Key Points
- Insider sale: Michael Ngo sold 70,075 Paysign shares for approximately $900,464, reducing his position by 2.8% while retaining 2,429,925 shares valued at about $31.2 million.
- Strong financial results: Paysign reported quarterly EPS of $0.11, beating estimates of $0.06, while revenue reached $28.25 million versus the $26.36 million consensus estimate. The company issued fiscal 2026 EPS guidance of $0.35–$0.37.
- Stock and analyst sentiment: Shares opened at $13.34, near their 12-month high of $14.43, and analysts maintained an overall “Buy” rating with an average price target of $13.33. Institutional investors own 25.89% of the company.
Paysign, Inc. (NASDAQ:PAYS - Get Free Report) insider Michael Ngo sold 70,075 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $12.85, for a total value of $900,463.75. Following the completion of the transaction, the insider owned 2,429,925 shares of the company's stock, valued at approximately $31,224,536.25. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Paysign Trading Up 2.4%
Shares of PAYS stock opened at $13.34 on Friday. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $14.43. The stock has a market cap of $753.18 million, a PE ratio of 51.31 and a beta of 0.80. The company's fifty day moving average price is $11.07 and its 200-day moving average price is $7.69.
Paysign (NASDAQ:PAYS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. Paysign had a net margin of 15.67% and a return on equity of 30.13%. The company 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. On average, sell-side analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Paysign
A number of large investors have recently made changes to their positions in PAYS. Goldman Sachs Group Inc. lifted its stake in shares of Paysign by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company's stock worth $548,000 after purchasing an additional 17,466 shares during the period. Jane Street Group LLC bought a new stake in Paysign during the first quarter valued at approximately $51,000. Rhumbline Advisers grew its position in Paysign by 5.2% during the first quarter. Rhumbline Advisers now owns 46,587 shares of the company's stock valued at $99,000 after buying an additional 2,303 shares during the period. Geode Capital Management LLC increased its holdings in Paysign by 1.6% during the second quarter. Geode Capital Management LLC now owns 788,500 shares of the company's stock valued at $5,679,000 after buying an additional 12,490 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Paysign by 19.1% during the second quarter. Invesco Ltd. now owns 16,942 shares of the company's stock valued at $122,000 after buying an additional 2,716 shares during the last quarter. 25.89% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on PAYS shares. Barrington Research set a $15.00 price target on Paysign in a research report on Tuesday, August 11th. Lake Street Capital reaffirmed a "buy" rating and set a $13.00 price objective on shares of Paysign in a research report on Thursday, August 6th. Weiss Ratings raised shares of Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, July 29th. DA Davidson boosted their target price 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. Finally, Wall Street Zen cut Paysign from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 16th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Paysign currently has an average rating of "Buy" and an average price target of $13.33.
View Our Latest Analysis on PAYS
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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