Key Points
- Paysign EVP Joan Herman sold 22,534 shares on May 26 at an average price of $7.01, totaling about $157,963. The sale reduced her ownership by 2.69% and was made under a pre-arranged Rule 10b5-1 trading plan.
- The stock was modestly higher, with Paysign opening at $7.27 and trading up 1.1% in the session cited. The company now has a market cap of about $406 million and shares are well above their 52-week low of $3.08.
- Recent fundamentals and analyst sentiment remain constructive, as Paysign beat quarterly earnings estimates and revenue expectations, while analysts maintain a “Moderate Buy” consensus with a $10 target price. Institutional investors have also been adding to positions, with several funds increasing their stakes in the latest quarter.
Paysign, Inc. (NASDAQ:PAYS - Get Free Report) EVP Joan Herman sold 22,534 shares of the firm's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $7.01, for a total value of $157,963.34. Following the sale, the executive vice president owned 813,989 shares in the company, valued at $5,706,062.89. This trade represents a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paysign Stock Up 1.1%
NASDAQ:PAYS opened at $7.27 on Friday. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $8.88. The stock has a market capitalization of $406.44 million, a PE ratio of 42.76 and a beta of 0.72. The stock's 50-day moving average price is $5.95 and its 200-day moving average price is $5.00.
Paysign (NASDAQ:PAYS - Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. Paysign had a return on equity of 21.74% and a net margin of 11.38%.The firm had revenue of $28.04 million for the quarter, compared to analysts' expectations of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. Sell-side analysts expect that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently commented on PAYS shares. Lake Street Capital raised their target price on Paysign from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. Wall Street Zen upgraded Paysign from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 16th. DA Davidson restated a "buy" rating and set a $9.00 target price on shares of Paysign in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded Paysign from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.00.
Get Our Latest Research Report on Paysign
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in Paysign by 345.9% in the 1st quarter. Bank of America Corp DE now owns 130,930 shares of the company's stock valued at $772,000 after buying an additional 101,568 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its stake in Paysign by 40.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company's stock valued at $12,143,000 after buying an additional 595,650 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Paysign by 17.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company's stock valued at $9,033,000 after buying an additional 227,300 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Paysign in the 1st quarter valued at about $212,000. Finally, Sei Investments Co. purchased a new position in Paysign in the 1st quarter valued at about $169,000. 25.89% of the stock is owned by hedge funds and other institutional investors.
About Paysign
(
Get Free Report)
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.
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