Insider Selling: Paysign (NASDAQ:PAYS) Insider Sells $900,463.75 in Stock

Paysign, Inc. (NASDAQ:PAYS) insider Michael Ngo sold 70,075 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $12.85, for a total transaction of $900,463.75. Following the completion of the transaction, the insider directly owned 2,429,925 shares in the company, valued at approximately $31,224,536.25. The trade was a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Paysign Trading Down 2.5%

Shares of PAYS stock opened at $13.01 on Friday. Paysign, Inc. has a 12 month low of $3.08 and a 12 month high of $14.43. The stock has a market cap of $734.54 million, a P/E ratio of 50.04 and a beta of 0.80. The company has a 50 day simple moving average of $11.16 and a two-hundred day simple moving average of $7.73.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share 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 30.13%. The business had revenue of $28.25 million for 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 forecast that Paysign, Inc. will post 0.58 earnings per share for the current year.

Hedge Funds Weigh In On Paysign

A number of hedge funds and other institutional investors have recently modified their holdings of PAYS. Raymond James Financial Inc. purchased a new position in Paysign during the second quarter valued at $30,000. California State Teachers Retirement System lifted its stake in Paysign by 114.4% in the 2nd 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 in the last quarter. Legal & General Group Plc purchased a new stake in Paysign in the 2nd quarter worth $35,000. BNP Paribas Financial Markets boosted its holdings in shares of Paysign by 99.8% during the 3rd 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 during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Paysign by 381.5% during the 4th 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 during the last quarter. Institutional investors own 25.89% of the company’s stock.

Analyst Ratings Changes

PAYS has been the subject of several recent research reports. Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Barrington Research set a $15.00 price objective on Paysign in a research note on Tuesday, August 11th. DA Davidson lifted their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Finally, Lake Street Capital reissued a “buy” rating and issued a $13.00 target price on shares of Paysign in a report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target 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.