Paysign (NASDAQ:PAYS) EVP Sells $157,963.34 in Stock

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 22,534 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $7.01, for a total transaction of $157,963.34. Following the completion of the transaction, the executive vice president owned 813,989 shares in the company, valued at $5,706,062.89. This represents a 2.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Performance

Shares of Paysign stock opened at $7.27 on Monday. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $8.88. The stock has a market capitalization of $406.47 million, a price-to-earnings ratio of 42.76 and a beta of 0.73. The company’s 50 day moving average price is $5.95 and its 200-day moving average price is $5.00.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $28.04 million for the quarter, compared to analysts’ expectations of $27.01 million. Paysign had a net margin of 11.38% and a return on equity of 21.74%. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. As a group, equities research analysts forecast that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Paysign from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. DA Davidson reissued a “buy” rating and set a $9.00 price objective on shares of Paysign in a research report on Wednesday, May 13th. Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Finally, Lake Street Capital raised their price objective on Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Paysign presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.

Hedge Funds Weigh In On Paysign

Several institutional investors and hedge funds have recently added to or reduced their stakes in PAYS. Punch & Associates Investment Management Inc. lifted its position in Paysign by 164.6% during the fourth quarter. Punch & Associates Investment Management Inc. now owns 1,462,560 shares of the company’s stock valued at $7,532,000 after buying an additional 909,825 shares during the period. Royce & Associates LP lifted its position in Paysign by 150.0% during the third quarter. Royce & Associates LP now owns 622,577 shares of the company’s stock valued at $3,916,000 after buying an additional 373,519 shares during the period. New York State Common Retirement Fund lifted its position in Paysign by 2,943.3% during the third quarter. New York State Common Retirement Fund now owns 385,732 shares of the company’s stock valued at $2,426,000 after buying an additional 373,057 shares during the period. Two Sigma Investments LP lifted its position in Paysign by 139.5% during the third quarter. Two Sigma Investments LP now owns 504,887 shares of the company’s stock valued at $3,176,000 after buying an additional 294,041 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Paysign during the third quarter valued at $1,640,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Paysign Company Profile

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.