Bradley Kramer Cunningham Sells 3,000 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) CTO Bradley Kramer Cunningham sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $7.80, for a total transaction of $23,400.00. Following the completion of the sale, the chief technology officer directly owned 348,631 shares of the company’s stock, valued at $2,719,321.80. The trade was a 0.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Performance

PAYS opened at $13.45 on Friday. The firm’s fifty day moving average is $10.68 and its two-hundred day moving average is $7.39. The firm has a market cap of $759.39 million, a PE ratio of 51.73 and a beta of 0.80. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $14.43.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a net margin of 15.67% and a return on equity of 30.13%. The company had revenue of $28.25 million during the quarter, compared to analyst estimates 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. Equities analysts forecast that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on PAYS. Lake Street Capital restated a “buy” rating and issued a $13.00 price target on shares of Paysign in a 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. DA Davidson boosted their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Barrington Research set a $15.00 target price on Paysign in a research note on Tuesday, August 11th. Finally, Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $13.33.

Hedge Funds Weigh In On Paysign

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PAYS. Raymond James Financial Inc. acquired a new stake in shares of Paysign in the 2nd quarter valued at about $30,000. California State Teachers Retirement System lifted its holdings in shares of Paysign by 114.4% in the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock valued at $33,000 after purchasing an additional 2,155 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Paysign during the second quarter worth about $35,000. BNP Paribas Financial Markets boosted its position in shares of Paysign by 99.8% during the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after buying an additional 3,453 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Paysign by 381.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after buying an additional 7,825 shares in the last quarter. 25.89% of the stock is owned by institutional investors and hedge funds.

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.