Arrowstreet Capital Limited Partnership Sells 154,983 Shares of Paysafe Limited $PSFE

Key Points

• Arrowstreet Capital cut its Paysafe stake by 51.2% in the first quarter, selling 154,983 shares and retaining 147,961 shares worth approximately $1.01 million. Institutional investors collectively own 54.39% of Paysafe.
• Analyst sentiment remains weak: Paysafe has an average “Reduce” rating and a consensus price target of $9.88, with ratings spanning one Buy, two Holds, and three Sells.
• Paysafe reported quarterly EPS of $0.41, slightly above estimates, while revenue of $442.72 million exceeded forecasts. However, the company remains unprofitable on a net-margin basis, and its stock opened at $7.51—down 6.4%.

Arrowstreet Capital Limited Partnership lessened its stake in Paysafe Limited (NYSE:PSFE - Free Report) by 51.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,961 shares of the company's stock after selling 154,983 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.29% of Paysafe worth $1,008,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PSFE. Tower Research Capital LLC TRC lifted its holdings in shares of Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company's stock valued at $70,000 after purchasing an additional 3,266 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Paysafe in the 4th quarter valued at approximately $83,000. Directional Asset Management acquired a new stake in Paysafe in the 4th quarter valued at approximately $93,000. Mercer Global Advisors Inc. ADV bought a new stake in Paysafe in the 4th quarter valued at approximately $93,000. Finally, Quantbot Technologies LP acquired a new position in Paysafe during the 2nd quarter worth approximately $106,000. Institutional investors own 54.39% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Zacks Research cut shares of Paysafe from a "hold" rating to a "strong sell" rating in a report on Wednesday, July 15th. Susquehanna reissued a "neutral" rating and set a $10.00 price target (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. UBS Group restated a "sell" rating and set a $7.50 price objective (up from $6.75) on shares of Paysafe in a research note on Thursday, May 14th. Wall Street Zen cut Paysafe from a "buy" rating to a "hold" rating in a report on Monday. Finally, BTIG Research lowered their target price on Paysafe from $12.00 to $11.00 and set a "buy" rating on the stock in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Paysafe has an average rating of "Reduce" and a consensus target price of $9.88.

Insider Buying and Selling at Paysafe

In related news, insider Richard Swales sold 10,000 shares of the 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 sale, the insider owned 44,456 shares in the company, valued at approximately $341,866.64. This represents a 18.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Paysafe Stock Down 6.4%

Paysafe stock opened at $7.51 on Friday. The company has a debt-to-equity ratio of 4.03, a current ratio of 1.16 and a quick ratio of 1.16. The company's 50-day moving average is $7.66 and its 200-day moving average is $7.50. The firm has a market capitalization of $388.38 million, a PE ratio of -2.13 and a beta of 1.74. Paysafe Limited has a fifty-two week low of $5.95 and a fifty-two week high of $15.02.

Paysafe (NYSE:PSFE - Get Free Report) last issued its 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 business had revenue of $442.72 million during the quarter, compared to the consensus estimate of $424.41 million. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%.

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.

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