Paysign (NASDAQ:PAYS) Insider Michael Ngo Sells 79,925 Shares of Stock

Paysign, Inc. (NASDAQ:PAYS) insider Michael Ngo sold 79,925 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $12.74, for a total value of $1,018,244.50. Following the sale, the insider directly owned 2,350,000 shares of the company’s stock, valued at $29,939,000. This represents a 3.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Paysign Price Performance

PAYS stock opened at $13.34 on Friday. Paysign, Inc. has a one year low of $3.08 and a one year high of $14.43. The stock has a market cap of $753.18 million, a price-to-earnings ratio of 51.31 and a beta of 0.80. The company has a fifty day moving average price of $11.07 and a two-hundred day moving average price of $7.69.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. The company had revenue of $28.25 million for the quarter, compared to analyst estimates of $26.36 million. Paysign had a net margin of 15.67% and a return on equity of 30.13%. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. Research analysts anticipate that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PAYS shares. Lake Street Capital restated a “buy” rating and set a $13.00 price objective on shares of Paysign in a research report on Thursday, August 6th. DA Davidson upped their target price on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Barrington Research set a $15.00 price objective on Paysign in a report on Tuesday, August 11th. Finally, Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $13.33.

Institutional Investors Weigh In On Paysign

A number of large investors have recently bought and sold shares of PAYS. California State Teachers Retirement System lifted its position in shares of Paysign by 114.4% during the 2nd quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after buying an additional 2,155 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Paysign by 4.7% in the second quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock worth $351,000 after acquiring an additional 2,183 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Paysign by 19.1% in the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock valued at $122,000 after purchasing an additional 2,716 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of Paysign by 18.0% in the 3rd quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock valued at $112,000 after purchasing an additional 2,723 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Paysign by 11.6% during the 3rd quarter. Alliancebernstein L.P. now owns 29,930 shares of the company’s stock valued at $188,000 after purchasing an additional 3,100 shares during the last quarter. 25.89% of the stock is currently owned by institutional investors and hedge funds.

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.