Insider Selling: Paysign (NASDAQ:PAYS) CTO Sells $73,000.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) CTO Bradley Kramer Cunningham sold 10,000 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $7.30, for a total value of $73,000.00. Following the transaction, the chief technology officer owned 351,631 shares of the company’s stock, valued at approximately $2,566,906.30. The trade was a 2.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Price Performance

Shares of NASDAQ PAYS opened at $13.45 on Monday. The stock’s 50-day simple moving average is $10.68 and its two-hundred day simple moving average is $7.41. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $14.43. The firm has a market capitalization of $759.39 million, a P/E ratio of 51.73 and a beta of 0.80.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Wednesday, August 5th. 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 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. As a group, research analysts anticipate that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Hedge Funds Weigh In On Paysign

Institutional investors and hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LP lifted its position in Paysign by 69.8% in the second quarter. Corient Private Wealth LP now owns 30,159 shares of the company’s stock valued at $247,000 after purchasing an additional 12,396 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Paysign by 114.4% in the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after purchasing an additional 2,155 shares during the last quarter. Punch & Associates Investment Management Inc. bought a new position in shares of Paysign in the second quarter worth approximately $16,983,000. Bank of America Corp DE purchased a new position in shares of Paysign in the second quarter worth $335,000. Finally, AWM Investment Company Inc. purchased a new position in shares of Paysign in the second quarter worth $6,560,000. 25.89% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PAYS has been the topic of a number of research analyst reports. DA Davidson increased their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Lake Street Capital reissued a “buy” rating and set a $13.00 price objective on shares of Paysign in a report on Thursday, August 6th. Wall Street Zen cut Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Barrington Research set a $15.00 target price on Paysign in a research note on Tuesday, August 11th. Three investment 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.

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.