Paysign (NASDAQ:PAYS) CTO Bradley Kramer Cunningham Sells 3,000 Shares

Paysign, Inc. (NASDAQ:PAYS) CTO Bradley Kramer Cunningham sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $7.80, for a total value of $23,400.00. Following the completion of the sale, the chief technology officer owned 348,631 shares of the company’s stock, valued at $2,719,321.80. This trade represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Performance

Shares of NASDAQ PAYS opened at $13.45 on Friday. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $14.43. The firm has a market cap of $759.41 million, a P/E ratio of 51.73 and a beta of 0.80. The stock has a fifty day moving average price of $10.68 and a two-hundred day moving average price of $7.39.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings data 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 return on equity of 30.13% 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, research analysts predict that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LP raised its position in Paysign by 69.8% during the second quarter. Corient Private Wealth LP now owns 30,159 shares of the company’s stock valued at $247,000 after buying an additional 12,396 shares during the period. California State Teachers Retirement System increased its holdings in Paysign by 114.4% in the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after buying an additional 2,155 shares during the last quarter. Punch & Associates Investment Management Inc. bought a new position in shares of Paysign during the 2nd quarter valued at $16,983,000. Bank of America Corp DE bought a new position in Paysign during the second quarter valued at about $335,000. Finally, AWM Investment Company Inc. acquired a new stake in Paysign in the 2nd quarter worth approximately $6,560,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Barrington Research set a $15.00 target price on shares of Paysign in a report on Tuesday, August 11th. Lake Street Capital reaffirmed a “buy” rating and issued a $13.00 price target on shares of Paysign in a report on Thursday, August 6th. DA Davidson raised their price objective on Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign has a consensus rating of “Buy” and a consensus price target of $13.33.

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.