Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) Director Gary Trainor sold 80,000 shares of Paymentus stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $40.79, for a total transaction of $3,263,200.00. Following the transaction, the director directly owned 509,888 shares in the company, valued at $20,798,331.52. This trade represents a 13.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Gary Trainor also recently made the following trade(s):
- On Tuesday, July 28th, Gary Trainor sold 40,000 shares of Paymentus stock. The shares were sold at an average price of $33.12, for a total transaction of $1,324,800.00.
Paymentus Stock Down 4.0%
Shares of NYSE:PAY opened at $38.53 on Friday. The stock has a market cap of $4.85 billion, a PE ratio of 58.38 and a beta of 1.29. The company’s fifty day moving average is $27.13 and its 200 day moving average is $26.19. Paymentus Holdings, Inc. has a 52 week low of $20.11 and a 52 week high of $45.31.
Hedge Funds Weigh In On Paymentus
A number of institutional investors have recently bought and sold shares of the stock. KBC Group NV bought a new stake in shares of Paymentus during the first quarter valued at approximately $41,000. Blue Trust Inc. lifted its position in Paymentus by 186.8% during the fourth quarter. Blue Trust Inc. now owns 2,025 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,319 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Paymentus during the 4th quarter valued at $80,000. Orange County Employees Retirement System purchased a new stake in shares of Paymentus in the 4th quarter worth about $150,000. Finally, Advisors Asset Management Inc. increased its stake in shares of Paymentus by 26.0% in the 4th quarter. Advisors Asset Management Inc. now owns 5,050 shares of the business services provider’s stock worth $160,000 after acquiring an additional 1,042 shares in the last quarter. 78.38% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Wolfe Research restated an “outperform” rating and issued a $44.00 target price on shares of Paymentus in a report on Tuesday. Robert W. Baird raised their price target on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday. The Goldman Sachs Group boosted their price objective on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday. Wedbush increased their target price on shares of Paymentus from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings upgraded Paymentus from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.67.
Check Out Our Latest Research Report on PAY
Key Stories Impacting Paymentus
Here are the key news stories impacting Paymentus this week:
- Positive Sentiment: Paymentus reported quarterly EPS of $0.25 versus the $0.19 consensus estimate, while revenue of $360.74 million exceeded expectations of $345.44 million. Revenue increased 28.8% year over year, and EPS more than doubled from $0.11 in the prior-year quarter, reinforcing the company’s growth story. Paymentus Shares Gap Up on Earnings Beat
- Positive Sentiment: An investment analysis identified acquisitions as a potential avenue for accelerating Paymentus’s growth. Successful deal execution could expand its bill-payment platform, customer base and long-term revenue opportunity, although acquisitions would also introduce integration and capital-allocation risks. Paymentus Holdings: Opportunities For Accelerated Growth Through Acquisitions
- Neutral Sentiment: Analyst reactions were generally constructive following the earnings report: Wolfe Research maintained an outperform rating with a $44 target, while Goldman Sachs raised its target to $40 but kept a neutral rating. Baird also raised its target to $38 with a neutral rating. The consensus rating remains “Moderate Buy,” but the average target of $38.67 suggests limited upside after the recent rally.
- Negative Sentiment: Director Gary Trainor sold 80,000 shares for approximately $3.26 million, reducing his position by 13.56%. CFO Sanjay Kalra sold 25,000 shares for about $1.03 million and an additional 2,909 shares for roughly $117,000. While executives retained sizable holdings, the cluster of insider sales can signal profit-taking and may pressure the stock, particularly after its sharp rise. Paymentus Insider Selling
- Negative Sentiment: Paymentus trades at a high earnings multiple—reported near 58–61 times earnings—leaving the stock sensitive to profit-taking and any slowdown in growth. The recent decline appears to reflect insider selling and valuation concerns offsetting the company’s strong earnings beat.
Paymentus Company Profile
Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions. Its platform enables businesses and government entities to manage the entire payment lifecycle, from electronic bill presentment and real-time payment processing to reconciliation and reporting. Through web portals, mobile applications, interactive voice response (IVR) systems and in-person channels, Paymentus helps clients streamline accounts receivable operations, enhance customer engagement and reduce operational costs.
Founded in 2004 and headquartered in Wilmington, Delaware, Paymentus has built a modular suite of services that can be tailored to the needs of various industries.
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