Insider Selling: Paysign (NASDAQ:PAYS) Director Sells $71,000.00 in Stock

Paysign, Inc. (NASDAQ:PAYS) Director Bruce Mina sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $7.10, for a total transaction of $71,000.00. Following the completion of the sale, the director directly owned 268,500 shares of the company’s stock, valued at approximately $1,906,350. This represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Paysign Price Performance

Shares of Paysign stock traded down $0.20 on Friday, hitting $8.96. The company had a trading volume of 270,218 shares, compared to its average volume of 471,860. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $9.49. The company has a market cap of $500.95 million, a PE ratio of 52.71 and a beta of 0.72. The business has a 50-day simple moving average of $7.95 and a 200-day simple moving average of $5.90.

Paysign (NASDAQ:PAYS) last announced its earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $28.04 million for the quarter, compared to analysts’ expectations of $27.01 million. Paysign had a return on equity of 21.74% and a net margin of 11.38%.Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. On average, equities research analysts predict that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PAYS. Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, DA Davidson restated a “buy” rating and set a $9.00 target price on shares of Paysign in a report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Paysign presently has an average rating of “Buy” and an average target price of $10.00.

Hedge Funds Weigh In On Paysign

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hennion & Walsh Asset Management Inc. boosted its position in shares of Paysign by 27.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 56,395 shares of the company’s stock valued at $462,000 after purchasing an additional 12,223 shares during the period. Militia Capital Management LLC purchased a new stake in Paysign during the first quarter valued at about $471,000. Bank of America Corp DE boosted its holdings in shares of Paysign by 345.9% in the first quarter. Bank of America Corp DE now owns 130,930 shares of the company’s stock worth $772,000 after buying an additional 101,568 shares during the period. Punch & Associates Investment Management Inc. boosted its holdings in shares of Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after buying an additional 595,650 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after acquiring an additional 227,300 shares in the last quarter. Institutional investors and hedge funds own 25.89% of the company’s stock.

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.