Whitebox Advisors LLC Takes Position in Paysafe Limited $PSFE

Whitebox Advisors LLC acquired a new position in shares of Paysafe Limited (NYSE:PSFEFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 120,335 shares of the company’s stock, valued at approximately $819,000. Whitebox Advisors LLC owned 0.23% of Paysafe as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of PSFE. Tower Research Capital LLC TRC boosted its position in Paysafe by 143.1% during the second 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 last quarter. State of Alaska Department of Revenue bought a new position in shares of Paysafe in the 4th quarter worth about $83,000. Directional Asset Management bought a new position in shares of Paysafe in the 4th quarter worth about $93,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Paysafe in the 4th quarter valued at about $93,000. Finally, Quantbot Technologies LP acquired a new position in shares of Paysafe in the 2nd quarter valued at about $106,000. Institutional investors own 54.39% of the company’s stock.

Insiders Place Their Bets

In other Paysafe news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the completion of the transaction, the insider owned 44,456 shares in the company, valued at approximately $341,866.64. The trade was a 18.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Paysafe Stock Performance

PSFE opened at $7.93 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.03. The company’s fifty day moving average price is $7.52 and its two-hundred day moving average price is $7.49. Paysafe Limited has a 1-year low of $5.95 and a 1-year high of $15.02. The company has a market cap of $409.62 million, a price-to-earnings ratio of -2.25 and a beta of 1.74.

Paysafe (NYSE:PSFEGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $442.72 million during the quarter, compared to analysts’ expectations of $424.41 million. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on PSFE shares. Wall Street Zen upgraded Paysafe from a “hold” rating to a “buy” rating in a research report on Sunday. BTIG Research boosted their price target on Paysafe from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Susquehanna restated a “neutral” rating and set a $10.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings lowered shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $10.12.

Get Our Latest Stock Report on Paysafe

About Paysafe

(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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Institutional Ownership by Quarter for Paysafe (NYSE:PSFE)

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