Key Points
- Repay General Counsel Tyler Dempsey sold 11,112 shares at an average price of $4.00, totaling $44,448. After the transaction, Dempsey retained 455,139 shares, a 2.38% reduction in his position.
- Repay’s latest quarterly results fell slightly short of expectations, with earnings of $0.20 per share versus a $0.21 estimate and revenue of $100.71 million versus $101.86 million expected.
- Analysts maintain a consensus “Hold” rating with a $5.25 target price, while institutional investors and hedge funds own 82.73% of the company’s stock.
Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) General Counsel Tyler Dempsey sold 11,112 shares of the company's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $4.00, for a total value of $44,448.00. Following the completion of the sale, the general counsel directly owned 455,139 shares of the company's stock, valued at $1,820,556. The trade was a 2.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Repay Price Performance
RPAY stock opened at $3.93 on Tuesday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.43 and a current ratio of 1.45. Repay Holdings Corporation has a 1 year low of $2.30 and a 1 year high of $5.76. The firm has a market cap of $373.94 million, a P/E ratio of -1.93 and a beta of 1.83. The stock has a 50-day simple moving average of $3.83 and a 200-day simple moving average of $3.54.
Repay (NASDAQ:RPAY - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The company had revenue of $100.71 million for the quarter, compared to analyst estimates of $101.86 million. Repay had a positive return on equity of 11.03% and a negative net margin of 49.57%. On average, equities analysts predict that Repay Holdings Corporation will post 0.88 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Repay
A number of hedge funds have recently bought and sold shares of RPAY. Essential Partners LLC increased its holdings in Repay by 69.8% during the 1st quarter. Essential Partners LLC now owns 9,612 shares of the company's stock worth $25,000 after purchasing an additional 3,950 shares during the last quarter. Krilogy Financial LLC purchased a new position in shares of Repay during the 1st quarter valued at approximately $29,000. Caerus Investment Advisors LLC purchased a new position in shares of Repay during the 1st quarter valued at approximately $31,000. Chicago Partners Investment Group LLC purchased a new position in shares of Repay during the 1st quarter valued at approximately $36,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Repay during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 82.73% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently commented on RPAY shares. Canaccord Genuity Group reissued a "buy" rating and set a $8.00 target price on shares of Repay in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Repay from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, August 20th. DA Davidson reaffirmed a "buy" rating and set a $6.00 price target on shares of Repay in a research note on Wednesday, July 15th. Finally, UBS Group boosted their price objective on shares of Repay from $3.75 to $4.25 and gave the stock a "neutral" rating in a report on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $5.25.
View Our Latest Stock Analysis on Repay
About Repay
(
Get Free Report)
Repay Holdings Corporation, doing business as REPAY, is a financial technology company that provides integrated payment processing and related technology. Its platform enables businesses and consumers to make and receive payments through credit and debit cards, automated clearing house (ACH) transactions, electronic checks and other digital payment methods.
REPAY serves specialized markets including consumer finance, automotive, healthcare, education, government, utilities and communications.
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