Paysign (NASDAQ:PAYS) Hits New 1-Year High – What’s Next?

Paysign, Inc. (NASDAQ:PAYS) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $9.37 and last traded at $9.3450, with a volume of 171719 shares. The stock had previously closed at $9.12.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Paysign in a research report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $10.00.

Paysign Stock Performance

The firm has a market cap of $512.10 million, a PE ratio of 53.88 and a beta of 0.72. The stock has a 50-day simple moving average of $7.90 and a two-hundred day simple moving average of $5.88.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. As a group, sell-side analysts anticipate that Paysign, Inc. will post 0.5 EPS for the current fiscal year.

Insider Transactions at Paysign

In related news, EVP Joan M. Herman sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $8.01, for a total value of $801,000.00. Following the sale, the executive vice president owned 707,009 shares in the company, valued at approximately $5,663,142.09. This trade represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 valued at $1,239,315 in the last 90 days. Company insiders own 24.50% of the company’s stock.

Institutional Investors Weigh In On Paysign

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in shares of Paysign in the 2nd quarter worth $30,000. BNP Paribas Financial Markets increased its position in Paysign by 99.8% during the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after acquiring an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted 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 acquiring an additional 7,825 shares during the period. Jane Street Group LLC bought a new position in Paysign in the first quarter valued at about $51,000. Finally, SG Americas Securities LLC purchased a new position in Paysign in the fourth quarter worth about $52,000. 25.89% of the stock is currently owned by hedge funds and other institutional investors.

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.