PagSeguro Digital took a major hit after Citigroup analyst Gustavo Schroden cut the stock to Neutral from Buy and slashed his price target by nearly two-fifths. The downgrade coincides with a brutal 25% single-day selloff and a 23% weekly decline. The Brazilian payments processor now trades at $8.56, well below Schroden's $8 target. Short interest surged 23% in one day to 11.3% of float, the highest level recorded. Options traders have positioned defensively, with the put-call ratio hitting 0.77, its 52-week high, signaling fear. Director Alexandre Magnani has been dumping shares aggressively, selling over 550,000 shares in recent weeks at prices above current levels. The company reports earnings on November 12.
PAGS downgraded to Neutral by Citigroup, price target slashed 38% to $8 from $13.
PagSeguro Digital took a major hit after Citigroup analyst Gustavo Schroden cut the stock to Neutral from Buy and slashed his price target by nearly two-fifths. The downgrade coincides with a brutal 25% single-day selloff and a 23% weekly decline. The Brazilian payments processor now trades at $8.56, well below Schroden's $8 target. Short interest surged 23% in one day to 11.3% of float, the highest level recorded. Options traders have positioned defensively, with the put-call ratio hitting 0.77, its 52-week high, signaling fear. Director Alexandre Magnani has been dumping shares aggressively, selling over 550,000 shares in recent weeks at prices above current levels. The company reports earnings on November 12.
Key data as of 3 Nov 2026
PAGS downgraded to Neutral by Citigroup, price target slashed 38% to $8 from $13.
PAGS short interest surges 23% in one day to 11.3% of float, driven by director selling and analyst downgrade.
PAGS fell 25% on 27 October as a Citigroup downgrade, a surge in short positions, insider selling and a record put-call ratio converged on the Brazilian fintech in a single session. Short interest jumped 23% in one day…
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