Paysign (NASDAQ:PAYS) Insider Sells 15,057 Shares

Paysign, Inc. (NASDAQ:PAYS) insider Matthew Baker Turner sold 15,057 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $4.16, for a total value of $62,637.12. Following the completion of the transaction, the insider directly owned 454,943 shares of the company’s stock, valued at $1,892,562.88. This represents a 3.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Up 3.8%

Shares of PAYS traded up $0.49 during trading on Friday, reaching $13.45. The company’s stock had a trading volume of 934,286 shares, compared to its average volume of 698,242. The company has a market cap of $759.39 million, a price-to-earnings ratio of 51.73 and a beta of 0.80. The company has a fifty day moving average of $10.57 and a two-hundred day moving average of $7.34. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $14.43.

Paysign (NASDAQ:PAYS) last released its quarterly 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 net margin of 15.67% and a return on equity of 30.13%. 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 analysts forecast that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Paysign during the 2nd quarter valued at about $30,000. California State Teachers Retirement System raised its stake in Paysign by 114.4% during the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after acquiring an additional 2,155 shares during the period. Legal & General Group Plc bought a new position in Paysign in the second quarter worth about $35,000. BNP Paribas Financial Markets lifted 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 acquiring an additional 3,453 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted 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 acquiring an additional 7,825 shares during the period. 25.89% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PAYS has been the topic of a number of recent analyst reports. Lake Street Capital restated a “buy” rating and issued a $13.00 target price on shares of Paysign in a research note on Thursday, August 6th. Weiss Ratings upgraded 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 price objective on Paysign in a report on Tuesday, August 11th. DA Davidson upped their price objective on 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 downgraded Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Paysign currently has an average rating of “Buy” and a consensus 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.