Teacher Retirement System of Texas Grows Holdings in Payoneer Global Inc. (NASDAQ:PAYO)

Market Beat
2025.03.26 08:03
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Teacher Retirement System of Texas significantly increased its holdings in Payoneer Global Inc. (NASDAQ:PAYO) by 2,279.5% in Q4, owning 289,963 shares valued at $2.91 million. Other institutional investors also adjusted their stakes. Payoneer Global's stock opened at $7.78, with a market cap of $2.80 billion. The company reported Q4 earnings of $0.05 EPS, missing estimates, but revenue exceeded expectations at $261.74 million. Analyst ratings varied, with some lowering targets and others maintaining buy ratings.