Walleye Capital LLC Makes New $1.11 Million Investment in Paysign, Inc. $PAYS

Walleye Capital LLC bought a new stake in shares of Paysign, Inc. (NASDAQ:PAYS) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 188,143 shares of the company’s stock, valued at approximately $1,110,000.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Paysign in the 2nd quarter worth $30,000. BNP Paribas Financial Markets increased its holdings in Paysign by 99.8% in the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after purchasing an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Paysign by 381.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after purchasing an additional 7,825 shares during the last quarter. Jane Street Group LLC acquired a new position in Paysign in the first quarter valued at about $51,000. Finally, SG Americas Securities LLC acquired a new position in Paysign in the fourth quarter valued at about $52,000. Institutional investors and hedge funds own 25.89% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Paysign from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. DA Davidson restated a “buy” rating and set a $9.00 price objective on shares of Paysign in a report on Wednesday, May 13th. Finally, Weiss Ratings downgraded shares of Paysign from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.

Paysign Trading Up 3.6%

PAYS stock opened at $8.69 on Friday. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $9.30. The firm has a market cap of $485.82 million, a PE ratio of 51.12 and a beta of 0.72. The business’s 50-day moving average price is $7.66 and its two-hundred day moving average price is $5.76.

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

Insider Activity

In related news, EVP Joan M. Herman sold 100,000 shares of the firm’s stock in a transaction 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 is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 158,403 shares of company stock worth $1,239,315 over the last ninety days. 24.50% of the stock is owned by corporate insiders.

Paysign Company 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.