Private Management Group Inc. grew its position in Paysafe Limited (NYSE:PSFE – Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,910,973 shares of the company’s stock after acquiring an additional 131,379 shares during the period. Private Management Group Inc. owned about 5.63% of Paysafe worth $16,389,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the company. Quantinno Capital Management LP lifted its stake in Paysafe by 108.4% in the 1st quarter. Quantinno Capital Management LP now owns 241,617 shares of the company’s stock valued at $1,645,000 after purchasing an additional 125,652 shares during the last quarter. Whitebox Advisors LLC bought a new position in Paysafe during the first quarter worth about $819,000. Sei Investments Co. acquired a new position in Paysafe during the first quarter worth approximately $127,000. Empowered Funds LLC increased its position in Paysafe by 9.7% during the first quarter. Empowered Funds LLC now owns 212,954 shares of the company’s stock worth $1,450,000 after buying an additional 18,863 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Paysafe by 74.3% during the first quarter. Bank of America Corp DE now owns 65,947 shares of the company’s stock worth $449,000 after buying an additional 28,117 shares during the last quarter. 54.39% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have recently issued reports on PSFE. Zacks Research cut Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Paysafe in a report on Tuesday, August 11th. Royal Bank Of Canada set a $9.00 target price on Paysafe and gave the stock a “sector perform” rating in a report on Friday, August 14th. Wall Street Zen cut Paysafe from a “buy” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, UBS Group set a $7.00 price target on Paysafe and gave the company a “sell” rating in a research note on Friday, August 14th. 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $8.50.
Check Out Our Latest Research Report on Paysafe
Paysafe Price Performance
Shares of NYSE PSFE opened at $7.05 on Tuesday. The stock has a market capitalization of $364.60 million, a PE ratio of -1.85 and a beta of 1.80. The company has a debt-to-equity ratio of 4.38, a current ratio of 1.17 and a quick ratio of 1.17. The business has a fifty day moving average price of $6.04 and a two-hundred day moving average price of $7.10. Paysafe Limited has a fifty-two week low of $5.29 and a fifty-two week high of $10.81.
Paysafe (NYSE:PSFE – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.04. The company had revenue of $447.44 million for the quarter, compared to analyst estimates of $446.85 million. Paysafe had a positive return on equity of 10.31% and a negative net margin of 11.82%. Paysafe has set its FY 2026 guidance at 1.900-2.030 EPS.
Insiders Place Their Bets
In other Paysafe news, insider Richard Swales sold 10,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $6.58, for a total transaction of $65,800.00. Following the sale, the insider directly owned 34,456 shares in the company, valued at $226,720.48. This represents a 22.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Paysafe Company Profile
Paysafe Limited is a specialized payments platform that provides payment processing, digital wallet and online cash solutions to businesses and consumers. Its services are designed to help merchants accept payments across digital commerce, mobile applications, online marketplaces and other channels.
The company’s portfolio includes the Skrill and Neteller digital wallets, which support online payments, money transfers and related financial services. Paysafe also operates paysafecard, a prepaid cash-based payment method that enables consumers to make online purchases without using a traditional bank account or credit card.
Paysafe serves merchants and consumers across multiple international markets, with a particular focus on sectors such as online gaming, sports betting, digital entertainment, travel, financial services and small businesses.
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