Beatrice Ordonez Sells 3,142 Shares of Payoneer Global Inc. (NASDAQ:PAYO) Stock

Payoneer Global Inc. (NASDAQ:PAYOGet Free Report) CFO Beatrice Ordonez sold 3,142 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $5.00, for a total transaction of $15,710.00. Following the completion of the transaction, the chief financial officer now owns 2,123,486 shares in the company, valued at $10,617,430. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Beatrice Ordonez also recently made the following trade(s):

  • On Tuesday, January 23rd, Beatrice Ordonez sold 400 shares of Payoneer Global stock. The shares were sold at an average price of $5.00, for a total transaction of $2,000.00.

Payoneer Global Price Performance

Shares of PAYO opened at $5.03 on Monday. Payoneer Global Inc. has a fifty-two week low of $4.02 and a fifty-two week high of $7.05. The firm’s 50 day moving average price is $4.96 and its 200 day moving average price is $5.49. The company has a market cap of $1.82 billion, a P/E ratio of 35.93 and a beta of 0.80. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On Payoneer Global

Several large investors have recently added to or reduced their stakes in the business. US Bancorp DE purchased a new stake in Payoneer Global during the 4th quarter worth approximately $404,000. Aigen Investment Management LP purchased a new stake in Payoneer Global during the 4th quarter worth approximately $739,000. Hillsdale Investment Management Inc. increased its stake in Payoneer Global by 69,768.4% during the 4th quarter. Hillsdale Investment Management Inc. now owns 663,750 shares of the company’s stock worth $3,458,000 after buying an additional 662,800 shares during the period. UBS Group AG increased its stake in Payoneer Global by 382.8% during the 4th quarter. UBS Group AG now owns 138,901 shares of the company’s stock worth $724,000 after buying an additional 110,129 shares during the period. Finally, Dynamic Technology Lab Private Ltd increased its stake in Payoneer Global by 216.3% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 124,954 shares of the company’s stock worth $651,000 after buying an additional 85,450 shares during the period. 82.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PAYO. TheStreet raised shares of Payoneer Global from a “d” rating to a “c” rating in a research note on Wednesday, November 1st. The Goldman Sachs Group reduced their price target on shares of Payoneer Global from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, January 11th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $8.00 price target on shares of Payoneer Global in a research note on Tuesday, December 19th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $7.67.

View Our Latest Report on PAYO

Payoneer Global Company Profile

(Get Free Report)

Payoneer Global Inc operates a payment and commerce-enabling platform worldwide. It delivers a suite of services that includes cross-border payments, B2B accounts payable/accounts receivable, multi-currency account, physical and virtual Mastercard cards, working capital, merchant, tax, compliance and risk, and others.

Featured Articles

Insider Buying and Selling by Quarter for Payoneer Global (NASDAQ:PAYO)

Receive News & Ratings for Payoneer Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Payoneer Global and related companies with MarketBeat.com's FREE daily email newsletter.