Paysign (NASDAQ:PAYS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Paysign (NASDAQ:PAYS) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Other equities research analysts have also issued reports about the company. Barrington Research set a $11.00 target price on Paysign in a research report on Monday, August 3rd. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. DA Davidson increased their price target on shares of Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Lake Street Capital restated a “buy” rating and set a $13.00 price target on shares of Paysign in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign has a consensus rating of “Buy” and an average target price of $12.00.

Paysign Stock Up 0.4%

PAYS stock opened at $12.53 on Friday. The firm has a market cap of $707.44 million, a PE ratio of 48.19 and a beta of 0.74. The business has a 50 day moving average of $8.40 and a 200-day moving average of $6.17. Paysign has a 12-month low of $3.08 and a 12-month high of $12.89.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $28.25 million during the quarter, compared to the consensus estimate of $26.36 million. Paysign had a return on equity of 31.70% and a net margin of 15.67%.Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, research analysts expect that Paysign will post 0.58 earnings per share for the current year.

Insider Buying and Selling at Paysign

In other Paysign news, Director Bruce A. Mina sold 10,000 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the transaction, the director directly owned 258,500 shares of the company’s stock, valued at approximately $1,832,765. This represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark Newcomer sold 150,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $11.88, for a total value of $1,782,000.00. Following the completion of the sale, the chief executive officer directly owned 9,163,002 shares of the company’s stock, valued at $108,856,463.76. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 371,736 shares of company stock valued at $3,585,479. Company insiders own 24.50% of the company’s stock.

Institutional Investors Weigh In On Paysign

Large investors have recently added to or reduced their stakes in the company. Topline Capital Management LLC lifted its holdings in Paysign by 1.6% during the second quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company’s stock valued at $39,037,000 after purchasing an additional 85,591 shares during the last quarter. BlackRock Inc. bought a new position in Paysign during the second quarter worth about $25,219,000. Punch & Associates Investment Management Inc. increased its stake in shares of Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after purchasing an additional 595,650 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Paysign by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock valued at $11,450,000 after purchasing an additional 29,150 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after purchasing an additional 227,300 shares during the period. Hedge funds and other institutional investors own 25.89% of the company’s stock.

About Paysign

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.