Insider Selling: Paysafe (NYSE:PSFE) Insider Sells 10,000 Shares of Stock

Paysafe Limited (NYSE:PSFE) insider Richard Swales sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $7.69, for a total value of $76,900.00. Following the sale, the insider owned 44,456 shares in the company, valued at approximately $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 at 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 shares were sold at an average price of $6.87, for a total value of $129,492.63.

Paysafe Trading Down 2.7%

Shares of PSFE traded down $0.21 during mid-day trading on Monday, reaching $7.50. 365,274 shares of the company’s stock traded hands, compared to its average volume of 418,494. The stock has a market cap of $387.57 million, a P/E ratio of -2.12, a P/E/G ratio of 0.26 and a beta of 1.82. The stock’s 50-day moving average is $7.85 and its two-hundred day moving average is $7.83. Paysafe Limited has a 12 month low of $5.95 and a 12 month 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 released its earnings results on Thursday, May 14th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $442.72 million for the quarter, compared to analysts’ expectations of $424.41 million. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%. Research analysts forecast that Paysafe Limited will post 1.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock worth $70,000 after purchasing an additional 3,266 shares in the last quarter. State of Alaska Department of Revenue bought a new position in Paysafe in the fourth quarter worth approximately $83,000. Directional Asset Management bought a new position in Paysafe in the fourth quarter worth approximately $93,000. Mercer Global Advisors Inc. ADV bought a new position in Paysafe in the fourth quarter worth approximately $93,000. Finally, Quantbot Technologies LP bought a new position in Paysafe in the second quarter worth approximately $106,000. Institutional investors own 54.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $11.00 target price (up from $9.00) on shares of Paysafe in a research note on Thursday. Weiss Ratings cut Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday. BTIG Research upped their target price on Paysafe from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. UBS Group reaffirmed a “sell” rating and set a $7.50 target price (up from $6.75) on shares of Paysafe in a research note on Thursday. Finally, Wall Street Zen cut Paysafe from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. One equities research 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. According to data from MarketBeat, Paysafe presently has an average rating of “Reduce” and an average target price 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.