Paysign (NASDAQ:PAYS) Insider Matthew Baker Turner Sells 15,057 Shares of Stock

Paysign, Inc. (NASDAQ:PAYS) insider Matthew Baker Turner sold 15,057 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $4.16, for a total value of $62,637.12. Following the completion of the transaction, the insider directly owned 454,943 shares in the company, valued at approximately $1,892,562.88. This trade represents a 3.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Performance

NASDAQ PAYS opened at $13.45 on Friday. Paysign, Inc. has a one year low of $3.08 and a one year high of $14.43. The company’s 50-day simple moving average is $10.68 and its two-hundred day simple moving average is $7.39. The company has a market capitalization of $759.41 million, a price-to-earnings ratio of 51.73 and a beta of 0.80.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.06 by $0.05. The firm had revenue of $28.25 million during the quarter, compared to analyst estimates of $26.36 million. Paysign had a return on equity of 30.13% and a net margin of 15.67%.Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. Equities analysts expect that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Barrington Research set a $15.00 target price on shares of Paysign in a research note on Tuesday, August 11th. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. DA Davidson boosted their price objective on Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Lake Street Capital reaffirmed a “buy” rating and set 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, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $13.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System boosted its holdings in Paysign by 114.4% in the 2nd quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock valued at $33,000 after purchasing an additional 2,155 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Paysign in the 2nd quarter valued at approximately $30,000. Legal & General Group Plc acquired a new stake in Paysign in the 2nd quarter valued at approximately $35,000. BNP Paribas Financial Markets raised its holdings in shares of Paysign by 99.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after buying an additional 3,453 shares during the period. Finally, EFG International AG purchased a new stake in Paysign during the second quarter worth about $68,000. Institutional investors and hedge funds own 25.89% of the company’s stock.

About Paysign

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.