Insider Selling: Paysign (NASDAQ:PAYS) CTO Sells $23,400.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) CTO Bradley Kramer Cunningham sold 3,000 shares of Paysign stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $7.80, for a total value of $23,400.00. Following the transaction, the chief technology officer owned 348,631 shares of the company’s stock, valued at $2,719,321.80. The trade was a 0.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Price Performance

Shares of PAYS opened at $13.45 on Monday. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $14.43. The company has a market capitalization of $759.39 million, a price-to-earnings ratio of 51.73 and a beta of 0.80. The stock’s 50-day moving average price is $10.68 and its 200-day moving average price is $7.41.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The company had revenue of $28.25 million during the quarter, compared to analysts’ expectations 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. As a group, equities analysts anticipate that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Paysign in the 2nd quarter valued at $30,000. California State Teachers Retirement System raised its position in Paysign by 114.4% during the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after acquiring an additional 2,155 shares during the period. Legal & General Group Plc acquired a new position in Paysign during the second quarter worth $35,000. BNP Paribas Financial Markets lifted its holdings in Paysign by 99.8% during 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings 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 valued at $51,000 after purchasing an additional 7,825 shares in the last quarter. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Analysts Set New Price Targets

PAYS has been the subject of several analyst reports. DA Davidson boosted their target price on shares of Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Barrington Research set a $15.00 price objective on shares of Paysign in a report 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 lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Finally, Lake Street Capital restated a “buy” rating and set a $13.00 target price on shares of Paysign in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently 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.