Paysign (NASDAQ:PAYS) Trading Down 5.3% – Should You Sell?

Shares of Paysign, Inc. (NASDAQ:PAYS) traded down 5.3% on Wednesday . The stock traded as low as $13.44 and last traded at $13.3910. 181,780 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 693,141 shares. The stock had previously closed at $14.14.

Wall Street Analyst Weigh In

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

Paysign Trading Down 0.5%

The firm has a 50-day moving average of $10.06 and a 200 day moving average of $7.02. The company has a market cap of $743.01 million, a P/E ratio of 50.62 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last issued its earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The business had revenue of $28.25 million during 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, equities analysts predict that Paysign, Inc. will post 0.58 EPS for the current year.

Insider Activity at Paysign

In related news, EVP Joan M. Herman sold 100,000 shares of the business’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the transaction, the executive vice president owned 707,009 shares in the company, valued at $5,663,142.09. The trade was a 12.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Newcomer sold 150,000 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $11.88, for a total transaction of $1,782,000.00. Following the transaction, the chief executive officer directly owned 9,163,002 shares in the company, valued at approximately $108,856,463.76. This represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 384,202 shares of company stock worth $3,869,216 over the last quarter. 24.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Paysign

A number of institutional investors and hedge funds have recently made changes to their positions in PAYS. California State Teachers Retirement System increased its position in Paysign by 114.4% in the 2nd quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock valued at $33,000 after buying an additional 2,155 shares in the last quarter. Rhumbline Advisers boosted its holdings in Paysign by 4.7% in the second quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock worth $351,000 after acquiring an additional 2,183 shares in the last quarter. Invesco Ltd. boosted its holdings in Paysign by 19.1% in the second quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock worth $122,000 after acquiring an additional 2,716 shares in the last quarter. Intech Investment Management LLC grew its stake in Paysign by 18.0% in the third quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock valued at $112,000 after acquiring an additional 2,723 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Paysign by 11.6% in the third 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. 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.