PagSeguro Digital Ltd. (NYSE:PAGS) Shares Sold by Sylebra Capital LLC

Sylebra Capital LLC lowered its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 8.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,935,499 shares of the company's stock after selling 774,797 shares during the quarter. PagSeguro Digital comprises 2.3% of Sylebra Capital LLC's portfolio, making the stock its 9th largest holding. Sylebra Capital LLC owned approximately 2.41% of PagSeguro Digital worth $68,325,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd boosted its position in PagSeguro Digital by 82.5% during the second quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company's stock worth $47,000 after purchasing an additional 1,800 shares during the period. Family Firm Inc. bought a new stake in PagSeguro Digital during the second quarter worth approximately $50,000. EverSource Wealth Advisors LLC bought a new stake in PagSeguro Digital during the second quarter worth approximately $74,000. Quarry LP boosted its position in PagSeguro Digital by 156.2% during the second quarter. Quarry LP now owns 6,242 shares of the company's stock worth $73,000 after purchasing an additional 3,806 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in PagSeguro Digital by 26.8% during the second quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company's stock worth $79,000 after purchasing an additional 1,421 shares during the period. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Price Performance

Shares of NYSE PAGS traded down $0.05 during trading hours on Tuesday, reaching $7.09. The stock had a trading volume of 6,542,078 shares, compared to its average volume of 4,221,653. The business's fifty day moving average is $8.00 and its two-hundred day moving average is $10.30. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 5.86, a PEG ratio of 0.36 and a beta of 1.92. PagSeguro Digital Ltd. has a twelve month low of $6.94 and a twelve month high of $14.98.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Bank of America reiterated a "neutral" rating on shares of PagSeguro Digital in a report on Tuesday. The Goldman Sachs Group cut their price target on PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a report on Friday, November 15th. Barclays cut their price target on PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating for the company in a report on Tuesday, October 15th. Susquehanna cut their price target on PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating for the company in a report on Monday, November 18th. Finally, Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price target for the company. in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $14.36.

PagSeguro Digital Profile

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.