Paysign (NASDAQ:PAYS) CEO Sells $1,782,000.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) CEO Mark Newcomer sold 150,000 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $11.88, for a total transaction 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. This represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Newcomer also recently made the following trade(s):

• On Wednesday, July 29th, Mark Newcomer sold 50,000 shares of Paysign stock. The shares were sold at an average price of $9.38, for a total value of $469,000.00.

Paysign Price Performance

Shares of NASDAQ:PAYS traded up $0.08 during midday trading on Friday, reaching $12.48. The company’s stock had a trading volume of 1,206,572 shares, compared to its average volume of 668,159. Paysign, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $12.85. The business’s fifty day simple moving average is $8.30 and its 200-day simple moving average is $6.10. The company has a market capitalization of $697.76 million, a P/E ratio of 48.00 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 31.70% and a net margin of 15.67%.The business had revenue of $28.25 million for the quarter, compared to analysts’ expectations of $26.36 million. 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, analysts forecast that Paysign, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. DA Davidson increased their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a report on Thursday. Lake Street Capital reiterated a “buy” rating and set a $13.00 price target on shares of Paysign in a report on Thursday. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Weiss Ratings raised 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 target on Paysign in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Paysign has a consensus rating of “Buy” and an average target price of $12.00.

Institutional Trading of Paysign

A number of institutional investors have recently bought and sold shares of PAYS. Raymond James Financial Inc. acquired a new stake in Paysign during the second quarter worth approximately $30,000. BNP Paribas Financial Markets increased its holdings in Paysign by 99.8% in the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after purchasing an additional 3,453 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in Paysign by 381.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after buying an additional 7,825 shares during the period. Jane Street Group LLC acquired a new position in Paysign in the first quarter valued at approximately $51,000. Finally, SG Americas Securities LLC bought a new position in shares of Paysign during the 4th quarter worth approximately $52,000. Institutional investors own 25.89% of the company’s stock.

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.