OneDigital Investment Advisors LLC Invests $877,000 in Paysign, Inc. $PAYS

OneDigital Investment Advisors LLC purchased a new stake in Paysign, Inc. (NASDAQ:PAYS) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 107,077 shares of the company’s stock, valued at approximately $877,000.

A number of other large investors have also recently added to or reduced their stakes in PAYS. Topline Capital Management LLC boosted its stake in Paysign by 1.6% during the 2nd quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company’s stock valued at $39,037,000 after acquiring an additional 85,591 shares during the last quarter. Punch & Associates Investment Management Inc. raised its stake in Paysign by 40.7% during the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after acquiring an additional 595,650 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Paysign by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock worth $11,450,000 after purchasing an additional 29,150 shares during the last quarter. Renaissance Technologies LLC grew its stake in Paysign by 17.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after buying an additional 227,300 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in Paysign by 14.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,457,941 shares of the company’s stock worth $7,508,000 after buying an additional 187,767 shares during the period. 25.89% of the stock is currently owned by institutional investors.

Paysign Stock Down 1.3%

Shares of PAYS opened at $13.00 on Tuesday. The firm has a 50-day moving average price of $9.00 and a 200 day moving average price of $6.47. The firm has a market capitalization of $734.01 million, a PE ratio of 50.00 and a beta of 0.74. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $13.25.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $28.25 million for the quarter, compared to the consensus estimate of $26.36 million. Paysign had a net margin of 15.67% and a return on equity of 30.13%. 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, equities analysts expect that Paysign, Inc. will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PAYS shares. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Lake Street Capital reiterated a “buy” rating and issued a $13.00 price objective on shares of Paysign in a research report on Thursday, August 6th. Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Barrington Research set a $15.00 price target on shares of Paysign in a research note on Tuesday, August 11th. Finally, DA Davidson increased their price objective on Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $13.33.

Insider Activity at Paysign

In other Paysign news, EVP Joan M. Herman sold 100,000 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $8.01, for a total transaction of $801,000.00. Following the completion of the transaction, the executive vice president directly owned 707,009 shares of the company’s stock, valued at approximately $5,663,142.09. This trade represents a 12.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Newcomer sold 150,000 shares of Paysign stock in a transaction on 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 transaction, the chief executive officer owned 9,163,002 shares in the company, valued at approximately $108,856,463.76. This trade represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 406,736 shares of company stock worth $4,027,179 over the last ninety days. Insiders own 24.50% 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.