Paysign (NASDAQ:PAYS) Director Sells $71,000.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $7.10, for a total value of $71,000.00. Following the completion of the sale, the director directly owned 268,500 shares in the company, valued at $1,906,350. This trade represents a 3.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Paysign Price Performance

Shares of PAYS stock opened at $8.96 on Monday. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $9.49. The firm has a market cap of $500.92 million, a PE ratio of 52.71 and a beta of 0.72. The stock has a 50 day moving average of $7.95 and a 200-day moving average of $5.91.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.09 earnings per share (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 business 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, equities analysts predict that Paysign, Inc. will post 0.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Paysign

A number of hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in shares of Paysign by 7.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company’s stock worth $548,000 after buying an additional 17,466 shares during the period. Jane Street Group LLC bought a new stake in Paysign in the first quarter valued at $51,000. Rhumbline Advisers grew its position in Paysign by 5.2% in the first quarter. Rhumbline Advisers now owns 46,587 shares of the company’s stock valued at $99,000 after acquiring an additional 2,303 shares during the period. Geode Capital Management LLC raised its stake in Paysign by 1.6% during the second quarter. Geode Capital Management LLC now owns 788,500 shares of the company’s stock worth $5,679,000 after acquiring an additional 12,490 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Paysign by 19.1% during the second quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock worth $122,000 after acquiring an additional 2,716 shares in the last quarter. 25.89% of the stock is owned by institutional investors and hedge funds.

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.