PagSeguro Digital Ltd.

PAGS · Services-Computer Processing & Data Preparation · EDGAR filings ↗

Reference price $11.26 — last insider sale, 2026-04-17 (estimated from the dated SEC Form 4 price — not a live quote)

Grade

C59

Brazilian payments franchise with decent net margin and ROE but declining revenue.

ROE 14.4% and net margin 11.3% (65th pct); established merchant ecosystem with cross-sell
Manageable leverage (D/E 0.31)

Revenue down 7.5% (11th pct); negative FCF/OCF margins (financial-services receivable funding, but pressures liquidity)
Brazil macro/FX, interest-rate and intense fintech competition risk

Cash burnNegative free cash flow (-735.5M)
Insider buyingInsider buying — 2 open-market buy(s) by 1 insider(s) (~$5M, last 6mo) Form 4 ↗
China exposure• A failure to comply with export controls or economic sanctions laws and regulations could have a material adverse impact on our results of operations, financial condition and reputation
Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$2M, last 6mo) Form 4 ↗

Net margin

11.3%

Return on equity

14.4%

Return on assets

2.9%

Revenue growth (QoQ)

-7.5%

Net-income growth

0.4%

Debt / equity

0.3×

Current ratio

1.5×

Free cash flow

-$735M

Tangible book value

$2.4B

Cash & investments

$150M

Cash runway

Date	Insider	Type	Shares	Price
2026-04-17	Magnani Alexandre Mr	Sell	200K	$11.26
2026-03-27	Frias Luis	Buy	249K	$9.99
2026-03-27	Frias Luis	Buy	249K	$9.94

All non-derivative Form 4 activity (SEC), newest first.

Form	Filed	Period	Accession
20-F	2026-04-29	2025-12-31	0001554855-26-000826 ↗
20-F	2025-04-29	2024-12-31	0001628280-25-020406 ↗
20-F	2024-04-29	2023-12-31	0001628280-24-018744 ↗
20-F	2023-04-28	2022-12-31	0001628280-23-014131 ↗
20-F	2022-05-02	2021-12-31	0001628280-22-011586 ↗
20-F	2021-04-27	2020-12-31	0001628280-21-007622 ↗
20-F	2020-04-22	2019-12-31	0001193125-20-115076 ↗
20-F	2019-04-16	2018-12-31	0001193125-19-106992 ↗
20-F	2018-04-06	2017-12-31	0001193125-18-110001 ↗