Lisanti Capital Growth LLC bought a new stake in Paysign, Inc. (NASDAQ:PAYS – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 62,205 shares of the company’s stock, valued at approximately $839,000. Lisanti Capital Growth LLC owned about 0.11% of Paysign at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alps Advisors Inc. purchased a new position in shares of Paysign in the 3rd quarter worth about $610,000. Calamos Advisors LLC acquired a new position in shares of Paysign in the 3rd quarter valued at about $176,000. XML Financial LLC purchased a new stake in shares of Paysign during the 3rd quarter worth about $223,000. D.A. Davidson & CO. grew its holdings in shares of Paysign by 38.4% during the 3rd quarter. D.A. Davidson & CO. now owns 18,323 shares of the company’s stock worth $247,000 after purchasing an additional 5,082 shares during the period. Finally, Verdence Capital Advisors LLC grew its holdings in shares of Paysign by 28.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 73,114 shares of the company’s stock worth $986,000 after purchasing an additional 16,336 shares during the period. Institutional investors and hedge funds own 25.89% of the company’s stock.
Key Paysign News
These are some of the PAYS news items that stood out recently:
- Positive Sentiment: Ladenburg Thalmann raised its price target to $15.25 from $14.00 and reiterated a Buy rating. Ladenburg Thalmann ratings
- Neutral Sentiment: DA Davidson lowered its target to $14 from $15 but maintained a Buy rating, suggesting its outlook remains positive despite a reduced valuation estimate. DA Davidson ratings
- Negative Sentiment: The company’s 2026 adjusted EPS guidance of $0.37–$0.38 is below the $0.51 analyst consensus. Revenue guidance of $114 million–$117 million is broadly around consensus, but a customer’s pullback raised concerns about future revenue. These outlook concerns appear to be the main source of pressure on the stock. Paysign Falls as Customer’s Pullback Weighs on Future Revenue
Paysign Price Performance
Shares of NASDAQ PAYS opened at $9.48 on Thursday. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $16.15. The company has a market capitalization of $535.24 million, a price-to-earnings ratio of 30.73 and a beta of 0.92. The business has a 50-day moving average of $13.76 and a 200-day moving average of $8.66.
Paysign (NASDAQ:PAYS – Get Free Report) last released its quarterly earnings results on Monday, November 9th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Paysign had a return on equity of 37.20% and a net margin of 18.48%. The firm had revenue of $30.80 million during the quarter, compared to analysts’ expectations of $29.02 million. Research analysts expect that Paysign, Inc. will post 0.38 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently commented on the stock. Lake Street Capital raised their price target on shares of Paysign from $13.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Weiss Ratings raised shares of Paysign from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Barrington Research set a $15.00 price objective on shares of Paysign in a research note on Tuesday, August 11th. DA Davidson dropped their price objective on shares of Paysign from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Ladenburg Thalmann & Co. Inc. increased their price objective on shares of Paysign from $14.00 to $15.25 and gave the stock a “buy” rating in a research report on Wednesday. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $14.81.
View Our Latest Report on PAYS
Insider Transactions at Paysign
In other news, EVP Joan Herman sold 38,900 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $11.74, for a total value of $456,686.00. Following the completion of the transaction, the executive vice president directly owned 609,421 shares in the company, valued at approximately $7,154,602.54. This represents a 6.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $1,018,244.50. Following the sale, the insider directly owned 2,350,000 shares of the company’s stock, valued at approximately $29,939,000. The trade was a 3.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 259,904 shares of company stock valued at $3,402,424. Corporate insiders own 24.50% of the company’s stock.
Paysign Profile
Paysign, Inc. provides prepaid card programs, payment processing and related financial technology services. Its platform supports organizations that need to distribute funds and manage payments, including businesses in the healthcare sector. The company serves plasma collection centers with donor compensation and payment solutions, and works with pharmaceutical companies on patient assistance and affordability programs. Its services also support payments for clinical trials and other disbursement needs.
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