PagSeguro Digital (NYSE:PAGS) Insider Da Silva Ricardo Dutra Sells 25,000 Shares

PagSeguro Digital Ltd. (NYSE:PAGS) insider Da Silva Ricardo Dutra sold 25,000 shares of PagSeguro Digital stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $9.24, for a total value of $231,000.00. Following the sale, the insider directly owned 25,000 shares in the company, valued at approximately $231,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

PagSeguro Digital Stock Up 2.7%

Shares of NYSE PAGS opened at $9.63 on Wednesday. The stock has a market cap of $2.69 billion, a P/E ratio of 7.08, a P/E/G ratio of 0.46 and a beta of 1.32. The firm’s 50-day simple moving average is $9.07 and its 200 day simple moving average is $9.93. PagSeguro Digital Ltd. has a fifty-two week low of $7.74 and a fifty-two week high of $12.32.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Wednesday, May 13th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The company had revenue of $642.01 million during the quarter, compared to the consensus estimate of $952.64 million. PagSeguro Digital had a net margin of 10.40% and a return on equity of 16.44%. On average, sell-side analysts anticipate that PagSeguro Digital Ltd. will post 1.69 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Jefferies Financial Group began coverage on shares of PagSeguro Digital in a report on Thursday, July 23rd. They set a “hold” rating and a $10.40 target price for the company. Autonomous Res lowered shares of PagSeguro Digital from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Bank of America cut PagSeguro Digital from a “buy” rating to a “neutral” rating and set a $10.00 price target on the stock. in a report on Wednesday, July 15th. Finally, Weiss Ratings downgraded PagSeguro Digital from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PagSeguro Digital currently has a consensus rating of “Hold” and an average price target of $10.98.

Institutional Trading of PagSeguro Digital

Several institutional investors have recently made changes to their positions in the stock. Unison Advisors LLC boosted its position in PagSeguro Digital by 1.3% during the fourth quarter. Unison Advisors LLC now owns 75,921 shares of the company’s stock valued at $732,000 after purchasing an additional 995 shares during the last quarter. GAMMA Investing LLC increased its position in PagSeguro Digital by 37.0% in the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock worth $45,000 after purchasing an additional 1,249 shares during the last quarter. DGS Capital Management LLC raised its stake in shares of PagSeguro Digital by 8.7% during the 4th quarter. DGS Capital Management LLC now owns 15,814 shares of the company’s stock worth $152,000 after purchasing an additional 1,271 shares in the last quarter. Mariner LLC raised its stake in shares of PagSeguro Digital by 6.0% during the 4th quarter. Mariner LLC now owns 26,406 shares of the company’s stock worth $255,000 after purchasing an additional 1,488 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its holdings in shares of PagSeguro Digital by 4.4% during the 4th quarter. Handelsbanken Fonder AB now owns 42,628 shares of the company’s stock valued at $411,000 after buying an additional 1,800 shares during the last quarter. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.