Paysign (NASDAQ:PAYS) EVP Sells $801,000.00 in Stock

Paysign, Inc. (NASDAQ:PAYSGet Free Report) EVP Joan Herman sold 100,000 shares of Paysign stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the sale, the executive vice president directly owned 707,009 shares in the company, valued at $5,663,142.09. This trade represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Price Performance

Shares of NASDAQ:PAYS opened at $8.26 on Friday. Paysign, Inc. has a one year low of $3.08 and a one year high of $8.88. The company has a market cap of $461.82 million, a price-to-earnings ratio of 48.59 and a beta of 0.72. The firm has a 50 day simple moving average of $6.91 and a 200 day simple moving average of $5.37.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PAYS. Raymond James Financial Inc. bought a new stake in shares of Paysign in the 2nd quarter valued at about $30,000. BNP Paribas Financial Markets raised its position in shares of Paysign by 99.8% during the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after acquiring an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Paysign by 381.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after acquiring an additional 7,825 shares during the period. Jane Street Group LLC acquired a new position in shares of Paysign in the first quarter worth approximately $51,000. Finally, SG Americas Securities LLC bought a new stake in Paysign in the fourth quarter valued at approximately $52,000. 25.89% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Lake Street Capital lifted their price target on Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 25th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Paysign in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Paysign currently has an average rating of “Buy” and a consensus price target of $10.00.

Get Our Latest Analysis on Paysign

About Paysign

(Get Free Report)

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.

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