Key Points
- Insider sale: Matthew Baker Turner sold 15,057 Paysign shares at an average of $4.16, totaling $62,637. The sale covered tax withholding tied to vested equity awards and reduced his ownership by 3.2% to 454,943 shares.
- Stock and operating performance: Paysign shares opened at $13.45, near their 52-week high of $14.43, with a market capitalization of about $759 million. The company recently reported quarterly EPS of $0.11 and revenue of $28.25 million, exceeding analyst estimates.
- Analyst outlook remains positive: Analysts maintain an overall “Buy” rating, with a consensus price target of $13.33 and individual targets ranging from $12 to $15. Institutional investors own approximately 25.89% of the company.
Paysign, Inc. (NASDAQ:PAYS - Get Free Report) CTO Bradley Kramer Cunningham sold 3,000 shares of the firm's stock in a transaction on Monday, June 1st. The stock was sold at an average price of $7.80, for a total transaction of $23,400.00. Following the completion of the sale, the chief technology officer owned 348,631 shares in the company, valued at $2,719,321.80. This represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Paysign Stock Up 3.8%
Shares of PAYS opened at $13.45 on Friday. Paysign, Inc. has a 12-month low of $3.08 and a 12-month high of $14.43. The firm has a market capitalization of $759.41 million, a price-to-earnings ratio of 51.73 and a beta of 0.80. The stock's 50-day moving average price is $10.68 and its 200 day moving average price is $7.39.
Paysign (NASDAQ:PAYS - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The business had revenue of $28.25 million during the quarter, compared to analyst estimates of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. Equities research analysts expect that Paysign, Inc. will post 0.58 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Topline Capital Management LLC boosted its position in shares of Paysign by 1.6% during the second quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company's stock worth $39,037,000 after purchasing an additional 85,591 shares in the last quarter. BlackRock Inc. acquired a new stake in Paysign during the 2nd quarter worth $25,219,000. Punch & Associates Investment Management Inc. bought a new position in Paysign during the second quarter worth about $16,983,000. Vanguard Group Inc. lifted its holdings in Paysign by 1.6% during the third quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company's stock worth $11,450,000 after acquiring an additional 29,150 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company's stock valued at $9,033,000 after acquiring an additional 227,300 shares during the period. Institutional investors and hedge funds own 25.89% of the company's stock.
Analyst Upgrades and Downgrades
PAYS has been the topic of several research analyst reports. Weiss Ratings upgraded Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Lake Street Capital reiterated a "buy" rating and set a $13.00 target price on shares of Paysign in a research report on Thursday, August 6th. DA Davidson increased their price target on shares of Paysign from $9.00 to $12.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Barrington Research set a $15.00 price objective on Paysign in a report on Tuesday, August 11th. Finally, Wall Street Zen cut Paysign from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 16th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Paysign currently has an average rating of "Buy" and an average price target of $13.33.
Check Out Our Latest Stock Report on PAYS
Paysign Company Profile
(
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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