Payment Data Systems, Inc. (NASDAQ:PYDS) insider Louis A. Hoch sold 24,859 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $2.49, for a total value of $61,898.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Payment Data Systems, Inc. (PYDS) opened at $2.27 on Wednesday. Payment Data Systems, Inc. has a 12-month low of $1.17 and a 12-month high of $4.10.

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Separately, ValuEngine downgraded Payment Data Systems from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th.

About Payment Data Systems

Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.

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