Topline Capital Management LLC Has $11.31 Million Stock Position in Paysign, Inc. $PAYS

Topline Capital Management LLC trimmed its position in Paysign, Inc. (NASDAQ:PAYS) by 4.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,336,146 shares of the company’s stock after selling 274,982 shares during the quarter. Paysign comprises approximately 2.6% of Topline Capital Management LLC’s holdings, making the stock its 11th largest position. Topline Capital Management LLC owned 0.10% of Paysign worth $11,313,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC lifted its stake in shares of Paysign by 10.8% in the fourth quarter. Barclays PLC now owns 52,178 shares of the company’s stock worth $157,000 after buying an additional 5,088 shares during the last quarter. Royce & Associates LP increased its position in Paysign by 36.5% during the first quarter. Royce & Associates LP now owns 19,319 shares of the company’s stock worth $41,000 after acquiring an additional 5,166 shares during the period. Wells Fargo & Company MN increased its position in Paysign by 51.7% during the fourth quarter. Wells Fargo & Company MN now owns 15,385 shares of the company’s stock worth $46,000 after acquiring an additional 5,243 shares during the period. Bank of America Corp DE increased its position in Paysign by 20.9% during the fourth quarter. Bank of America Corp DE now owns 47,675 shares of the company’s stock worth $144,000 after acquiring an additional 8,235 shares during the period. Finally, Connors Investor Services Inc. increased its holdings in Paysign by 18.7% in the 4th quarter. Connors Investor Services Inc. now owns 53,417 shares of the company’s stock valued at $161,000 after buying an additional 8,417 shares during the period. 25.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on PAYS. DA Davidson set a $9.00 price target on shares of Paysign in a report on Thursday, August 7th. LADENBURG THALM/SH SH boosted their price target on shares of Paysign from $7.25 to $8.25 and gave the company a “buy” rating in a report on Friday, May 9th. Finally, Lake Street Capital boosted their target price on shares of Paysign from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Paysign currently has an average rating of “Buy” and an average price target of $8.56.

Paysign Stock Down 3.1%

Shares of NASDAQ PAYS opened at $5.28 on Thursday. The firm’s 50-day simple moving average is $6.80 and its 200 day simple moving average is $4.26. The company has a market cap of $287.50 million, a price-to-earnings ratio of 44.00 and a beta of 0.78. Paysign, Inc. has a 12-month low of $1.80 and a 12-month high of $8.88.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $19.08 million for the quarter, compared to analyst estimates of $18.69 million. Paysign had a return on equity of 19.32% and a net margin of 9.90%. Paysign has set its Q3 2025 guidance at EPS. FY 2025 guidance at 0.100-0.120 EPS. On average, equities analysts expect that Paysign, Inc. will post 0.21 earnings per share for the current year.

Insider Buying and Selling at Paysign

In related news, insider Robert Strobo sold 26,521 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $7.09, for a total transaction of $188,033.89. Following the transaction, the insider owned 247,290 shares in the company, valued at $1,753,286.10. This represents a 9.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Louis Lanford sold 26,367 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $7.09, for a total transaction of $186,942.03. Following the transaction, the insider owned 147,364 shares in the company, valued at approximately $1,044,810.76. This trade represents a 15.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 265,602 shares of company stock worth $1,651,775 over the last quarter. Corporate insiders own 22.40% of the company’s stock.

Paysign Company Profile

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.