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

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

Paysign Stock Performance

Shares of NASDAQ:PAYS traded up $0.08 on Friday, hitting $7.27. The company’s stock had a trading volume of 476,052 shares, compared to its average volume of 864,095. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $8.88. The company has a market capitalization of $406.47 million, a price-to-earnings ratio of 42.76 and a beta of 0.72. The stock’s 50-day moving average is $5.95 and its two-hundred day moving average is $5.00.

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

Institutional Investors Weigh In On Paysign

Several hedge funds have recently modified their holdings of PAYS. Raymond James Financial Inc. purchased a new stake in shares of Paysign during the second quarter valued at $30,000. BNP Paribas Financial Markets lifted its holdings in shares of Paysign by 99.8% during the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after purchasing an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Paysign by 381.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after purchasing an additional 7,825 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Paysign during the first quarter valued at $51,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Paysign during the fourth quarter valued at $52,000. 25.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

About Paysign

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.