Paysign (NASDAQ:PAYS) Hits New 12-Month High – What’s Next?

Shares of Paysign, Inc. (NASDAQ:PAYS) hit a new 52-week high on Friday . The company traded as high as $8.95 and last traded at $8.97, with a volume of 133280 shares changing hands. The stock had previously closed at $8.78.

Analyst Ratings Changes

PAYS has been the subject of several research reports. DA Davidson reaffirmed a “buy” rating and set a $9.00 price target on shares of Paysign in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 25th. Lake Street Capital increased their price target on shares of Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Finally, Wall Street Zen cut shares of Paysign from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Paysign currently has a consensus rating of “Buy” and an average target price of $10.00.

Paysign Stock Performance

The company has a market capitalization of $506.54 million, a PE ratio of 53.29 and a beta of 0.72. The stock’s fifty day simple moving average is $7.18 and its 200-day simple moving average is $5.51.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $28.04 million during the quarter, compared to the consensus estimate 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. On average, equities analysts anticipate that Paysign, Inc. will post 0.5 EPS for the current year.

Insiders Place Their Bets

In other Paysign news, EVP Joan M. Herman sold 100,000 shares of the business’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $8.01, for a total value of $801,000.00. Following the completion of the transaction, the executive vice president directly owned 707,009 shares in the company, valued at approximately $5,663,142.09. The trade was a 12.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 158,403 shares of company stock valued at $1,239,315. Insiders own 24.50% of the company’s stock.

Hedge Funds Weigh In On Paysign

Institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its holdings in Paysign by 4.7% in the second quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock valued at $351,000 after purchasing an additional 2,183 shares during the period. Invesco Ltd. grew its stake in shares of Paysign by 19.1% during the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock valued at $122,000 after buying an additional 2,716 shares during the period. Intech Investment Management LLC increased its holdings in shares of Paysign by 18.0% during the 3rd quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock worth $112,000 after buying an additional 2,723 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Paysign by 11.6% in the 3rd quarter. Alliancebernstein L.P. now owns 29,930 shares of the company’s stock worth $188,000 after buying an additional 3,100 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Paysign by 99.8% in the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after acquiring an additional 3,453 shares during the last quarter. 25.89% of the stock is currently owned by institutional investors and hedge funds.

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.