Payment Data Systems, Inc. (PYDS) CEO Sells $14,560.00 in Stock

Payment Data Systems, Inc. (NASDAQ:PYDS) CEO Louis A. Hoch sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $2.24, for a total value of $14,560.00. Following the sale, the chief executive officer now owns 2,498,613 shares of the company’s stock, valued at $5,596,893.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Payment Data Systems, Inc. (NASDAQ:PYDS) traded up $0.03 on Thursday, hitting $2.27. The company had a trading volume of 160,135 shares, compared to its average volume of 277,671. Payment Data Systems, Inc. has a 52-week low of $1.17 and a 52-week high of $4.10.

PYDS has been the subject of several research reports. ValuEngine upgraded Payment Data Systems from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. TheStreet upgraded Payment Data Systems from a “d” rating to a “c-” rating in a research report on Monday.

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About Payment Data Systems

Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.

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