Paysafe Limited $PSFE is Fidelity National Financial Inc.’s 10th Largest Position

Fidelity National Financial Inc. lowered its stake in Paysafe Limited (NYSE:PSFEFree Report) by 40.0% 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 2,250,002 shares of the company’s stock after selling 1,500,000 shares during the period. Paysafe makes up approximately 0.6% of Fidelity National Financial Inc.’s investment portfolio, making the stock its 10th biggest position. Fidelity National Financial Inc. owned 3.76% of Paysafe worth $18,203,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PSFE. Tower Research Capital LLC TRC grew its position 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 acquiring an additional 3,266 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in Paysafe in the fourth quarter worth about $83,000. Directional Asset Management purchased a new position in Paysafe in the fourth quarter worth about $93,000. Quantbot Technologies LP purchased a new position in Paysafe in the second quarter worth about $106,000. Finally, FourThought Financial Partners LLC purchased a new position in Paysafe in the fourth quarter worth about $111,000. Hedge funds and other institutional investors own 54.39% of the company’s stock.

Paysafe Stock Performance

Paysafe stock opened at $6.89 on Thursday. The company has a 50 day moving average price of $7.94 and a 200-day moving average price of $7.57. 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 Limited has a fifty-two week low of $5.95 and a fifty-two week high of $15.02. The company has a market capitalization of $355.82 million, a PE ratio of -1.95, a P/E/G ratio of 0.24 and a beta of 1.76.

Paysafe (NYSE:PSFEGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%. The firm had revenue of $442.72 million during the quarter, compared to the consensus estimate of $424.41 million. As a group, equities analysts forecast that Paysafe Limited will post 1.6 earnings per share for the current year.

Insider Buying and Selling at Paysafe

In other news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $7.69, for a total transaction of $76,900.00. Following the completion of the sale, the insider owned 44,456 shares of the company’s stock, valued at approximately $341,866.64. The trade was a 18.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings lowered Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Susquehanna reiterated a “neutral” rating and issued a $10.00 price target (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. UBS Group reiterated a “sell” rating and issued a $7.50 price target (up from $6.75) on shares of Paysafe in a research report on Thursday, May 14th. Zacks Research lowered Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $11.00 price target (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. One 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. According to data from MarketBeat.com, Paysafe presently has a consensus rating of “Reduce” and an average target price of $10.13.

Read Our Latest Report on PSFE

Paysafe Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Paysafe (NYSE:PSFE)

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