Sanjay Kalra Sells 2,909 Shares of Paymentus (NYSE:PAY) Stock

Paymentus Holdings, Inc. (NYSE:PAY) CFO Sanjay Kalra sold 2,909 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $40.25, for a total value of $117,087.25. Following the completion of the sale, the chief financial officer owned 505,597 shares of the company’s stock, valued at $20,350,279.25. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Sanjay Kalra also recently made the following trade(s):

• On Tuesday, August 4th, Sanjay Kalra sold 25,000 shares of Paymentus stock. The stock was sold at an average price of $41.21, for a total value of $1,030,250.00.

Paymentus Trading Down 4.0%

NYSE PAY opened at $38.53 on Friday. The business’s 50-day moving average price is $27.13 and its two-hundred day moving average price is $26.19. Paymentus Holdings, Inc. has a 12 month low of $20.11 and a 12 month high of $45.31. The firm has a market capitalization of $4.85 billion, a PE ratio of 58.38 and a beta of 1.29.

Paymentus (NYSE:PAY) last issued its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $360.74 million during the quarter, compared to the consensus estimate of $345.44 million. Paymentus had a return on equity of 15.26% and a net margin of 6.24%.The firm’s revenue was up 28.8% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. As a group, analysts forecast that Paymentus Holdings, Inc. will post 0.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paymentus

Institutional investors have recently added to or reduced their stakes in the business. Wasatch Advisors LP grew its position in shares of Paymentus by 82.2% during the 4th quarter. Wasatch Advisors LP now owns 8,553,165 shares of the business services provider’s stock worth $270,194,000 after buying an additional 3,859,056 shares during the period. Capital International Investors lifted its position in shares of Paymentus by 6.6% during the 4th quarter. Capital International Investors now owns 7,655,433 shares of the business services provider’s stock valued at $241,835,000 after acquiring an additional 474,780 shares during the period. Vanguard Group Inc. boosted its stake in Paymentus by 20.7% during the fourth quarter. Vanguard Group Inc. now owns 4,391,890 shares of the business services provider’s stock worth $138,740,000 after acquiring an additional 753,281 shares in the last quarter. Invesco Ltd. boosted its stake in Paymentus by 115.8% during the third quarter. Invesco Ltd. now owns 3,788,090 shares of the business services provider’s stock worth $115,916,000 after acquiring an additional 2,032,819 shares in the last quarter. Finally, Capital World Investors grew its holdings in Paymentus by 4.4% in the fourth quarter. Capital World Investors now owns 2,499,583 shares of the business services provider’s stock worth $78,962,000 after purchasing an additional 105,970 shares during the period. 78.38% of the stock is owned by institutional investors and hedge funds.

Paymentus News Summary

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.

Wall Street Analysts Forecast Growth

PAY has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of Paymentus from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Wolfe Research reiterated an “outperform” rating and set a $44.00 price objective on shares of Paymentus in a research report on Tuesday. Robert W. Baird lifted their target price on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday. Wedbush boosted their target price on shares of Paymentus from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group upped their price target on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $38.67.

About Paymentus

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.