Park West Asset Management LLC lowered its position in shares of PagSeguro Digital Ltd (NYSE:PAGS) by 62.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 425,845 shares of the company’s stock after selling 711,055 shares during the period. Park West Asset Management LLC owned 0.35% of PagSeguro Digital worth $7,976,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Intellectus Partners LLC lifted its holdings in shares of PagSeguro Digital by 72.6% in the 4th quarter. Intellectus Partners LLC now owns 5,350 shares of the company’s stock worth $100,000 after acquiring an additional 2,250 shares during the last quarter. GSA Capital Partners LLP bought a new stake in PagSeguro Digital during the 4th quarter valued at $206,000. LPL Financial LLC bought a new stake in PagSeguro Digital during the 4th quarter valued at $224,000. Bank of New York Mellon Corp bought a new stake in PagSeguro Digital during the 4th quarter valued at $262,000. Finally, Albert D Mason Inc. bought a new stake in PagSeguro Digital during the 4th quarter valued at $297,000.
Shares of PagSeguro Digital stock opened at $30.05 on Thursday. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 34.15, a P/E/G ratio of 0.92 and a beta of 1.16. PagSeguro Digital Ltd has a 12-month low of $17.02 and a 12-month high of $39.97.
About PagSeguro Digital
PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.
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