PagSeguro Digital Ltd. (NYSE:PAGS – Get Free Report) insider Da Silva Ricardo Dutra sold 25,000 shares of the firm’s stock in a transaction 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 transaction, the insider owned 25,000 shares in the company, valued at approximately $231,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
PagSeguro Digital Price Performance
Shares of NYSE PAGS traded up $0.14 during trading on Tuesday, hitting $9.53. The stock had a trading volume of 726,023 shares, compared to its average volume of 3,715,545. The firm has a fifty day moving average of $9.06 and a two-hundred day moving average of $9.93. The company has a market capitalization of $2.66 billion, a PE ratio of 7.01, a PEG ratio of 0.45 and a beta of 1.32. PagSeguro Digital Ltd. has a 12 month low of $7.74 and a 12 month high of $12.32.
PagSeguro Digital (NYSE:PAGS – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). PagSeguro Digital had a return on equity of 16.44% and a net margin of 10.40%.The firm had revenue of $642.01 million for the quarter, compared to analysts’ expectations of $952.64 million. On average, equities analysts expect that PagSeguro Digital Ltd. will post 1.69 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Analysis on PagSeguro Digital
Hedge Funds Weigh In On PagSeguro Digital
A number of hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC grew its stake in shares of PagSeguro Digital by 29.9% in the first quarter. Intech Investment Management LLC now owns 150,945 shares of the company’s stock worth $1,152,000 after acquiring an additional 34,787 shares during the period. Hsbc Holdings PLC lifted its position in PagSeguro Digital by 41.9% during the second quarter. Hsbc Holdings PLC now owns 44,955 shares of the company’s stock valued at $433,000 after purchasing an additional 13,279 shares during the period. Norges Bank purchased a new stake in PagSeguro Digital in the second quarter worth approximately $529,000. First Trust Advisors LP boosted its holdings in PagSeguro Digital by 9.7% in the second quarter. First Trust Advisors LP now owns 23,684 shares of the company’s stock worth $228,000 after purchasing an additional 2,098 shares during the last quarter. Finally, Amundi grew its position in PagSeguro Digital by 48.7% in the 2nd quarter. Amundi now owns 25,946 shares of the company’s stock worth $244,000 after purchasing an additional 8,500 shares during the period. Hedge funds and other institutional investors own 45.88% of the company’s stock.
About PagSeguro Digital
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.
Further Reading
- Five stocks we like better than PagSeguro Digital
- Is the Market Mispricing ServiceNow’s AI Future?
- Nano Nuclear’s Air Force Contract Puts Its Short-Squeeze Setup in Focus
- Amkor Sells Off After Earnings—Why Weak Guidance Isn’t the Real Story
- 5 Space Stocks Face a Brutal Correction: Which Ones Are Still Buys?
Receive News & Ratings for PagSeguro Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagSeguro Digital and related companies with MarketBeat.com's FREE daily email newsletter.
