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

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of Paysign stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $7.10, for a total transaction of $71,000.00. Following the completion of the transaction, the director directly owned 268,500 shares of the company’s stock, valued at $1,906,350. This trade represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Paysign Trading Down 2.2%

PAYS traded down $0.20 on Friday, hitting $8.96. 270,218 shares of the company’s stock were exchanged, compared to its average volume of 471,860. The stock has a fifty day moving average of $7.95 and a two-hundred day moving average of $5.90. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $9.49. The firm has a market cap of $500.95 million, a PE ratio of 52.71 and a beta of 0.72.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Paysign

Several hedge funds and other institutional investors have recently made changes to their positions in PAYS. Raymond James Financial Inc. acquired a new stake in Paysign in the 2nd quarter valued at approximately $30,000. BNP Paribas Financial Markets boosted its position in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after acquiring an additional 3,453 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Paysign by 381.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after purchasing an additional 7,825 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Paysign in the first quarter worth $51,000. Finally, SG Americas Securities LLC acquired a new position in shares of Paysign during the fourth quarter valued at $52,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.

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.