Paysign (NASDAQ:PAYS) Hits New 52-Week High – Time to Buy?

Paysign, Inc. (NASDAQ:PAYS)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $12.89 and last traded at $12.3910, with a volume of 181993 shares trading hands. The stock had previously closed at $12.48.

Analysts Set New Price Targets

PAYS has been the subject of a number of research reports. DA Davidson raised their target price on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday. Lake Street Capital reiterated a “buy” rating and issued a $13.00 price target on shares of Paysign in a research note on Thursday. Wall Street Zen raised shares of Paysign from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Finally, Barrington Research set a $11.00 price objective on shares of Paysign in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $12.00.

Paysign Stock Performance

The stock has a market capitalization of $704.85 million, a price-to-earnings ratio of 48.00 and a beta of 0.74. The business has a fifty day simple moving average of $8.30 and a 200 day simple moving average of $6.12.

Paysign (NASDAQ:PAYS) last posted its earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $28.25 million during the quarter, compared to the consensus estimate of $26.36 million. Paysign had a return on equity of 31.70% and a net margin of 15.67%.Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, sell-side analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Paysign news, CEO Mark Newcomer sold 150,000 shares of Paysign stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $11.88, for a total value of $1,782,000.00. Following the completion of the sale, the chief executive officer owned 9,163,002 shares in the company, valued at $108,856,463.76. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bruce A. Mina sold 10,000 shares of Paysign stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the sale, the director owned 258,500 shares of the company’s stock, valued at $1,832,765. This trade represents a 3.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 371,736 shares of company stock valued at $3,585,479. 24.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Paysign in the second quarter valued at approximately $25,219,000. Punch & Associates Investment Management Inc. grew 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 worth $7,532,000 after buying an additional 909,825 shares in the last quarter. Two Sigma Investments LP grew 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 worth $3,176,000 after buying an additional 294,041 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Paysign during the 3rd quarter worth $1,640,000. Finally, Marshall Wace LLP bought a new position in Paysign during the 2nd quarter worth $1,716,000. 25.89% of the stock is owned by institutional investors.

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.