Quantinno Capital Management LP Has $1.65 Million Stock Position in Paysafe Limited $PSFE

Quantinno Capital Management LP grew its holdings in shares of Paysafe Limited (NYSE:PSFE) by 108.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 241,617 shares of the company’s stock after purchasing an additional 125,652 shares during the quarter. Quantinno Capital Management LP’s holdings in Paysafe were worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of PSFE. Whitebox Advisors LLC bought a new stake in Paysafe in the first quarter worth $819,000. Sei Investments Co. bought a new position in Paysafe during the first quarter valued at about $127,000. World Investment Advisors bought a new position in Paysafe during the fourth quarter valued at about $116,000. Alpine Global Management LLC acquired a new stake in shares of Paysafe in the fourth quarter worth about $181,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Paysafe during the 4th quarter worth about $93,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings lowered Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. UBS Group reiterated a “sell” rating and set a $7.50 price target (up from $6.75) on shares of Paysafe in a report on Thursday, May 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $11.00 price target (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. BTIG Research reduced their price objective on shares of Paysafe from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Finally, Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Paysafe presently has an average rating of “Reduce” and an average price target of $9.12.

Insider Buying and Selling

In related news, insider Richard Swales sold 10,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $7.69, for a total value of $76,900.00. Following the completion of the transaction, the insider directly owned 44,456 shares of the company’s stock, valued at $341,866.64. This trade represents a 18.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Paysafe Trading Up 0.1%

Paysafe stock opened at $6.90 on Thursday. The business has a 50 day moving average price of $7.61 and a two-hundred day moving average price of $7.50. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03. Paysafe Limited has a 12 month low of $5.95 and a 12 month high of $15.02. The stock has a market cap of $356.59 million, a price-to-earnings ratio of -1.95 and a beta of 1.74.

Paysafe (NYSE:PSFE) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The company had revenue of $442.72 million for the quarter, compared to analyst estimates of $424.41 million. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%.

About Paysafe

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.