Paysign (NASDAQ:PAYS) Director Bruce Mina Sells 10,000 Shares of Stock

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the transaction, the director owned 258,500 shares in the company, valued at approximately $1,832,765. The trade was a 3.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Paysign Stock Performance

Shares of NASDAQ PAYS opened at $8.96 on Friday. The firm’s 50 day moving average price is $7.95 and its 200-day moving average price is $5.90. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $9.49. The company has a market cap of $500.95 million, a PE ratio of 52.71 and a beta of 0.72.

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

Analyst Ratings Changes

A number of analysts have commented on the company. Wall Street Zen lowered Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. DA Davidson reaffirmed a “buy” rating and set a $9.00 price target on shares of Paysign in a report on Wednesday, May 13th. Finally, Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Paysign has an average rating of “Buy” and an average price target of $10.00.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in Paysign during the second quarter valued at approximately $30,000. BNP Paribas Financial Markets boosted 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 purchasing an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Paysign by 381.5% in the 4th 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 period. Jane Street Group LLC bought a new stake in Paysign in the 1st quarter worth approximately $51,000. Finally, SG Americas Securities LLC purchased a new stake in Paysign during the 4th quarter valued at $52,000. 25.89% of the stock is owned by hedge funds and other institutional investors.

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.