Paysafe (NYSE:PSFE – Free Report) had its price target boosted by BTIG Research from $10.00 to $12.00 in a research report sent to investors on Wednesday morning, Marketbeat reports. The firm currently has a buy rating on the stock.
A number of other research analysts also recently issued reports on the stock. Zacks Research upgraded shares of Paysafe from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Royal Bank Of Canada cut their target price on shares of Paysafe from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Wall Street Zen downgraded shares of Paysafe from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Weiss Ratings restated a “sell (d-)” rating on shares of Paysafe in a research report on Thursday, January 22nd. Finally, UBS Group cut their price target on shares of Paysafe from $7.00 to $6.75 and set a “sell” rating on the stock in a research report on Wednesday, March 4th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $10.13.
Read Our Latest Stock Analysis on PSFE
Paysafe Stock Performance
Paysafe (NYSE:PSFE – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%. The company had revenue of $442.72 million for the quarter, compared to the consensus estimate of $424.41 million. Paysafe has set its FY 2026 guidance at 2.120-2.320 EPS. Equities analysts anticipate that Paysafe will post 1.6 earnings per share for the current year.
Insider Buying and Selling at Paysafe
In related news, insider Richard Swales sold 18,849 shares of the stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $6.87, for a total value of $129,492.63. Following the sale, the insider directly owned 24,291 shares in the company, valued at $166,879.17. This trade represents a 43.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Institutional Trading of Paysafe
Hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its position 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 acquiring an additional 3,266 shares during the period. Quantbot Technologies LP acquired a new stake in Paysafe during the 2nd quarter worth approximately $106,000. State of Alaska Department of Revenue acquired a new stake in Paysafe during the 4th quarter worth approximately $83,000. Engineers Gate Manager LP acquired a new stake in Paysafe during the 2nd quarter worth approximately $143,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Paysafe during the 4th quarter worth approximately $93,000. 54.39% of the stock is currently owned by institutional investors and hedge funds.
Paysafe Company Profile
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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