Bradley Kramer Cunningham Sells 10,000 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) CTO Bradley Kramer Cunningham sold 10,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $7.30, for a total value of $73,000.00. Following the transaction, the chief technology officer directly owned 351,631 shares of the company’s stock, valued at approximately $2,566,906.30. The trade was a 2.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Performance

NASDAQ:PAYS traded up $0.49 during trading hours on Friday, reaching $13.45. The stock had a trading volume of 934,286 shares, compared to its average volume of 698,242. The stock has a market capitalization of $759.39 million, a PE ratio of 51.73 and a beta of 0.80. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $14.43. The company has a 50 day moving average price of $10.57 and a two-hundred day moving average price of $7.34.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. The company had revenue of $28.25 million for the quarter, compared to analysts’ expectations 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. Equities research analysts predict that Paysign, Inc. will post 0.58 EPS for the current year.

Institutional Investors Weigh In On Paysign

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Paysign in the 2nd quarter worth about $30,000. California State Teachers Retirement System grew its holdings in Paysign by 114.4% during the 2nd 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 during the last quarter. Legal & General Group Plc purchased a new stake in Paysign in the 2nd quarter worth about $35,000. BNP Paribas Financial Markets lifted its stake 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 purchasing an additional 3,453 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted 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 worth $51,000 after purchasing an additional 7,825 shares during the last quarter. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PAYS shares. Barrington Research set a $15.00 target price on shares of Paysign in a report on Tuesday, August 11th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Lake Street Capital reissued a “buy” rating and set a $13.00 price objective on shares of Paysign in a research note on Thursday, August 6th. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Finally, DA Davidson raised 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. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price 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.