Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 100,000 Shares

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 100,000 shares of the business’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $8.01, for a total transaction of $801,000.00. Following the completion of the sale, the executive vice president owned 707,009 shares of the company’s stock, valued at $5,663,142.09. The trade was a 12.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Price Performance

NASDAQ:PAYS traded down $0.13 during midday trading on Tuesday, reaching $8.19. The stock had a trading volume of 701,449 shares, compared to its average volume of 590,228. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $8.88. The firm’s fifty day simple moving average is $6.83 and its 200-day simple moving average is $5.33. The stock has a market capitalization of $457.90 million, a P/E ratio of 48.18 and a beta of 0.73.

Paysign (NASDAQ:PAYS) last released its earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Paysign had a net margin of 11.38% and a return on equity of 21.74%. The firm had revenue of $28.04 million during the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. On average, equities research analysts anticipate that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paysign

Large investors have recently added to or reduced their stakes in the company. Topline Capital Management LLC lifted its position in shares of Paysign by 0.4% in the 3rd quarter. Topline Capital Management LLC now owns 5,445,188 shares of the company’s stock worth $34,250,000 after acquiring an additional 23,451 shares during the period. Punch & Associates Investment Management Inc. raised its stake in shares of Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock valued at $12,143,000 after purchasing an additional 595,650 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Paysign by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock valued at $11,450,000 after purchasing an additional 29,150 shares in the last quarter. Renaissance Technologies LLC lifted its position in Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after purchasing an additional 227,300 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its position in Paysign by 14.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,457,941 shares of the company’s stock worth $7,508,000 after purchasing an additional 187,767 shares during the period. Institutional investors and hedge funds own 25.89% of the company’s stock.

Analyst Ratings Changes

PAYS has been the topic of several recent analyst reports. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Lake Street Capital boosted their target price on shares of Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. DA Davidson reiterated a “buy” rating and set a $9.00 target price on shares of Paysign in a research note on Wednesday, May 13th. Finally, Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $10.00.

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.