Gary Trainor Sells 80,000 Shares of Paymentus (NYSE:PAY) Stock

Paymentus Holdings, Inc. (NYSE:PAYGet Free Report) Director Gary Trainor sold 80,000 shares of Paymentus stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $40.79, for a total transaction of $3,263,200.00. Following the transaction, the director directly owned 509,888 shares in the company, valued at $20,798,331.52. This trade represents a 13.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Gary Trainor also recently made the following trade(s):

  • On Tuesday, July 28th, Gary Trainor sold 40,000 shares of Paymentus stock. The shares were sold at an average price of $33.12, for a total transaction of $1,324,800.00.

Paymentus Stock Down 4.0%

Shares of NYSE:PAY opened at $38.53 on Friday. The stock has a market cap of $4.85 billion, a PE ratio of 58.38 and a beta of 1.29. The company’s fifty day moving average is $27.13 and its 200 day moving average is $26.19. Paymentus Holdings, Inc. has a 52 week low of $20.11 and a 52 week high of $45.31.

Paymentus (NYSE:PAYGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The business had revenue of $360.74 million during the quarter, compared to analyst estimates of $345.44 million. Paymentus had a net margin of 6.24% and a return on equity of 15.26%. The company’s revenue was up 28.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. Sell-side analysts anticipate that Paymentus Holdings, Inc. will post 0.71 EPS for the current year.

Hedge Funds Weigh In On Paymentus

A number of institutional investors have recently bought and sold shares of the stock. KBC Group NV bought a new stake in shares of Paymentus during the first quarter valued at approximately $41,000. Blue Trust Inc. lifted its position in Paymentus by 186.8% during the fourth quarter. Blue Trust Inc. now owns 2,025 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,319 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Paymentus during the 4th quarter valued at $80,000. Orange County Employees Retirement System purchased a new stake in shares of Paymentus in the 4th quarter worth about $150,000. Finally, Advisors Asset Management Inc. increased its stake in shares of Paymentus by 26.0% in the 4th quarter. Advisors Asset Management Inc. now owns 5,050 shares of the business services provider’s stock worth $160,000 after acquiring an additional 1,042 shares in the last quarter. 78.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wolfe Research restated an “outperform” rating and issued a $44.00 target price on shares of Paymentus in a report on Tuesday. Robert W. Baird raised their price target on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday. The Goldman Sachs Group boosted their price objective on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday. Wedbush increased their target price on shares of Paymentus from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings upgraded Paymentus from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.67.

Check Out Our Latest Research Report on PAY

Key Stories Impacting Paymentus

Here are the key news stories impacting Paymentus this week:

  • Positive Sentiment: Paymentus reported quarterly EPS of $0.25 versus the $0.19 consensus estimate, while revenue of $360.74 million exceeded expectations of $345.44 million. Revenue increased 28.8% year over year, and EPS more than doubled from $0.11 in the prior-year quarter, reinforcing the company’s growth story. Paymentus Shares Gap Up on Earnings Beat
  • Positive Sentiment: An investment analysis identified acquisitions as a potential avenue for accelerating Paymentus’s growth. Successful deal execution could expand its bill-payment platform, customer base and long-term revenue opportunity, although acquisitions would also introduce integration and capital-allocation risks. Paymentus Holdings: Opportunities For Accelerated Growth Through Acquisitions
  • Neutral Sentiment: Analyst reactions were generally constructive following the earnings report: Wolfe Research maintained an outperform rating with a $44 target, while Goldman Sachs raised its target to $40 but kept a neutral rating. Baird also raised its target to $38 with a neutral rating. The consensus rating remains “Moderate Buy,” but the average target of $38.67 suggests limited upside after the recent rally.
  • Negative Sentiment: Director Gary Trainor sold 80,000 shares for approximately $3.26 million, reducing his position by 13.56%. CFO Sanjay Kalra sold 25,000 shares for about $1.03 million and an additional 2,909 shares for roughly $117,000. While executives retained sizable holdings, the cluster of insider sales can signal profit-taking and may pressure the stock, particularly after its sharp rise. Paymentus Insider Selling
  • Negative Sentiment: Paymentus trades at a high earnings multiple—reported near 58–61 times earnings—leaving the stock sensitive to profit-taking and any slowdown in growth. The recent decline appears to reflect insider selling and valuation concerns offsetting the company’s strong earnings beat.

Paymentus Company Profile

(Get Free Report)

Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions. Its platform enables businesses and government entities to manage the entire payment lifecycle, from electronic bill presentment and real-time payment processing to reconciliation and reporting. Through web portals, mobile applications, interactive voice response (IVR) systems and in-person channels, Paymentus helps clients streamline accounts receivable operations, enhance customer engagement and reduce operational costs.

Founded in 2004 and headquartered in Wilmington, Delaware, Paymentus has built a modular suite of services that can be tailored to the needs of various industries.

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