Paysafe Limited $PSFE Position Increased by Private Management Group Inc.

Private Management Group Inc. increased its position in shares of Paysafe Limited (NYSE:PSFE) by 60.3% 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 2,384,594 shares of the company’s stock after acquiring an additional 897,103 shares during the period. Private Management Group Inc. owned about 3.98% of Paysafe worth $19,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in shares of Paysafe by 75.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 158,741 shares of the company’s stock worth $1,284,000 after acquiring an additional 68,426 shares in the last quarter. Greenwich Wealth Management LLC raised its holdings in shares of Paysafe by 6.9% during the fourth quarter. Greenwich Wealth Management LLC now owns 30,473 shares of the company’s stock worth $247,000 after acquiring an additional 1,960 shares in the last quarter. FourThought Financial Partners LLC purchased a new stake in shares of Paysafe during the fourth quarter worth $111,000. World Investment Advisors purchased a new stake in shares of Paysafe during the fourth quarter worth $116,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Paysafe by 33.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,488 shares of the company’s stock worth $187,000 after acquiring an additional 5,867 shares in the last quarter. 54.39% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PSFE has been the subject of several recent research reports. Weiss Ratings lowered Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. Royal Bank Of Canada reissued a “sector perform” rating and set a $11.00 target price (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. UBS Group reissued a “sell” rating and set a $7.50 target price (up from $6.75) on shares of Paysafe in a research report on Thursday, May 14th. Finally, Wall Street Zen downgraded shares of Paysafe from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Paysafe has an average rating of “Reduce” and a consensus target price of $10.13.

Insider Activity

In other news, insider Richard Swales sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $7.69, for a total value of $76,900.00. Following the sale, the insider directly owned 44,456 shares of the company’s stock, 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 SEC, which can be accessed through this hyperlink.

Paysafe Trading Up 1.4%

Shares of NYSE:PSFE opened at $6.97 on Friday. The company has a market cap of $359.95 million, a P/E ratio of -1.97, a P/E/G ratio of 0.23 and a beta of 1.76. The stock’s 50-day moving average is $7.95 and its 200-day moving average is $7.57. Paysafe Limited has a 52-week low of $5.95 and a 52-week high of $15.02. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.16 and a current ratio of 1.16.

Paysafe (NYSE:PSFE) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $442.72 million for the quarter, compared to the consensus estimate of $424.41 million. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%. Equities research analysts predict that Paysafe Limited will post 1.6 earnings per share for the current year.

Paysafe 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.