Paysign (NASDAQ:PAYS) Sees Large Volume Increase on Strong Earnings

Shares of Paysign, Inc. (NASDAQ:PAYS) saw unusually-high trading volume on Thursday after the company announced better than expected quarterly earnings. 798,576 shares were traded during mid-day trading, an increase of 19% from the previous session’s volume of 673,122 shares.The stock last traded at $12.4110 and had previously closed at $9.59.

The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The firm had revenue of $28.25 million during the quarter, compared to the consensus estimate of $26.36 million. Paysign had a return on equity of 21.74% and a net margin of 11.38%.Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS.

Wall Street Analysts Forecast Growth

PAYS has been the topic of several research reports. DA Davidson restated a “buy” rating and issued a $9.00 price target on shares of Paysign in a report on Wednesday, May 13th. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Barrington Research set a $11.00 target price on shares of Paysign in a research note on Monday. Finally, Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $10.33.

Insiders Place Their Bets

In other news, Director Bruce A. Mina sold 10,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $7.09, for a total transaction of $70,900.00. Following the transaction, the director directly owned 258,500 shares of the company’s stock, valued at approximately $1,832,765. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Joan M. Herman sold 100,000 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the completion of the transaction, the executive vice president owned 707,009 shares of the company’s stock, valued at $5,663,142.09. This trade represents a 12.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 221,736 shares of company stock worth $1,803,479 in the last 90 days. 24.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Paysign

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PAYS. Raymond James Financial Inc. purchased a new stake in shares of Paysign during the second quarter worth about $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 valued at $43,000 after purchasing an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Paysign by 381.5% during 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 last quarter. Jane Street Group LLC acquired a new position in shares of Paysign in the 1st quarter valued at approximately $51,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Paysign during the fourth quarter worth approximately $52,000. 25.89% of the stock is owned by hedge funds and other institutional investors.

Paysign Price Performance

The stock has a market capitalization of $685.63 million, a price-to-earnings ratio of 73.59 and a beta of 0.74. The firm’s fifty day moving average is $8.09 and its 200-day moving average is $6.00.

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.