $7.50 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03. Paysafe Limited has a twelve month low of $5.95 and a twelve month high of $15.02. The company has a market cap of $387.60 million, a price-to-earnings ratio of -2.12, a price-to-earnings-growth ratio of 0.26 and a beta of 1.82. The business's fifty day moving average is $7.84 and its 200 day moving average is $7.80.
Paysafe (NYSE:PSFE - Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%.The company had revenue of $442.72 million for the quarter, compared to the consensus estimate of $424.41 million. As a group, sell-side analysts expect that Paysafe Limited will post 1.6 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have commented on PSFE shares. Susquehanna reaffirmed a "neutral" rating and set a $10.00 target price (up from $9.00) on shares of Paysafe in a report on Thursday. Wall Street Zen downgraded Paysafe from a "buy" rating to a "hold" rating in a report on Sunday, April 19th. Zacks Research downgraded Paysafe from a "hold" rating to a "strong sell" rating in a report on Wednesday, May 13th. Weiss Ratings downgraded Paysafe from a "sell (d)" rating to a "sell (d-)" rating in a report on Thursday. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $11.00 target price (up from $9.00) on shares of Paysafe in a report on Thursday. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus target price of $10.13.
Get Our Latest Research Report on Paysafe
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its stake in shares of Paysafe by 143.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company's stock valued at $70,000 after purchasing an additional 3,266 shares during the period. Quantbot Technologies LP acquired a new position in shares of Paysafe in the 2nd quarter valued at about $106,000. State of Alaska Department of Revenue acquired a new position in shares of Paysafe in the 4th quarter valued at about $83,000. Engineers Gate Manager LP acquired a new position in shares of Paysafe in the 2nd quarter valued at about $143,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Paysafe in the 4th quarter valued at about $93,000. 54.39% of the stock is owned by institutional investors and hedge funds.
Paysafe Company Profile
(
Get Free Report)
Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe's platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.
Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.
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