Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 29,202 Shares

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 29,202 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $8.00, for a total value of $233,616.00. Following the completion of the sale, the executive vice president owned 807,009 shares of the company’s stock, valued at approximately $6,456,072. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Trading Down 7.8%

NASDAQ PAYS traded down $0.58 on Wednesday, hitting $6.82. The company’s stock had a trading volume of 339,401 shares, compared to its average volume of 724,060. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $8.88. The company’s 50-day simple moving average is $6.04 and its 200 day simple moving average is $5.02. The firm has a market cap of $381.31 million, a P/E ratio of 40.12 and a beta of 0.73.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Paysign by 345.9% in the 1st quarter. Bank of America Corp DE now owns 130,930 shares of the company’s stock worth $772,000 after acquiring an additional 101,568 shares in the last quarter. Punch & Associates Investment Management Inc. increased its position in Paysign by 40.7% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock valued at $12,143,000 after buying an additional 595,650 shares in the last quarter. Renaissance Technologies LLC increased its position in Paysign by 17.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after buying an additional 227,300 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Paysign during the 1st quarter valued at approximately $212,000. Finally, Sei Investments Co. bought a new position in Paysign during the 1st quarter valued at approximately $169,000. Institutional investors own 25.89% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings raised Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. DA Davidson reissued a “buy” rating and issued a $9.00 target price on shares of Paysign in a research report on Wednesday, May 13th. Lake Street Capital increased their target price on Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Paysign has a consensus rating of “Moderate Buy” and a consensus price target of $10.00.

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.