Whitebox Advisors LLC Acquires Shares of 120,335 Paysafe Limited $PSFE

Whitebox Advisors LLC acquired a new position in shares of Paysafe Limited (NYSE:PSFE) during the first quarter, Holdings Channel reports. The fund acquired 120,335 shares of the company’s stock, valued at approximately $819,000.

Several other institutional investors have also recently made changes to their positions in PSFE. Geode Capital Management LLC lifted its position in shares of Paysafe by 1.8% during the second quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after purchasing an additional 7,155 shares in the last quarter. Quantbot Technologies LP purchased a new position in Paysafe during the second quarter worth about $106,000. Arrowstreet Capital Limited Partnership grew its position in Paysafe by 10.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company’s stock worth $4,963,000 after purchasing an additional 36,994 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Paysafe by 24.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company’s stock worth $566,000 after purchasing an additional 8,729 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Paysafe by 18.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock valued at $2,300,000 after buying an additional 28,812 shares during the last quarter. Institutional investors own 54.39% of the company’s stock.

Paysafe Stock Down 0.3%

PSFE opened at $7.93 on Monday. Paysafe Limited has a twelve month low of $5.95 and a twelve month high of $15.02. The company’s 50-day moving average price is $7.52 and its two-hundred day moving average price is $7.49. The stock has a market cap of $409.62 million, a price-to-earnings ratio of -2.25 and a beta of 1.74. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03.

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, topping the consensus estimate of $0.40 by $0.01. The company had revenue of $442.72 million during the quarter, compared to analyst estimates of $424.41 million. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. 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. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $11.00 target price (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. Wall Street Zen raised Paysafe from a “hold” rating to a “buy” rating in a research report on Sunday. Weiss Ratings lowered Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. Finally, BTIG Research upped their price objective on Paysafe from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $10.12.

Insiders Place Their Bets

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

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.