Cwm LLC Has $26,000 Stake in Paysafe Limited (NYSE:PSFE)

Cwm LLC increased its stake in shares of Paysafe Limited (NYSE:PSFE) by 596.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,470 shares of the company’s stock after buying an additional 1,259 shares during the quarter. Cwm LLC’s holdings in Paysafe were worth $26,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PSFE. New York State Common Retirement Fund grew its holdings in Paysafe by 21.4% during the fourth quarter. New York State Common Retirement Fund now owns 17,106 shares of the company’s stock worth $219,000 after buying an additional 3,016 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in Paysafe by 16.7% during the first quarter. Gamco Investors INC. ET AL now owns 20,650 shares of the company’s stock worth $326,000 after buying an additional 2,950 shares in the last quarter. Quadrature Capital Ltd bought a new stake in Paysafe during the fourth quarter worth $366,000. Jump Financial LLC grew its holdings in Paysafe by 26.0% during the fourth quarter. Jump Financial LLC now owns 37,900 shares of the company’s stock worth $485,000 after buying an additional 7,817 shares in the last quarter. Finally, Aigen Investment Management LP bought a new stake in Paysafe during the fourth quarter worth $548,000. Institutional investors own 54.39% of the company’s stock.

Paysafe Stock Up 3.5 %

Shares of NYSE:PSFE opened at $21.60 on Friday. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market capitalization of $1.31 billion, a PE ratio of -98.18, a price-to-earnings-growth ratio of 0.52 and a beta of 1.91. Paysafe Limited has a 1 year low of $9.25 and a 1 year high of $21.95. The business has a fifty day moving average price of $19.35 and a two-hundred day moving average price of $16.79.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Royal Bank of Canada upped their price target on Paysafe from $20.00 to $25.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 14th. Susquehanna upped their price objective on Paysafe from $16.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, August 15th. Finally, UBS Group upped their price objective on Paysafe from $16.50 to $17.00 and gave the company a “sell” rating in a research note on Wednesday, August 14th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $18.27.

About Paysafe

Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.