Royce & Associates LP Raises Holdings in Paysign, Inc. $PAYS

Royce & Associates LP boosted its stake in shares of Paysign, Inc. (NASDAQ:PAYS) by 25.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 778,183 shares of the company’s stock after acquiring an additional 155,606 shares during the quarter. Royce & Associates LP owned 1.41% of Paysign worth $4,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. New York State Common Retirement Fund boosted its holdings in Paysign by 2,943.3% during the 3rd quarter. New York State Common Retirement Fund now owns 385,732 shares of the company’s stock valued at $2,426,000 after acquiring an additional 373,057 shares during the period. Bank of America Corp DE boosted its holdings in Paysign by 164.2% during the 2nd quarter. Bank of America Corp DE now owns 94,607 shares of the company’s stock valued at $681,000 after acquiring an additional 58,803 shares during the period. Ameriprise Financial Inc. boosted its holdings in Paysign by 8.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 193,880 shares of the company’s stock valued at $1,396,000 after acquiring an additional 14,569 shares during the period. Raymond James Financial Inc. purchased a new stake in Paysign during the 2nd quarter valued at about $30,000. Finally, Occudo Quantitative Strategies LP boosted its holdings in Paysign by 23.5% during the 2nd quarter. Occudo Quantitative Strategies LP now owns 39,453 shares of the company’s stock valued at $284,000 after acquiring an additional 7,516 shares during the period. 25.89% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PAYS has been the subject of several research analyst reports. Weiss Ratings upgraded Paysign from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Lake Street Capital boosted their target price on Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. DA Davidson restated a “buy” rating and set a $9.00 target price on shares of Paysign in a report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Paysign from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Paysign Stock Up 1.1%

Shares of Paysign stock opened at $7.27 on Friday. The company has a market cap of $406.44 million, a PE ratio of 42.76 and a beta of 0.72. The business has a 50 day moving average of $5.95 and a 200 day moving average of $5.00. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $8.88.

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

Insider Activity at Paysign

In other news, EVP Joan M. Herman sold 22,534 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $7.01, for a total value of $157,963.34. Following the completion of the transaction, the executive vice president owned 813,989 shares in the company, valued at $5,706,062.89. This trade represents a 2.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 24.50% of the stock is currently owned by insiders.

Paysign 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.