Paysign (NASDAQ:PAYS) Stock Price Up 4.9% – What’s Next?

Paysign, Inc. (NASDAQ:PAYS) traded up 4.9% on Tuesday . The stock traded as high as $13.48 and last traded at $13.6310. 136,312 shares were traded during trading, a decline of 80% from the average daily volume of 691,148 shares. The stock had previously closed at $13.00.

Analysts Set New Price Targets

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

Paysign Trading Up 2.1%

The firm has a market cap of $779.15 million, a P/E ratio of 53.08 and a beta of 0.74. The company’s 50-day moving average is $9.27 and its two-hundred day moving average is $6.60.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.06 by $0.05. The firm 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. Research analysts anticipate that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Insider Activity

In other Paysign news, EVP Joan M. Herman sold 100,000 shares of Paysign 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 directly owned 707,009 shares of the company’s stock, 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 through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffery Bradford Baker sold 35,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $12.62, for a total transaction of $441,700.00. Following the completion of the sale, the chief financial officer 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold 406,736 shares of company stock valued at $4,027,179 over the last quarter. 24.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Paysign during the 2nd quarter valued at $30,000. Legal & General Group Plc purchased a new stake in Paysign during the second quarter worth about $35,000. BNP Paribas Financial Markets raised its position 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 period. Caitong International Asset Management Co. Ltd raised its position 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 worth $51,000 after acquiring an additional 7,825 shares during the period. Finally, Jane Street Group LLC purchased a new position in Paysign in the first quarter valued at about $51,000. Institutional investors own 25.89% of the company’s stock.

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.