Paysign (NASDAQ:PAYS) Director Bruce Mina Sells 10,000 Shares

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $7.10, for a total transaction of $71,000.00. Following the completion of the sale, the director directly owned 268,500 shares of the company’s stock, valued at $1,906,350. This represents a 3.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Paysign Trading Down 2.2%

Shares of PAYS opened at $8.96 on Friday. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $9.49. The firm’s 50 day moving average is $7.95 and its 200-day moving average is $5.90. The stock has a market capitalization of $500.95 million, a PE ratio of 52.71 and a beta of 0.72.

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

Wall Street Analysts Forecast Growth

PAYS has been the subject of several recent analyst reports. DA Davidson reaffirmed a “buy” rating and set a $9.00 price objective on shares of Paysign in a research report on Wednesday, May 13th. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, Wall Street Zen downgraded shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $10.00.

Institutional Investors Weigh In On Paysign

A number of large investors have recently modified their holdings of PAYS. Raymond James Financial Inc. bought a new position in shares of Paysign in the 2nd quarter valued at $30,000. BNP Paribas Financial Markets lifted its position in shares of Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after buying an additional 3,453 shares during the last quarter. Quarry LP bought a new stake in shares of Paysign during the 3rd quarter worth $54,000. Caitong International Asset Management Co. Ltd boosted its stake in Paysign by 381.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after buying an additional 7,825 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Paysign in the fourth quarter valued at about $52,000. Institutional investors and hedge funds own 25.89% of the company’s stock.

About Paysign

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.