Paysign (NASDAQ:PAYS) EVP Sells 100,000 Shares of Stock

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 100,000 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the sale, the executive vice president directly owned 707,009 shares of the company’s stock, valued at $5,663,142.09. This represents a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Down 1.6%

Shares of Paysign stock traded down $0.13 during trading on Tuesday, hitting $8.19. The stock had a trading volume of 701,449 shares, compared to its average volume of 590,228. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $8.88. The stock has a 50 day simple moving average of $6.83 and a 200 day simple moving average of $5.33. The company has a market capitalization of $457.90 million, a PE ratio of 48.18 and a beta of 0.73.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Paysign had a net margin of 11.38% and a return on equity of 21.74%. The firm had revenue of $28.04 million during the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. As a group, equities analysts expect that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paysign

Several hedge funds have recently bought and sold shares of the business. Punch & Associates Investment Management Inc. boosted its stake in shares of Paysign by 164.6% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 1,462,560 shares of the company’s stock worth $7,532,000 after acquiring an additional 909,825 shares in the last quarter. Royce & Associates LP lifted its holdings in Paysign by 150.0% in the 3rd quarter. Royce & Associates LP now owns 622,577 shares of the company’s stock worth $3,916,000 after purchasing an additional 373,519 shares during the last quarter. Two Sigma Investments LP lifted its holdings in Paysign by 139.5% in the 3rd quarter. Two Sigma Investments LP now owns 504,887 shares of the company’s stock worth $3,176,000 after purchasing an additional 294,041 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Paysign during the third quarter worth approximately $1,640,000. Finally, Marshall Wace LLP bought a new stake in Paysign during the second quarter worth approximately $1,716,000. 25.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PAYS. DA Davidson reiterated a “buy” rating and set a $9.00 price target on shares of Paysign in a report on Wednesday, May 13th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 25th. Lake Street Capital boosted their price target on shares of Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Finally, Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $10.00.

Paysign Company Profile

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.