Fidelity National Financial Inc. Has $18.20 Million Position in Paysafe Limited $PSFE

Fidelity National Financial Inc. decreased its holdings in Paysafe Limited (NYSE:PSFE) by 40.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,250,002 shares of the company’s stock after selling 1,500,000 shares during the quarter. Paysafe accounts for about 0.6% of Fidelity National Financial Inc.’s holdings, making the stock its 10th biggest holding. Fidelity National Financial Inc.’s holdings in Paysafe were worth $18,203,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Strs Ohio raised its stake in Paysafe by 128.0% in the fourth quarter. Strs Ohio now owns 62,700 shares of the company’s stock worth $507,000 after buying an additional 35,200 shares in the last quarter. Inscription Capital LLC bought a new position in Paysafe in the fourth quarter worth approximately $176,000. Directional Asset Management bought a new position in Paysafe in the fourth quarter worth approximately $93,000. Evergreen Capital Management LLC bought a new position in Paysafe in the fourth quarter worth approximately $164,000. Finally, State of Alaska Department of Revenue bought a new position in Paysafe in the fourth quarter worth approximately $83,000. Institutional investors own 54.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PSFE shares. Wall Street Zen downgraded shares of Paysafe from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. Susquehanna reissued a “neutral” rating and issued a $10.00 price objective (up from $9.00) on shares of Paysafe in a research note on Thursday, May 14th. BTIG Research boosted their price objective on shares of Paysafe from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. UBS Group reaffirmed a “sell” rating and issued a $7.50 price target (up from $6.75) on shares of Paysafe in a report on Thursday, May 14th. Finally, Weiss Ratings lowered shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Paysafe currently has an average rating of “Reduce” and an average target price of $10.13.

Insider Transactions at Paysafe

In related news, insider Richard Swales sold 18,849 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $6.87, for a total transaction of $129,492.63. Following the completion of the transaction, the insider directly owned 24,291 shares in the company, valued at $166,879.17. The trade was a 43.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Paysafe Price Performance

Shares of PSFE opened at $6.89 on Thursday. The firm has a market capitalization of $355.82 million, a PE ratio of -1.95, a price-to-earnings-growth ratio of 0.24 and a beta of 1.76. The company’s fifty day moving average price is $7.94 and its 200-day moving average price is $7.57. Paysafe Limited has a 1-year low of $5.95 and a 1-year high of $15.02. The company has a debt-to-equity ratio of 4.03, a current ratio of 1.16 and a quick ratio of 1.16.

Paysafe (NYSE:PSFE) last posted its earnings results 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 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, equities research analysts predict that Paysafe Limited will post 1.6 EPS for the current year.

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.