Mark Newcomer Sells 50,000 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) CEO Mark Newcomer sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $9.38, for a total value of $469,000.00. Following the completion of the transaction, the chief executive officer directly owned 9,222,027 shares in the company, valued at $86,502,613.26. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Down 2.2%

Shares of Paysign stock opened at $8.96 on Friday. The stock has a market capitalization of $500.95 million, a P/E ratio of 52.71 and a beta of 0.72. The stock has a 50 day moving average price of $7.95 and a two-hundred day moving average price of $5.90. Paysign, Inc. has a 12-month low of $3.08 and a 12-month high of $9.49.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. Paysign had a return on equity of 21.74% and a net margin of 11.38%.The company 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. Sell-side analysts anticipate that Paysign, Inc. will post 0.5 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of Paysign in the second quarter worth $30,000. BNP Paribas Financial Markets raised its stake in Paysign by 99.8% during the 3rd 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 raised its stake in Paysign by 381.5% during the 4th 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 bought a new stake in Paysign in the 1st quarter valued at $51,000. Finally, SG Americas Securities LLC bought a new stake in Paysign in the 4th quarter valued at $52,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on PAYS shares. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. DA Davidson restated a “buy” rating and set a $9.00 price target on shares of Paysign in a report on Wednesday, May 13th. Finally, Wall Street Zen cut shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Paysign presently has a consensus rating of “Buy” and a consensus target price of $10.00.

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.