2,073,580 Shares in Paysign, Inc. $PAYS Purchased by Punch & Associates Investment Management Inc.

Punch & Associates Investment Management Inc. bought a new position in shares of Paysign, Inc. (NASDAQ:PAYS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,073,580 shares of the company’s stock, valued at approximately $16,983,000. Punch & Associates Investment Management Inc. owned 3.67% of Paysign at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of Paysign during the 2nd quarter worth $30,000. Legal & General Group Plc acquired a new position in Paysign in the second quarter valued at about $35,000. BNP Paribas Financial Markets lifted its position in 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 purchasing an additional 3,453 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in 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 purchasing an additional 7,825 shares during the period. Finally, Jane Street Group LLC acquired a new stake in Paysign during the first quarter worth about $51,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Paysign

In other news, CFO Jeffery Bradford Baker sold 35,000 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $12.62, for a total value of $441,700.00. Following the completion of the transaction, the chief financial officer directly owned 542,171 shares in the company, valued at approximately $6,842,198.02. This represents a 6.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Joan M. Herman sold 100,000 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $8.01, for a total value of $801,000.00. Following the sale, the executive vice president directly owned 707,009 shares in the company, valued at approximately $5,663,142.09. This trade represents a 12.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 384,202 shares of company stock worth $3,869,216. Corporate insiders own 24.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on PAYS shares. DA Davidson upped their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Barrington Research set a $15.00 price objective on shares of Paysign in a research note on Tuesday, August 11th. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $13.00 target price on shares of Paysign in a report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $13.33.

Paysign Trading Down 6.4%

PAYS stock opened at $13.23 on Thursday. The firm has a 50-day moving average price of $9.94 and a 200-day moving average price of $6.95. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $14.43. The stock has a market capitalization of $746.99 million, a P/E ratio of 50.89 and a beta of 0.74.

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. The company had revenue of $28.25 million for the quarter, compared to analyst estimates 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. As a group, equities analysts predict that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

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.