Richard Swales Sells 10,000 Shares of Paysafe (NYSE:PSFE) Stock

Paysafe Limited (NYSE:PSFE) insider Richard Swales sold 10,000 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the transaction, the insider owned 44,456 shares of the company’s stock, valued at approximately $341,866.64. The trade was a 18.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Richard Swales also recently made the following trade(s):

• On Thursday, March 19th, Richard Swales sold 18,849 shares of Paysafe stock. The stock was sold at an average price of $6.87, for a total transaction of $129,492.63.

Paysafe Stock Down 7.5%

Shares of Paysafe stock opened at $6.92 on Wednesday. The company has a market cap of $357.47 million, a P/E ratio of -1.96, a PEG ratio of 0.25 and a beta of 1.82. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.16 and a current ratio of 1.16. Paysafe Limited has a one year low of $5.95 and a one year high of $15.02. The firm has a fifty day moving average of $7.83 and a two-hundred day moving average of $7.77.

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

Institutional Investors Weigh In On Paysafe

A number of hedge funds have recently bought and sold shares of the business. Private Management Group Inc. raised its position in shares of Paysafe by 60.3% in the 4th quarter. Private Management Group Inc. now owns 2,384,594 shares of the company’s stock valued at $19,291,000 after purchasing an additional 897,103 shares in the last quarter. Sona Asset Management US LLC acquired a new stake in shares of Paysafe during the third quarter worth approximately $3,090,000. Charles Schwab Investment Management Inc. increased its stake in shares of Paysafe by 57.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 543,416 shares of the company’s stock worth $4,396,000 after buying an additional 197,268 shares during the last quarter. Ancora Advisors LLC raised its holdings in Paysafe by 507.3% in the third quarter. Ancora Advisors LLC now owns 196,580 shares of the company’s stock valued at $2,540,000 after acquiring an additional 164,210 shares in the last quarter. Finally, HRT Financial LP raised its holdings in Paysafe by 1,102.1% in the fourth quarter. HRT Financial LP now owns 155,381 shares of the company’s stock valued at $1,257,000 after acquiring an additional 142,455 shares in the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on PSFE shares. Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Susquehanna reiterated a “neutral” rating and issued a $10.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. Wall Street Zen downgraded shares of Paysafe from a “buy” rating to a “hold” rating in a report on Sunday, April 19th. BTIG Research increased their price target on shares of Paysafe from $10.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $11.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Paysafe currently has a consensus rating of “Reduce” and a consensus price target of $10.13.

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.