Paysign (NASDAQ:PAYS) CFO Sells $441,700.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) CFO Jeffery Bradford Baker sold 35,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $12.62, for a total value of $441,700.00. Following the completion of the sale, the chief financial officer directly owned 542,171 shares of the company’s stock, valued at approximately $6,842,198.02. This trade represents a 6.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Paysign Price Performance

Shares of NASDAQ:PAYS opened at $13.17 on Monday. The business’s 50 day moving average is $8.87 and its 200 day moving average is $6.41. Paysign, Inc. has a 12-month low of $3.08 and a 12-month high of $13.25. The stock has a market cap of $743.58 million, a price-to-earnings ratio of 50.66 and a beta of 0.74.

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

Hedge Funds Weigh In On Paysign

Several institutional investors and hedge funds have recently bought and sold shares of PAYS. Rhumbline Advisers lifted its stake in shares of Paysign by 4.7% during the 2nd quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock valued at $351,000 after buying an additional 2,183 shares in the last quarter. Invesco Ltd. grew its stake in Paysign by 19.1% in the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock valued at $122,000 after buying an additional 2,716 shares in the last quarter. Intech Investment Management LLC grew its stake in Paysign by 18.0% in the 3rd quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock valued at $112,000 after buying an additional 2,723 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Paysign by 11.6% during the 3rd quarter. Alliancebernstein L.P. now owns 29,930 shares of the company’s stock valued at $188,000 after acquiring an additional 3,100 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after acquiring an additional 3,453 shares during the period. 25.89% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.