Insider Selling: Paysign (NASDAQ:PAYS) CFO Sells $441,700.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) CFO Jeffery Bradford Baker sold 35,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer owned 542,171 shares of the company’s stock, valued at $6,842,198.02. The trade was a 6.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Paysign Stock Performance

PAYS traded up $0.15 during midday trading on Friday, hitting $13.17. The stock had a trading volume of 455,569 shares, compared to its average volume of 695,507. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $13.25. The business has a fifty day moving average of $8.74 and a 200 day moving average of $6.35. The company has a market cap of $743.58 million, a P/E ratio of 50.66 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last posted 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. Paysign had a net margin of 15.67% and a return on equity of 31.70%. The firm had revenue of $28.25 million for the quarter, compared to the consensus estimate of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, equities research analysts anticipate that Paysign, Inc. will post 0.58 earnings per share for the current year.

Hedge Funds Weigh In On Paysign

Several hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its holdings in shares of Paysign by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company’s stock valued at $548,000 after acquiring an additional 17,466 shares in the last quarter. Jane Street Group LLC purchased a new position in Paysign during the 1st quarter valued at $51,000. Rhumbline Advisers increased its position in Paysign by 5.2% during the 1st quarter. Rhumbline Advisers now owns 46,587 shares of the company’s stock valued at $99,000 after purchasing an additional 2,303 shares during the period. Geode Capital Management LLC raised its holdings in Paysign by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 788,500 shares of the company’s stock worth $5,679,000 after purchasing an additional 12,490 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Paysign by 19.1% in the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock worth $122,000 after purchasing an additional 2,716 shares in the last quarter. 25.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on PAYS shares. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. DA Davidson lifted their price objective on Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Barrington Research set a $15.00 target price on Paysign in a report on Tuesday. Finally, Lake Street Capital restated a “buy” rating and set a $13.00 price target on shares of Paysign in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign currently has a consensus rating of “Buy” and a consensus target price of $13.33.

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.