Royce & Associates LP Grows Position in Paysign, Inc. $PAYS

Royce & Associates LP increased its position in Paysign, Inc. (NASDAQ:PAYS) by 25.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 778,183 shares of the company’s stock after purchasing an additional 155,606 shares during the quarter. Royce & Associates LP’s holdings in Paysign were worth $4,008,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Common Retirement Fund lifted its stake in shares of Paysign by 2,943.3% in the 3rd quarter. New York State Common Retirement Fund now owns 385,732 shares of the company’s stock valued at $2,426,000 after purchasing an additional 373,057 shares during the period. Jane Street Group LLC lifted its stake in shares of Paysign by 289.6% in the 2nd quarter. Jane Street Group LLC now owns 93,438 shares of the company’s stock valued at $673,000 after purchasing an additional 69,455 shares during the period. Raymond James Financial Inc. purchased a new position in Paysign during the second quarter valued at $30,000. Occudo Quantitative Strategies LP raised its stake in Paysign by 23.5% during the second quarter. Occudo Quantitative Strategies LP now owns 39,453 shares of the company’s stock valued at $284,000 after buying an additional 7,516 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in Paysign during the second quarter valued at $91,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PAYS. Wall Street Zen upgraded Paysign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. DA Davidson reiterated a “buy” rating and set a $9.00 price objective on shares of Paysign in a research note on Wednesday, May 13th. Finally, Lake Street Capital lifted their price objective on Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $10.00.

Insider Activity at Paysign

In other Paysign news, EVP Joan M. Herman sold 22,534 shares of Paysign stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $7.01, for a total value of $157,963.34. Following the completion of the sale, the executive vice president owned 813,989 shares of the company’s stock, valued at approximately $5,706,062.89. This trade represents a 2.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 24.50% of the company’s stock.

Paysign Trading Up 1.1%

Shares of NASDAQ:PAYS opened at $7.27 on Friday. The stock has a fifty day simple moving average of $5.95 and a two-hundred day simple moving average of $5.00. The stock has a market capitalization of $406.44 million, a price-to-earnings ratio of 42.76 and a beta of 0.72. Paysign, Inc. has a 12-month low of $3.08 and a 12-month high of $8.88.

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

Paysign 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.