Militia Capital Management LLC purchased a new position in shares of Paysign, Inc. (NASDAQ:PAYS – Free Report) in the 1st quarter, Holdings Channel reports. The firm purchased 79,800 shares of the company’s stock, valued at approximately $471,000.
Other large investors also recently modified their holdings of the company. Punch & Associates Investment Management Inc. raised its holdings in shares of Paysign by 164.6% in the 4th quarter. Punch & Associates Investment Management Inc. now owns 1,462,560 shares of the company’s stock valued at $7,532,000 after purchasing an additional 909,825 shares in the last quarter. Two Sigma Investments LP grew its stake in shares of 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 purchasing an additional 294,041 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Paysign during the third quarter worth $1,640,000. Marshall Wace LLP purchased a new position in Paysign in the second quarter valued at $1,716,000. Finally, Renaissance Technologies LLC increased its holdings in Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after buying an additional 227,300 shares during the last quarter. 25.89% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have weighed in on PAYS shares. Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. DA Davidson reaffirmed a “buy” rating and set a $9.00 price objective on shares of Paysign in a research report on Wednesday, May 13th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Finally, Barrington Research set a $11.00 target price on Paysign in a research report on Monday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $10.33.
Insider Transactions at Paysign
In other news, Director Bruce A. Mina sold 10,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $7.09, for a total value of $70,900.00. Following the completion of the sale, the director directly owned 258,500 shares of the company’s stock, valued at approximately $1,832,765. The trade was a 3.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Joan M. Herman sold 100,000 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $8.01, for a total value of $801,000.00. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 221,736 shares of company stock worth $1,803,479. Corporate insiders own 24.50% of the company’s stock.
Paysign Price Performance
NASDAQ PAYS opened at $9.25 on Tuesday. The firm’s fifty day moving average price is $8.00 and its 200 day moving average price is $5.94. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $9.49. The company has a market capitalization of $517.17 million, a price-to-earnings ratio of 54.41 and a beta of 0.74.
Paysign (NASDAQ:PAYS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Paysign had a net margin of 11.38% and a return on equity of 21.74%. The firm 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, sell-side analysts forecast that Paysign, Inc. will post 0.5 earnings per share for the current year.
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.
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