Insider Selling: Paysign (NASDAQ:PAYS) Director Sells $70,900.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the sale, the director owned 258,500 shares in the company, valued at $1,832,765. This trade represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Paysign Stock Performance

Shares of PAYS opened at $8.96 on Monday. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $9.49. The firm’s 50 day moving average price is $7.95 and its two-hundred day moving average price is $5.91. The firm has a market cap of $500.92 million, a P/E ratio of 52.71 and a beta of 0.72.

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

Analysts Set New Price Targets

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

Institutional Trading of Paysign

Hedge funds have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Paysign by 27.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 56,395 shares of the company’s stock worth $462,000 after buying an additional 12,223 shares during the period. Militia Capital Management LLC bought a new stake in shares of Paysign during the first quarter worth approximately $471,000. Bank of America Corp DE boosted its holdings in shares of Paysign by 345.9% during the first quarter. Bank of America Corp DE now owns 130,930 shares of the company’s stock worth $772,000 after acquiring an additional 101,568 shares during the period. Punch & Associates Investment Management Inc. grew its position in shares of Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock valued at $12,143,000 after purchasing an additional 595,650 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after purchasing an additional 227,300 shares during the last quarter. 25.89% of the stock is owned by institutional investors and hedge funds.

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.