Bruce Mina Sells 10,000 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $7.10, for a total value of $71,000.00. Following the completion of the transaction, the director directly owned 268,500 shares in the company, valued at approximately $1,906,350. This represents a 3.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Paysign Stock Performance

Shares of PAYS stock opened at $8.96 on Friday. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $9.49. The stock has a market capitalization of $500.95 million, a PE ratio of 52.71 and a beta of 0.72. The stock’s fifty day moving average is $7.95 and its 200-day moving average is $5.90.

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, beating analysts’ consensus estimates of $0.07 by $0.02. Paysign had a return on equity of 21.74% and a net margin of 11.38%.The business 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. As a group, analysts forecast that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. DA Davidson reissued a “buy” rating and set a $9.00 price target on shares of Paysign in a research note on Wednesday, May 13th. Finally, Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $10.00.

Hedge Funds Weigh In On Paysign

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Paysign during the 2nd quarter worth about $30,000. BNP Paribas Financial Markets raised its position in shares of Paysign by 99.8% in the 3rd 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 period. Caitong International Asset Management Co. Ltd boosted its stake in Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after acquiring an additional 7,825 shares during the last quarter. Jane Street Group LLC bought a new position in Paysign during the 1st quarter worth approximately $51,000. Finally, SG Americas Securities LLC acquired a new position in Paysign during the fourth quarter valued at approximately $52,000. Institutional investors own 25.89% of the company’s stock.

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.