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Payment Data Systems (NASDAQ:PYDS) COO Louis A. Hoch sold 40,100 shares of Payment Data Systems stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $0.13, for a total transaction of $5,213.00. Following the completion of the sale, the chief operating officer now directly owns 31,798,271 shares in the company, valued at approximately $4,133,775. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Payment Data Systems (NASDAQ:PYDS) opened at 0.133 on Thursday. Payment Data Systems has a 52 week low of $0.04 and a 52 week high of $0.14. The stock has a 50-day moving average of $0.11 and a 200-day moving average of $0.10. The company’s market cap is $18.3 million.

Payment Data Systems, Inc primarily operates as a processor of electronic payments for other companies.

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