Paysafe (NYSE:PSFE) Shares Up 0.3% – Here’s What Happened

Shares of Paysafe Limited (NYSE:PSFE) rose 0.3% on Friday. The stock traded as high as $5.80 and last traded at $5.7550. Approximately 244,572 shares changed hands during trading, a decline of 28% from the average session volume of 338,901 shares. The stock had previously closed at $5.74.

Analyst Ratings Changes

Several equities analysts have issued reports on PSFE shares. Royal Bank Of Canada set a $9.00 price objective on Paysafe and gave the stock a “sector perform” rating in a report on Friday, August 14th. UBS Group set a $7.00 target price on shares of Paysafe and gave the company a “sell” rating in a report on Friday, August 14th. Susquehanna set a $7.00 price target on Paysafe and gave the company a “neutral” rating in a research report on Wednesday, August 12th. BTIG Research dropped their target price on Paysafe from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Paysafe in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $8.50.

Paysafe Price Performance

The company has a market cap of $297.42 million, a price-to-earnings ratio of -1.51 and a beta of 1.78. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 4.38. The company has a fifty day simple moving average of $6.53 and a two-hundred day simple moving average of $7.35.

Paysafe (NYSE:PSFE) last announced its earnings results on Thursday, August 13th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. The company had revenue of $447.44 million during the quarter, compared to analysts’ expectations of $446.85 million. Paysafe had a negative net margin of 11.82% and a positive return on equity of 10.31%. Paysafe has set its FY 2026 guidance at 1.900-2.030 EPS.

Insider Buying and Selling at Paysafe

In related news, insider Richard Swales sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $6.58, for a total value of $65,800.00. Following the completion of the sale, the insider directly owned 34,456 shares in the company, valued at approximately $226,720.48. The trade was a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Investors Weigh In On Paysafe

Several institutional investors have recently bought and sold shares of PSFE. Private Management Group Inc. lifted its stake in shares of Paysafe by 60.3% during the fourth quarter. Private Management Group Inc. now owns 2,384,594 shares of the company’s stock worth $19,291,000 after purchasing an additional 897,103 shares in the last quarter. Quantinno Capital Management LP boosted its position 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 buying an additional 125,652 shares during the last quarter. Empowered Funds LLC boosted its holdings in Paysafe by 9.7% in the first quarter. Empowered Funds LLC now owns 212,954 shares of the company’s stock valued at $1,450,000 after purchasing an additional 18,863 shares during the last quarter. Whitebox Advisors LLC purchased a new stake in Paysafe during the 1st quarter worth approximately $819,000. Finally, Bank of America Corp DE grew its position in shares of 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 in the last quarter. 54.39% of the stock is currently owned by hedge funds and other institutional investors.

About Paysafe

Paysafe Limited is a specialized payments platform that provides digital commerce and payment solutions for businesses and consumers. Its services include payment processing, online cash solutions, digital wallets, and related technologies that enable customers to pay, receive funds, and manage transactions across online and physical channels.

The company’s consumer-facing brands include Skrill, a digital wallet and money-transfer service; Neteller, a digital payments platform; and paysafecard, a prepaid cash-based payment method.