Paysafe (NYSE:PSFE) Insider Sells $76,900.00 in Stock

Paysafe Limited (NYSE:PSFE) insider Richard Swales sold 10,000 shares of the 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 $341,866.64. This trade represents a 18.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 Stock Down 2.7%

NYSE PSFE traded down $0.21 during midday trading on Monday, hitting $7.50. 365,274 shares of the company traded hands, compared to its average volume of 418,494. The company has a debt-to-equity ratio of 4.03, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $387.57 million, a PE ratio of -2.12, a price-to-earnings-growth ratio of 0.26 and a beta of 1.82. The company’s 50-day simple moving average is $7.85 and its 200-day simple moving average is $7.83. Paysafe Limited has a 52 week low of $5.95 and a 52 week high of $15.02.

Paysafe (NYSE:PSFE) last announced its earnings results on Thursday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $442.72 million for the quarter, compared to analysts’ expectations of $424.41 million. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%. As a group, equities research analysts forecast that Paysafe Limited will post 1.6 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on PSFE. Zacks Research cut Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. 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 research report on Thursday. Wall Street Zen cut Paysafe from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. BTIG Research increased their price objective on Paysafe from $10.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, UBS Group reiterated a “sell” rating and set a $7.50 price objective (up from $6.75) on shares of Paysafe in a report on Thursday. One investment 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 MarketBeat, Paysafe currently has a consensus rating of “Reduce” and a consensus price target of $10.13.

Institutional Trading of Paysafe

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC boosted its stake in Paysafe by 143.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock worth $70,000 after purchasing an additional 3,266 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Paysafe in the 2nd quarter worth approximately $106,000. State of Alaska Department of Revenue acquired a new stake in Paysafe in the 4th quarter worth approximately $83,000. Engineers Gate Manager LP acquired a new stake in Paysafe in the 2nd quarter worth approximately $143,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Paysafe in 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.