Paysign (NASDAQ:PAYS) CFO Sells 35,000 Shares

Paysign, Inc. (NASDAQ:PAYS - Get Free Report) CFO Jeffery Bradford Baker sold 35,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $12.62, for a total value of $441,700.00. Following the sale, the chief financial officer owned 542,171 shares of the company's stock, valued at $6,842,198.02. The trade was a 6.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Paysign Price Performance

Shares of Paysign stock opened at $13.17 on Friday. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $13.25. The company has a market capitalization of $743.60 million, a PE ratio of 50.66 and a beta of 0.74. The business has a 50-day moving average of $8.87 and a 200-day moving average of $6.40.

Paysign (NASDAQ:PAYS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 earnings per share 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 firm 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, equities analysts expect that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paysign

---

---

A number of large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in Paysign by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 575,619 shares of the company's stock valued at $3,396,000 after buying an additional 82,736 shares in the last quarter. Renaissance Technologies LLC lifted its position in Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company's stock worth $9,033,000 after purchasing an additional 227,300 shares during the period. Walleye Capital LLC bought a new position in Paysign during the 1st quarter valued at $1,110,000. Royce & Associates LP increased its position in shares of Paysign by 25.0% during the 4th quarter. Royce & Associates LP now owns 778,183 shares of the company's stock valued at $4,008,000 after purchasing an additional 155,606 shares during the period. Finally, Punch & Associates Investment Management Inc. grew its holdings in Paysign by 40.7% during the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company's stock worth $12,143,000 after acquiring an additional 595,650 shares during the period. Institutional investors own 25.89% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Lake Street Capital reiterated a "buy" rating and issued a $13.00 price target on shares of Paysign in a research note on Thursday, August 6th. Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Wall Street Zen upgraded Paysign from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. DA Davidson boosted their price target on Paysign from $9.00 to $12.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Barrington Research set a $15.00 price target on Paysign in a research report on Tuesday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $13.33.

View Our Latest Report on Paysign

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.

Featured Articles

• Five stocks we like better than Paysign
• MarketBeat Week in Review – 08/10 - 08/14
• Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
• Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
• NVIDIA's $500 Billion GPU Financing Deal Fuels Path Toward $270

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].